XPO Logistics Inc (NYSE:XPO) has received an average rating of “Buy” from the twenty research firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a hold recommendation, eighteen have given a buy recommendation and one has issued a strong buy recommendation on the company. The average twelve-month price target among analysts that have issued ratings on the stock in the last year is $86.24.
A number of research firms have commented on XPO. Bank of America set a $103.00 target price on XPO Logistics and gave the company a “buy” rating in a report on Wednesday, January 3rd. Oppenheimer reissued a “buy” rating and issued a $104.00 target price on shares of XPO Logistics in a report on Tuesday. Citigroup reissued an “outperform” rating and issued a $104.00 target price (up previously from $85.00) on shares of XPO Logistics in a report on Tuesday. Credit Suisse Group reissued an “outperform” rating and issued a $106.00 target price (up previously from $79.00) on shares of XPO Logistics in a report on Thursday. Finally, Stifel Nicolaus reduced their target price on XPO Logistics from $120.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, January 2nd.
Shares of XPO Logistics (NYSE XPO) opened at $94.82 on Friday. XPO Logistics has a fifty-two week low of $42.07 and a fifty-two week high of $95.07. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.23 and a quick ratio of 1.23. The company has a market capitalization of $11,370.00, a price-to-earnings ratio of 79.02, a price-to-earnings-growth ratio of 0.84 and a beta of 2.51.
XPO Logistics (NYSE:XPO) last released its earnings results on Wednesday, November 1st. The transportation company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.57 by $0.02. XPO Logistics had a return on equity of 7.01% and a net margin of 1.11%. The company had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.79 billion. During the same quarter last year, the company earned $0.41 earnings per share. XPO Logistics’s quarterly revenue was up 4.7% compared to the same quarter last year. equities research analysts expect that XPO Logistics will post 1.92 EPS for the current year.
Several large investors have recently added to or reduced their stakes in XPO. Legal & General Group Plc raised its stake in shares of XPO Logistics by 14.3% during the 2nd quarter. Legal & General Group Plc now owns 44,997 shares of the transportation company’s stock worth $2,909,000 after buying an additional 5,623 shares during the last quarter. Comerica Bank acquired a new position in shares of XPO Logistics during the 2nd quarter worth $269,000. BNP Paribas Arbitrage SA raised its stake in shares of XPO Logistics by 49.9% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 3,392 shares of the transportation company’s stock worth $219,000 after buying an additional 1,129 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank raised its stake in shares of XPO Logistics by 9.6% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,245 shares of the transportation company’s stock worth $274,000 after buying an additional 373 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in shares of XPO Logistics by 60.2% during the 2nd quarter. Principal Financial Group Inc. now owns 18,908 shares of the transportation company’s stock worth $1,222,000 after buying an additional 7,103 shares during the last quarter.
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XPO Logistics Company Profile
XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.
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