Analyst Estimates: Here's What Brokers Think Of Old Dominion Freight Line, Inc. (NASDAQ:ODFL) After Its Second-Quarter Report
Jul 27
U.S. Transportation Industry Analysis
UpdatedJul 27, 2024
DataAggregated Company Financials
Companies41
- 7D-0.6%
- 3M-1.7%
- 1Y6.2%
- YTD2.1%
The Transportation is pretty flat in the last 7 days, but Norfolk Southern has stood out, gaining 8.5%. As for the the longer term, the industry is up 6.2% over the past 12 months. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the U.S. Transportation Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Jul 2024 | US$583.0b | US$217.6b | US$17.2b | 28.5x | 33.9x | 2.7x |
| Mon, 24 Jun 2024 | US$579.5b | US$217.0b | US$16.7b | 25x | 34.8x | 2.7x |
| Wed, 22 May 2024 | US$586.7b | US$216.2b | US$16.7b | 25.1x | 35.1x | 2.7x |
| Fri, 19 Apr 2024 | US$598.8b | US$214.6b | US$18.0b | 22.3x | 33.2x | 2.8x |
| Sun, 17 Mar 2024 | US$631.0b | US$212.8b | US$17.5b | 22.4x | 36x | 3x |
| Tue, 13 Feb 2024 | US$618.0b | US$212.7b | US$16.6b | 25x | 37.2x | 2.9x |
| Thu, 11 Jan 2024 | US$571.4b | US$216.0b | US$16.9b | 21.6x | 33.7x | 2.6x |
| Sat, 09 Dec 2023 | US$559.4b | US$216.1b | US$16.8b | 21.4x | 33.4x | 2.6x |
| Mon, 06 Nov 2023 | US$500.8b | US$214.5b | US$14.9b | 20.3x | 33.7x | 2.3x |
| Wed, 04 Oct 2023 | US$497.5b | US$217.5b | US$16.6b | 14.3x | 30x | 2.3x |
| Fri, 01 Sep 2023 | US$522.0b | US$214.4b | US$13.7b | 14.7x | 38x | 2.4x |
| Sun, 30 Jul 2023 | US$542.6b | US$214.0b | US$10.3b | 14.4x | 52.7x | 2.5x |
| Tue, 27 Jun 2023 | US$491.0b | US$216.9b | US$12.9b | 12.8x | 37.9x | 2.3x |
| Thu, 25 May 2023 | US$455.4b | US$217.4b | US$12.9b | 13.6x | 35.3x | 2.1x |
| Sat, 22 Apr 2023 | US$458.3b | US$221.0b | US$3.5b | 14.2x | 130.9x | 2.1x |
| Mon, 20 Mar 2023 | US$323.6b | US$125.1b | -US$3,710,781,150.00 | 14.2x | -87.2x | 2.6x |
| Wed, 15 Feb 2023 | US$503.4b | US$220.2b | US$2.6b | 15.6x | 194.2x | 2.3x |
| Fri, 13 Jan 2023 | US$498.2b | US$221.8b | US$3.3b | 10.7x | 148.8x | 2.2x |
| Sun, 11 Dec 2022 | US$474.9b | US$220.9b | US$3.6b | 10.3x | 132.5x | 2.1x |
| Tue, 08 Nov 2022 | US$443.4b | US$219.4b | US$3.5b | 9.3x | 125.7x | 2x |
| Thu, 06 Oct 2022 | US$437.8b | US$206.1b | US$992.9m | 9x | 440.9x | 2.1x |
| Sat, 03 Sep 2022 | US$466.7b | US$206.9b | US$767.6m | 9.1x | 607.9x | 2.3x |
| Mon, 01 Aug 2022 | US$477.7b | US$202.3b | US$4.2b | 9.7x | 114.1x | 2.4x |
| Wed, 29 Jun 2022 | US$441.3b | US$195.4b | US$2.5b | 9.3x | 174.8x | 2.3x |
| Fri, 27 May 2022 | US$439.9b | US$195.2b | US$2.5b | 10x | 179.4x | 2.3x |
| Sun, 24 Apr 2022 | US$494.0b | US$187.9b | US$6.1b | 13.2x | 80.8x | 2.6x |
| Tue, 22 Mar 2022 | US$581.0b | US$187.9b | US$7.7b | 15.1x | 75.6x | 3.1x |
| Thu, 17 Feb 2022 | US$580.7b | US$186.7b | US$7.7b | 15.3x | 75.3x | 3.1x |
| Sat, 15 Jan 2022 | US$602.6b | US$183.9b | US$4.5b | 18.1x | 133.9x | 3.3x |
| Mon, 13 Dec 2021 | US$619.7b | US$181.2b | US$12.4b | 17.4x | 49.8x | 3.4x |
| Wed, 10 Nov 2021 | US$651.8b | US$180.8b | US$12.6b | 19x | 51.6x | 3.6x |
| Fri, 08 Oct 2021 | US$600.1b | US$171.9b | US$11.5b | 17.8x | 52x | 3.5x |
| Sun, 05 Sep 2021 | US$591.2b | US$174.4b | US$11.2b | 18.3x | 52.7x | 3.4x |
| Tue, 03 Aug 2021 | US$591.6b | US$174.4b | US$11.2b | 18.7x | 52.7x | 3.4x |
Price to Earnings Ratio
52.7x
Current Industry PE
- Investors are pessimistic on the American Transportation industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 33.9x which is lower than its 3-year average PE of 148x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Transportation industry have grown 15% per year over the last three years.
- Revenues for these companies have grown 7.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the U.S. Industrials industry?
| US Market | -0.64% | |
| Industrials | 1.17% | |
| Transportation | -0.60% | |
| Railroads | 0.80% | |
| Cargo Ground Transportation | 0.39% | |
| Trucking | -3.44% | |
Industry PE
- Investors are most optimistic about the Trucking industry which is trading above its 3-year average PE ratio.
- Analysts are expecting annual earnings growth of 48.0%, which is higher than its past year's earnings decline of 87.2% per year.
- Investors are most pessimistic about the Railroads industry, which is trading close to its 3-year average of 20.9x.
Forecasted Growth
- Analysts are most optimistic on the Trucking industry, expecting annual earnings growth of 48% over the next 5 years.
- This is better than its past earnings decline of 87% per year.
- In contrast, the Railroads industry is expected to see its earnings grow by 9.6% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NSC Norfolk Southern | US$247.22 | 8.5% +US$4.4b | 4.5% | PE31.2x | |
| ODFL Old Dominion Freight Line | US$202.93 | 3.8% +US$1.6b | -5.1% | PE34.5x | |
| JBHT J.B. Hunt Transport Services | US$171.54 | 4.5% +US$750.6m | -16.5% | PE28.9x | |
| SNDR Schneider National | US$26.38 | 7.5% +US$323.1m | -15.4% | PE29.1x | |
| LSTR Landstar System | US$192.04 | 4.4% +US$287.5m | -5.6% | PE29.4x |
