Wolfe Research analyst Scott Group maintains $Old Dominion Freight Line (ODFL.US)$ with a sell rating, and adjusts the target price from $206 to $179.
According to TipRanks data, the analyst has a success rate of 56.5% and a total average return of 8.0% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Old Dominion Freight Line (ODFL.US)$'s main analysts recently are as follows:
Expectations for Old Dominion's Q3 earnings per share have been adjusted downward in light of the less-than-truckload shipping sector's performance. This adjustment also influences the forecasts for the fiscal years 2025 and 2026, based on lower starting points. This change is largely due to the generally weak operational updates provided in the middle of Q3 by the companies. However, it is noted that Saia has been experiencing relatively robust volume trends, which is supported by the company's ongoing expansion through new terminal openings.
The initiation of coverage on the transportation and logistics sector is grounded in a broadly optimistic perspective, anchored by the assessment that the current cyclical downturn in the industry may be approaching its latter stages. This implies that with rates and margins nearing their lowest points, there's potential for substantial earnings growth in 2025 and continuing into 2026 as rates rebound. This upbeat outlook is bolstered by the belief that several firms in the sector are led by adept management teams known for prudent capital management. Moreover, the essential nature of transportation services to the North American economy is recognized, which minimizes the risk of disruption or substitution. Analysts recommend positioning for a cyclical upturn and focusing on companies poised to benefit disproportionately from tightening freight conditions.
Note:
TipRanks, an independent third party, provides analysis data from financial analysts and calculates the Average Returns and Success Rates of the analysts' recommendations. The information presented is not an investment recommendation and is intended for informational purposes only.
Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
TipRanks provides a ranking of each analyst up to 5 stars, which is representative of all recommendations from the analyst. An analyst's past performance is evaluated on a scale of 1 to 5 stars, with more stars indicating better performance. The star level is determined by his/her total success rate and average return.
沃尔夫研究分析师Scott Group维持$Old Dominion Freight Line (ODFL.US)$卖出评级，并将目标价从206美元下调至179美元。
根据TipRanks数据显示，该分析师近一年总胜率为56.5%，总平均回报率为8.0%。
此外，综合报道，$Old Dominion Freight Line (ODFL.US)$近期主要分析师观点如下：
鉴于少于卡车的航运业的表现，对Old Dominion第三季度每股收益的预期已下调。基于较低的起点，这种调整还影响了对2025年和2026财年的预测。这一变化主要是由于两家公司在第三季度中期提供的运营更新普遍疲软。但是，值得注意的是，Saia一直处于相对强劲的销量趋势，这得益于该公司通过开设新航站楼进行的持续扩张。
对运输和物流行业的报道以普遍乐观的视角为基础，其基础是该行业当前的周期性衰退可能已接近后期阶段。这意味着，随着利率和利润率接近最低点，随着利率的反弹，收益有可能在2025年实现大幅增长，并持续到2026年。这种乐观的前景得到了以下信念的支持：该行业的几家公司由以审慎的资本管理而闻名的熟练管理团队领导。此外，北美经济运输服务的基本性质得到认可，这最大限度地降低了中断或替代的风险。分析师建议为周期性回升做好准备，重点关注有望从紧缩的运费条件中获益不成比例的公司。
提示:
TipRanks为独立第三方，提供金融分析师的分析数据，并计算分析师推荐的平均回报率和胜率。提供的信息并非投资建议，仅供参考。本文不对评级数据和报告的完整性与准确性做出认可、声明或保证。
TipRanks提供每位分析师的星级，分析师星级代表分析师所有推荐的过往表现，通过分析师的总胜率和平均回报率综合计算得出，星星越多，则该分析师过往表现越优异，最高为5颗星。
分析师总胜率为近一年分析师的评级成功次数占总评级次数的比率。评级的成功与否，取决于TipRanks的虚拟投资组合是否从该股票中产生正回报。
总平均回报率为基于分析师的初始评级创建虚拟投资组合，并根据评级变化对组合进行调整，在近一年中该投资组合所获得的回报率。
