The news reports reveal that
Old Dominion Freight Line ODFL selling, buying and holding from various institutions and insiders caused fluctuations in the company's shares. The
Third Quarter 2024 Conference Call is to be webcasted. While some reasons detract investors from the ODFL stock, the strong financials suggest that
market is following fundamentals.
Shellback Capital LP initiated a new position in ODFL, while
Xponance Inc. and Legal & General Group Plc decided to trim their stakes. The company also provided updates for its Q3 2024. Moreover, the
Q2 results and the consecutive quarterly
revenue growth paint a positive outlook for the company. It is also revealed that
ODFL's five-year total shareholder returns outpace the underlying earnings growth. Additionally, their
LTL freight volume has witnessed an upward trend amidst the
soft industrial demand.
Old Dominion Freight Line ODFL News Analytics from Thu, 01 Feb 2024 08:00:00 GMT to Sun, 29 Sep 2024 16:40:08 GMT -
Rating 4
- Innovation 5
- Information 7
- Rumor -3
