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.
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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.
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沃爾夫研究分析師Scott Group維持$Old Dominion Freight Line (ODFL.US)$賣出評級，並將目標價從206美元下調至179美元。
根據TipRanks數據顯示，該分析師近一年總勝率為56.5%，總平均回報率為8.0%。
此外，綜合報道，$Old Dominion Freight Line (ODFL.US)$近期主要分析師觀點如下：
鑑於少於卡車的航運業的表現，對Old Dominion第三季度每股收益的預期已下調。基於較低的起點，這種調整還影響了對2025年和2026財年的預測。這一變化主要是由於兩家公司在第三季度中期提供的運營更新普遍疲軟。但是，值得注意的是，Saia一直處於相對強勁的銷量趨勢，這得益於該公司通過開設新航站樓進行的持續擴張。
對運輸和物流行業的報道以普遍樂觀的視角爲基礎，其基礎是該行業當前的週期性衰退可能已接近後期階段。這意味着，隨着利率和利潤率接近最低點，隨着利率的反彈，收益有可能在2025年實現大幅增長，並持續到2026年。這種樂觀的前景得到了以下信念的支持：該行業的幾家公司由以審慎的資本管理而聞名的熟練管理團隊領導。此外，北美經濟運輸服務的基本性質得到認可，這最大限度地降低了中斷或替代的風險。分析師建議爲週期性回升做好準備，重點關注有望從緊縮的運費條件中獲益不成比例的公司。
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