Core Insights - Old Dominion Freight Line, Inc. (ODFL) is a major player in the North American less-than-truckload (LTL) market with a market cap of $31.2 billion, offering a range of logistics services [1][2] Financial Performance - ODFL stock has decreased by 37.3% from its all-time high of $233.26 on November 11, 2024, and has dropped 12.9% over the past three months, underperforming the S&P 500 Index's 8.2% gains during the same period [3] - Year-to-date, ODFL stock has declined by 17.1% and 23.5% over the past 52 weeks, while the S&P 500 has surged by 11.1% and 18.9% respectively [4] - Following the release of disappointing Q2 results on July 30, ODFL's stock fell nearly 9.7% in one trading session, with LTL tons per day decreasing by 9.3% and total revenues dropping by 6.1% year-over-year to $1.4 billion, missing consensus estimates [5] - ODFL's earnings per share (EPS) for the quarter fell 14.2% year-over-year to $1.27, also missing consensus estimates by 1.6% [5] Market Position - ODFL has significantly underperformed compared to its peer, XPO, Inc., which experienced a 66 basis points decline year-to-date and a 28.7% increase over the past 52 weeks [6] - Among 23 analysts covering ODFL, the consensus rating is a "Hold," with a mean price target of $162.19, indicating a 10.9% upside potential from current price levels [6]