From recent market updates, Old Dominion Freight Line (ODFL) has drawn attention from various institutional investors including Blueshift Asset Management LLC, Generali Asset Management SPA SGR, iA Global Asset Management Inc, Whittier Trust Co. of Nevada Inc, and many others. Certain parties like Corient Private Wealth LLC, William Blair Investment Management LLC, Royal London Asset Management Ltd, and others have trimmed their holdings in ODFL. Despite some negative pressure with the ODFL stocks hitting a 52-week low amid market shifts, the company shows strong promise with solid financials and high returns.
Jim Cramer acknowledges ODFL as a 'Good Company', although the freight recession weighs on the situation. ODFL's stock has seen some bearish developments, but the company's strong fundamentals may offset temporary market weaknesses. Their anticipation of recovery led to a rating upgrade while the Q4 earnings per diluted share stand at $1.23.
Despite the criticism, ODFL is seen as potentially one of the best delivery stocks to buy and is marked by some as a prospective multi-bagger. A recent price drop experienced by the company may compel institutional investors to take rigorous actions.
Old Dominion Freight Line ODFL News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 22 Mar 2025 20:14:28 GMT - Rating -3 - Innovation 2 - Information 4 - Rumor 2
