Here's Why Investors Should Give Old Dominion Stock a Miss Now
Key Takeaways ODFL faces multiple headwinds, including earnings estimate cuts and lackluster investor confidence.Old Dominion shares lost 8.4% in three months, lagging the transportation-truck industry's gains.Weak freight demand and supply chain issues hurt volumes, rates and worsened the operating ratio.Old Dominion Freight Line, Inc. (ODFL) is currently mired in multiple headwinds, which, we believe, have made it an unimpressive investment option.Let’s delve deeper.Southward Earnings Estimate Revision: T ...