XPO Logistics Inc (XPO) Receives Average Rating of “Buy” from Brokerages

Shares of XPO Logistics Inc (NYSE:XPO) have been given an average recommendation of “Buy” by the nineteen research firms that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $92.49.

A number of research firms have commented on XPO. SunTrust Banks decreased their target price on XPO Logistics from $83.00 to $65.00 and set a “buy” rating on the stock in a research report on Tuesday, February 19th. Credit Suisse Group dropped their price target on XPO Logistics from $92.00 to $70.00 and set an “outperform” rating for the company in a research note on Tuesday, February 19th. Oppenheimer dropped their price target on XPO Logistics from $98.00 to $62.00 and set an “outperform” rating for the company in a research note on Tuesday, February 19th. Cowen restated a “buy” rating and set a $112.00 price target on shares of XPO Logistics in a research note on Thursday, December 13th. Finally, Barclays dropped their price target on XPO Logistics from $130.00 to $100.00 and set an “overweight” rating for the company in a research note on Monday, December 17th.

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bronfman E.L. Rothschild L.P. boosted its holdings in XPO Logistics by 20.5% in the fourth quarter. Bronfman E.L. Rothschild L.P. now owns 1,036 shares of the transportation company’s stock valued at $59,000 after purchasing an additional 176 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in XPO Logistics by 3.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 5,886 shares of the transportation company’s stock valued at $336,000 after purchasing an additional 183 shares during the last quarter. Standard Life Aberdeen plc boosted its holdings in XPO Logistics by 3.6% in the fourth quarter. Standard Life Aberdeen plc now owns 6,681 shares of the transportation company’s stock valued at $374,000 after purchasing an additional 231 shares during the last quarter. Paradigm Asset Management Co. LLC lifted its holdings in XPO Logistics by 83.3% during the 3rd quarter. Paradigm Asset Management Co. LLC now owns 550 shares of the transportation company’s stock worth $63,000 after buying an additional 250 shares during the last quarter. Finally, Daiwa Securities Group Inc. lifted its holdings in XPO Logistics by 8.4% during the 4th quarter. Daiwa Securities Group Inc. now owns 4,510 shares of the transportation company’s stock worth $257,000 after buying an additional 350 shares during the last quarter.

Shares of NYSE XPO traded down $0.49 during mid-day trading on Wednesday, hitting $50.34. The company had a trading volume of 234,524 shares, compared to its average volume of 4,860,521. The company has a market cap of $5.63 billion, a price-to-earnings ratio of 15.78, a price-to-earnings-growth ratio of 0.74 and a beta of 2.20. XPO Logistics has a 12 month low of $41.05 and a 12 month high of $116.27. The company has a current ratio of 1.11, a quick ratio of 1.11 and a debt-to-equity ratio of 0.99.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings results on Thursday, February 14th. The transportation company reported $0.72 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.83 by ($0.11). XPO Logistics had a return on equity of 10.83% and a net margin of 2.44%. The company had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same period last year, the business posted $0.45 EPS. The company’s revenue for the quarter was up 4.6% on a year-over-year basis. As a group, equities analysts forecast that XPO Logistics will post 3.65 earnings per share for the current fiscal year.

XPO Logistics Company Profile

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Spain, Europe, Asia, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; and logistics services for domestic, cross-border, and international shipments.

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Analyst Recommendations for XPO Logistics (NYSE:XPO)

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