Today’s Stock: Old Dominion Freight Line, Inc. (ODFL)Today’s Stock: Old Dominion Freight Line, Inc. (ODFL)
Old Dominion Freight Line, Inc. operates as a less-than-truckload motor carrier in the United States and North America. The company offers regional, inter-regional, and national less-than-truckload services, as well as expedited transportation. It also provides various value-added services, including container drayage, truckload brokerage, and supply chain consulting.
My Thoughts 💭My Thoughts 💭
This stock is part of my Motley Fool vs Bitcoin experiment
When they selected this stock they were expecting trucking to protect purchasing power and provide great returns to investors into the future. So far it’s been meh
At 198.8k sats per share ($88,374), and pays a 1.2k sat dividend. It will take 165 years to recover the initial sat investment. A very long time!
The company trades at a PE 34 which means investors are paying $34 to access $1 of earnings. This stock is pretty expensive by historical estimates. Not something that will interest value investors.
PE:PE:
Expected Growth:Expected Growth:
Revenues and expenses:Revenues and expenses:
Balance Sheet:Balance Sheet:
Dividend:Dividend:
Bitcoin per share:Bitcoin per share:
NoneNone
Ownership breakdown :Ownership breakdown :
Leadership:Leadership:
The fundamentals of this company are very strong. The balance sheet is flawless. But the growth is weak at 8%.
At 198.8k sats and such a low dividend I am not seeing much value or growth in this stock that will make it worth dumping sats for.
While I am greatly appreciative of freight and how it makes our lives better I don’t have a strong urge to pledge my capital to help them grow/operate their business and looking at the revenues and free cash flow they dont need my sats.
This is a solid business!!
Since I been buying the stock here is my personal performance
Yup in 5 years of DCA’ing into this stock I am up 3% while bitcoin absolutely crushed it during the same time frame. But according to Simply wall st I should have crushed it
Bottom line this is a great company. You won’t get rich nor go broke with this company it’s just exists paying its dividends keeping a clean balance sheet and just doing boring but much needed work of freight.
Due to my experiment I will continue to add shares but it’s best to just stick with bitcoin and hold sats.