Media stories about XPO Logistics (NYSE:XPO) have been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. XPO Logistics earned a news impact score of 0.11 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 46.7169924107352 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
Here are some of the headlines that may have effected Accern Sentiment’s rankings:
- XPO Logistics Launches Next-Generation WMx Technology (finance.yahoo.com)
- Lawsuit Against XPO Logistics Claims They Misclassify Drivers As Independent Contractors – Go By Truck News (gobytrucknews.com)
- Facts About In Play Stocks – XPO Logistics Inc (NYSE: XPO) – Alpha Beta Stock (alphabetastock.com)
- California cartage drivers sue XPO, charging employee misclassification (dcvelocity.com)
- XPO Logistics Inc (XPO) Holdings Lessened by Crystal Rock Capital Management (americanbankingnews.com)
Shares of XPO Logistics (NYSE:XPO) traded up $0.34 during mid-day trading on Wednesday, hitting $98.43. 1,536,787 shares of the stock were exchanged, compared to its average volume of 1,545,849. The company has a debt-to-equity ratio of 1.11, a quick ratio of 1.20 and a current ratio of 1.20. The company has a market capitalization of $11,896.17, a price-to-earnings ratio of 41.01, a PEG ratio of 1.00 and a beta of 2.55. XPO Logistics has a twelve month low of $44.51 and a twelve month high of $100.45.
A number of research analysts have weighed in on the stock. Vetr raised shares of XPO Logistics from a “buy” rating to a “strong-buy” rating and set a $98.77 price target on the stock in a research note on Thursday, February 8th. Zacks Investment Research raised shares of XPO Logistics from a “hold” rating to a “buy” rating and set a $103.00 price target on the stock in a research note on Thursday, February 15th. Bank of America cut their price target on shares of XPO Logistics from $103.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, February 8th. Stephens set a $95.00 price target on shares of XPO Logistics and gave the company a “hold” rating in a research note on Friday, February 9th. Finally, Cowen reaffirmed an “outperform” rating and issued a $100.00 price target (up previously from $85.00) on shares of XPO Logistics in a research note on Friday, February 9th. Two research analysts have rated the stock with a hold rating and nineteen have issued a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $96.60.
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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