Are Wall Street Analysts Bullish on Old Dominion Freight Line Stock?

Core Viewpoint - Old Dominion Freight Line, Inc. (ODFL) has significantly underperformed the market and its industry peers over the past year, with notable declines in stock prices and operational metrics [2][3][4]. Company Performance - ODFL's stock prices have decreased by 21.3% year-to-date and 38.7% over the past 52 weeks, contrasting with the S&P 500 Index's gains of 16.5% in 2025 and 14.5% over the past year [2]. - The company reported a 9% decline in overall LTL tons per day compared to the same quarter last year, driven by a 7.9% decrease in LTL shipments per day and a 1.2% decrease in LTL weight per shipment [4]. - The company's topline revenue for the quarter was $1.4 billion, reflecting a 4.3% year-over-year decline, although it was 70 basis points above market expectations [4]. Earnings Performance - ODFL's adjusted EPS fell by 10.5% year-over-year to $1.28, but this figure exceeded consensus estimates by 4.9% [5]. - For the full fiscal year 2025, analysts project an adjusted EPS of $4.81, which represents a 12.2% decline year-over-year [5]. - The company has a mixed earnings surprise history, surpassing bottom-line estimates three times in the past four quarters while missing projections once [5]. Analyst Ratings - Among 23 analysts covering ODFL, the consensus rating is a "Hold," consisting of seven "Strong Buys," one "Moderate Buy," 12 "Holds," and three "Strong Sells" [6].