Old Dominion: The Dividend Growth Stock That Keeps On Giving
Old Dominion Freight Line(ODFL) Seeking Alpha·2024-07-28 21:52
Old Dominion Freight Line Using the FactSet data in the chart below, even if we consider 18% and 12% expected EPS growth in 2025 and 2026, we get a fair stock price of $202, which is where ODFL is currently trading. Pros & Cons Generally speaking, this does not bode well for freight demand and explains why the stock prices of so many transportation companies have gone nowhere since 2022. Despite these headwinds, ODFL reported revenue of $1.5 billion, which marks a 6.1% increase from the prior year. This gro ...