Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

Old Dominion Freight Line / Equity Bottom-Up

<ul><li>Old Dominion Freight Line, a major freight carrier company, recently released its first quarter 2024 which reflected a challenging economic environment but also highlighted areas of growth.</li><li>Despite the continued softness in the domestic economy, Old Dominion was able to report modest year over-year increases in revenue and earnings per diluted share for two consecutive quarters.</li><li>Its Q1 2024 earnings per diluted share of $1.34 signifies a new company record for this period.</li></ul>

Old Dominion Freight Line, a major freight carrier company, recently released its first quarter 2024 which reflected a challenging economic environment but also highlighted areas of growth.Despite the continued softness in the domestic economy, Old Dominion was able to report modest year over-year increases in revenue and earnings per diluted share for two consecutive quarters.Its Q1 2024 earnings per diluted share of $1.34 signifies a new company record for this period.

Old Dominion Freight Line Inc.: How They Are Growing Volumes Through Operating Ratio Leverage! - Major Drivers

<ul><li>Old Dominion Freight Line released its fourth-quarter earnings.</li><li>In the quarter, the company saw a slowdown in the domestic economy which affected volume levels.</li><li>Despite this, the company saw a quarterly revenue and earnings per share increase for the first time in 2023, owing to an increase in the quality of its revenue.</li></ul>

Old Dominion Freight Line released its fourth-quarter earnings.In the quarter, the company saw a slowdown in the domestic economy which affected volume levels.Despite this, the company saw a quarterly revenue and earnings per share increase for the first time in 2023, owing to an increase in the quality of its revenue.

Old Dominion Freight Line Inc.: Investing In Technology & Capacity For Expansion In 2024 & Beyond! - Major Drivers

<ul><li>Old Dominion Freight Line Inc. delivered a mixed set of results for this quarter with revenues below the analyst consensus.</li><li>Considering the operating challenges that are associated with the domestic economy’s continued softness, and decreased volumes, the financial results were solid.</li><li>We give Old Dominion Freight Line an ‘Underperform’ rating with a revised target price.</li></ul>

Old Dominion Freight Line Inc. delivered a mixed set of results for this quarter with revenues below the analyst consensus.Considering the operating challenges that are associated with the domestic economy’s continued softness, and decreased volumes, the financial results were solid.We give Old Dominion Freight Line an ‘Underperform’ rating with a revised target price.

Old Dominion Freight Line: 5 Crucial Factors Driving Its Performance! - Financial Forecasts

Equity Capital Markets

Old Dominion Freight Line / Equity Capital Markets

<ul><li>Old Dominion Freight Line produced a highly disappointing set of results as a result of the persistent downturn in the local economy and the volume decline.</li><li>The revenue decline and slight deterioration in Old Dominion's operating ratio caused the earnings per diluted share for the quarter to decline by 0.8% to $2.58.</li><li>We give Old Dominion Freight Line an 'Underperform' rating with a revised target price.</li></ul>

Old Dominion Freight Line produced a highly disappointing set of results as a result of the persistent downturn in the local economy and the volume decline.The revenue decline and slight deterioration in Old Dominion's operating ratio caused the earnings per diluted share for the quarter to decline by 0.8% to $2.58.We give Old Dominion Freight Line an 'Underperform' rating with a revised target price.

Old Dominion Freight Line Inc.: Is The Bad Result A Sign Of Trouble Or A Bargain? – Major Drivers

<ul><li>This is our first report on a major LTL shipping company, Old Dominion Freight Line.</li><li>As a result, the company delivered double-digit growth in earnings per diluted share in the fourth quarter.</li><li>Besides that, the productive labor expenses as a percentage of revenue decreased by 170 basis points within their direct operating costs, while their purchase transportation costs decreased by 200 basis points.</li></ul>

This is our first report on a major LTL shipping company, Old Dominion Freight Line.As a result, the company delivered double-digit growth in earnings per diluted share in the fourth quarter.Besides that, the productive labor expenses as a percentage of revenue decreased by 170 basis points within their direct operating costs, while their purchase transportation costs decreased by 200 basis points.

Old Dominion Freight Line Inc.: Initiation of Coverage – Business Strategy & Key Drivers

United States

Old Dominion Freight Line, Inc. is an inter-regional and multi-regional motor carrier.  The Company primarily transports less-than-truckload shipments of general commodities, such as consumer goods, textiles, and capital goods.  Old Dominion serves regional markets throughout the United States.

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Old Dominion Freight Line (ODFL US)

Old Dominion Freight Line Inc.: How They Are Growing Volumes Through Operating Ratio Leverage! - Major Drivers

Old Dominion Freight Line, a major freight carrier company, recently released its first quarter 2024 which reflected a challenging economic...

Baptista Research

Old Dominion Freight Line Inc.: Investing In Technology & Capacity For Expansion In 2024 & Beyond! - Major Drivers

Old Dominion Freight Line released its fourth-quarter earnings. In the quarter, the company saw a slowdown in the domestic economy which affected...

Baptista Research

Old Dominion Freight Line: 5 Crucial Factors Driving Its Performance! - Financial Forecasts

Old Dominion Freight Line Inc. delivered a mixed set of results for this quarter with revenues below the analyst consensus. Considering the...

Baptista Research

Old Dominion Freight Line Inc.: Is The Bad Result A Sign Of Trouble Or A Bargain? – Major Drivers

Old Dominion Freight Line produced a highly disappointing set of results as a result of the persistent downturn in the local economy and the...

Baptista Research

Old Dominion Freight Line Inc.: Initiation of Coverage – Business Strategy & Key Drivers

This is our first report on a major LTL shipping company, Old Dominion Freight Line. As a result, the company delivered double-digit growth in...

Baptista Research

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