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Old Dominion Freight Line (ODFL) Competitors

$174.89
+0.24 (+0.14%)
(As of 06/21/2024 ET)

ODFL vs. JBHT, SAIA, UHAL, KNX, LSTR, R, CAR, SNDR, WERN, and MRTN

Should you be buying Old Dominion Freight Line stock or one of its competitors? The main competitors of Old Dominion Freight Line include J.B. Hunt Transport Services (JBHT), Saia (SAIA), U-Haul (UHAL), Knight-Swift Transportation (KNX), Landstar System (LSTR), Ryder System (R), Avis Budget Group (CAR), Schneider National (SNDR), Werner Enterprises (WERN), and Marten Transport (MRTN). These companies are all part of the "transportation" sector.

Old Dominion Freight Line vs.

J.B. Hunt Transport Services (NASDAQ:JBHT) and Old Dominion Freight Line (NASDAQ:ODFL) are both large-cap transportation companies, but which is the superior business? We will contrast the two companies based on the strength of their analyst recommendations, risk, profitability, earnings, community ranking, institutional ownership, valuation, media sentiment and dividends.

J.B. Hunt Transport Services has a beta of 1.15, indicating that its share price is 15% more volatile than the S&P 500. Comparatively, Old Dominion Freight Line has a beta of 1.02, indicating that its share price is 2% more volatile than the S&P 500.

75.0% of J.B. Hunt Transport Services shares are held by institutional investors. Comparatively, 77.8% of Old Dominion Freight Line shares are held by institutional investors. 2.1% of J.B. Hunt Transport Services shares are held by insiders. Comparatively, 9.9% of Old Dominion Freight Line shares are held by insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company is poised for long-term growth.

Old Dominion Freight Line has lower revenue, but higher earnings than J.B. Hunt Transport Services. J.B. Hunt Transport Services is trading at a lower price-to-earnings ratio than Old Dominion Freight Line, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
J.B. Hunt Transport Services$12.83B1.26$728.29M$6.3024.79
Old Dominion Freight Line$5.87B6.48$1.24B$5.6830.79

Old Dominion Freight Line has a net margin of 21.19% compared to Old Dominion Freight Line's net margin of 5.25%. J.B. Hunt Transport Services' return on equity of 30.12% beat Old Dominion Freight Line's return on equity.

Company Net Margins Return on Equity Return on Assets
J.B. Hunt Transport Services5.25% 16.25% 7.84%
Old Dominion Freight Line 21.19%30.12%23.26%

J.B. Hunt Transport Services pays an annual dividend of $1.72 per share and has a dividend yield of 1.1%. Old Dominion Freight Line pays an annual dividend of $1.04 per share and has a dividend yield of 0.6%. J.B. Hunt Transport Services pays out 27.3% of its earnings in the form of a dividend. Old Dominion Freight Line pays out 18.3% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. J.B. Hunt Transport Services has increased its dividend for 21 consecutive years. J.B. Hunt Transport Services is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

J.B. Hunt Transport Services received 166 more outperform votes than Old Dominion Freight Line when rated by MarketBeat users. Likewise, 59.02% of users gave J.B. Hunt Transport Services an outperform vote while only 54.73% of users gave Old Dominion Freight Line an outperform vote.

CompanyUnderperformOutperform
J.B. Hunt Transport ServicesOutperform Votes
710
59.02%
Underperform Votes
493
40.98%
Old Dominion Freight LineOutperform Votes
544
54.73%
Underperform Votes
450
45.27%

J.B. Hunt Transport Services presently has a consensus target price of $192.76, suggesting a potential upside of 23.42%. Old Dominion Freight Line has a consensus target price of $204.97, suggesting a potential upside of 17.20%. Given Old Dominion Freight Line's stronger consensus rating and higher possible upside, research analysts clearly believe J.B. Hunt Transport Services is more favorable than Old Dominion Freight Line.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
J.B. Hunt Transport Services
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65
Old Dominion Freight Line
1 Sell rating(s)
10 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.42

In the previous week, Old Dominion Freight Line had 4 more articles in the media than J.B. Hunt Transport Services. MarketBeat recorded 10 mentions for Old Dominion Freight Line and 6 mentions for J.B. Hunt Transport Services. J.B. Hunt Transport Services' average media sentiment score of 1.25 beat Old Dominion Freight Line's score of 1.15 indicating that Old Dominion Freight Line is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
J.B. Hunt Transport Services
6 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Old Dominion Freight Line
8 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Old Dominion Freight Line beats J.B. Hunt Transport Services on 12 of the 22 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ODFL and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ODFL vs. The Competition

MetricOld Dominion Freight LineTrucking, except local IndustryTransportation SectorNASDAQ Exchange
Market Cap$37.95B$6.25B$9.79B$8.42B
Dividend Yield0.60%1.05%4.06%4.09%
P/E Ratio30.7921.1020.2814.95
Price / Sales6.481.4324.0165.77
Price / Cash24.349.5115.2130.94
Price / Book8.953.022.024.19
Net Income$1.24B$258.86M$615.52M$216.53M
7 Day Performance1.24%0.74%2.17%-1.22%
1 Month Performance1.94%1.01%-0.23%-2.31%
1 Year Performance7.09%-0.41%13.27%0.05%

Old Dominion Freight Line Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
JBHT
J.B. Hunt Transport Services
4.8467 of 5 stars
$155.37
-0.1%
$192.76
+24.1%
-11.6%$16.06B$12.54B24.668,756Positive News
SAIA
Saia
1.8325 of 5 stars
$460.24
+1.4%
$497.41
+8.1%
+46.3%$12.24B$2.88B33.3514,000Positive News
UHAL
U-Haul
0 of 5 stars
$62.12
-0.8%
N/A+17.2%$12.18B$5.63B20.4334,300Positive News
KNX
Knight-Swift Transportation
3.8719 of 5 stars
$47.37
+1.0%
$57.29
+20.9%
-10.5%$7.66B$7.14B70.7034,800Positive News
LSTR
Landstar System
2.4198 of 5 stars
$181.35
+0.2%
$183.00
+0.9%
-2.6%$6.49B$5.04B27.901,468
R
Ryder System
3.57 of 5 stars
$120.93
+1.0%
$131.00
+8.3%
+47.3%$5.30B$11.78B15.7547,500News Coverage
CAR
Avis Budget Group
4.8351 of 5 stars
$111.77
+7.0%
$164.57
+47.2%
-49.6%$3.98B$12.01B3.5324,500Analyst Upgrade
News Coverage
SNDR
Schneider National
3.8293 of 5 stars
$22.23
+1.4%
$27.86
+25.3%
-16.1%$3.90B$5.50B25.2617,300Positive News
WERN
Werner Enterprises
3.7361 of 5 stars
$35.46
0.0%
$40.08
+13.0%
-18.6%$2.25B$3.22B27.079,929Analyst Upgrade
MRTN
Marten Transport
4.2748 of 5 stars
$17.59
+1.4%
$22.00
+25.1%
-15.2%$1.43B$1.13B24.774,213Positive News

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This page (NASDAQ:ODFL) was last updated on 6/23/2024 by MarketBeat.com Staff

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