Old Dominion Freight Line Stock Rockets 16% With 7-Day Winning Streak
Old Dominion Freight Line (ODFL) stock hit day 7 of a continuous streak of days with gains, with cumulative gains over this period amounting to a 16% return. The company has gained about $4.1 Bil in value over the last 7 days, with its current market capitalization at about $30 Bil. The stock remains 12.3% below its value at the end of 2024. This compares with year-to-date returns of 16.6% for the S&P 500.
Old Dominion Freight Line’s recent streak is fueled by bullish analyst upgrades recognizing its robust pricing power. Despite a 10% dip in LTL tons, a 6% rise in revenue per hundredweight underscores the company’s dominant market position and operational prowess in a soft freight market, signaling resilience.
What is the point? Momentum often precedes conviction. A multi-day win streak can signal growing investor confidence or spark follow-on buying. Tracking such trends can help you ride the strength, or prepare for a well-timed entry if momentum fades. Our take: There are a few things to fear in ODFL stock given its overall Weak operating performance and financial condition. In addition, keeping in mind its High valuation, we think that the stock is Unattractive (see Buy or Sell ODFL).
For quick background, ODFL provides less-than-truckload motor carrier services across the U.S. and North America, operating a large fleet of tractors and trailers for efficient freight transportation.
Comparing ODFL Stock Returns With The S&P 500
The following table summarizes the return for ODFL stock vs. the S&P 500 index over different periods, including the current streak:
| Return Period | ODFL | S&P 500 |
|---|---|---|
| 1D | 1.7% | 0.1% |
| 7D (Current Streak) | 16.2% | 2.3% |
| 1M (21D) | 8.8% | 1.3% |
| 3M (63D) | 2.1% | 5.8% |
| YTD 2025 | -12.3% | 16.6% |
| 2024 | -12.5% | 23.3% |
| 2023 | 43.5% | 24.2% |
| 2022 | -20.5% | -19.4% |
Gains and Losses Streaks: S&P 500 Constituents
There are currently 87 S&P constituents with 3 days or more of consecutive gains and 71 constituents with 3 days or more of consecutive losses.
| Consecutive Days | # of Gainers | # of Losers |
|---|---|---|
| 3D | 63 | 17 |
| 4D | 2 | 37 |
| 5D | 5 | 11 |
| 6D | 4 | 6 |
| 7D or more | 13 | 0 |
| Total >=3 D | 87 | 71 |
Key Financials for Old Dominion Freight Line (ODFL)
Last 2 Fiscal Years:
| Metric | FY2023 | FY2024 |
|---|---|---|
| Revenues | $5.9 Bil | $5.8 Bil |
| Operating Income | $1.6 Bil | $1.5 Bil |
| Net Income | $1.2 Bil | $1.2 Bil |
Last 2 Fiscal Quarters:
| Metric | 2025 FQ2 | 2025 FQ3 |
|---|---|---|
| Revenues | $1.4 Bil | $1.4 Bil |
| Operating Income | $357.9 Mil | $360.8 Mil |
| Net Income | $268.6 Mil | $270.9 Mil |
While ODFL stock looks attractive given its winning streak, investing in a single stock without detailed, thorough analysis can be risky. The Trefis High Quality (HQ) Portfolio, with a collection of 30 stocks, has a track record of comfortably outperforming its benchmark that includes all 3 — the S&P 500, S&P mid-cap, and Russell 2000 indices. Why is that? As a group, HQ Portfolio stocks provided better returns with less risk versus the benchmark index; less of a roller-coaster ride, as evident in HQ Portfolio performance metrics.