ODFL is currently trading at 16.7 times forward earnings. It is expected to continue to grow its earnings by 23% per year over the next five years. ODFL is trading at a discount to its growth rate. ODFL has a PEG ratio of 0.72. When I extrapolate out ODFL's earnings over the next five years, and apply an appropriate multiple, I come up with a five-year target price of $89 per share. ODFL is currently trading at only $46 per share. I give ODFL a value grade of A!
Out of 3,547 stocks I have in my database, ODFL comes in at 57 and it is a stock that I own here in my aggressive growth accounts at Gunderson Capital Management. By the way, the aggressive growth portfolio in my newsletter is currently up more than 29% year to date. Old Dominion is not a recommendation, just another good example of a Best Stock Now! Data from Best Stocks Now App At the time of publication, Gunderson was long ODFL. Follow @billgunderson This article was written by an independent contributor, separate from TheStreet's regular news coverage.