XPO Logistics Inc (XPO) Receives $92.67 Consensus PT from Brokerages

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XPO Logistics Inc (NYSE:XPO) has been given an average recommendation of “Buy” by the eighteen analysts that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and thirteen have issued a buy rating on the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $91.20.

XPO has been the topic of a number of recent analyst reports. Citigroup cut their price objective on XPO Logistics from $114.00 to $96.00 and set an “outperform” rating on the stock in a research note on Monday, December 17th. Barclays cut their price objective on XPO Logistics from $130.00 to $100.00 and set an “overweight” rating on the stock in a research note on Monday, December 17th. Deutsche Bank set a $108.00 price objective on XPO Logistics and gave the company a “buy” rating in a research note on Tuesday, January 1st. Loop Capital initiated coverage on XPO Logistics in a research note on Wednesday, February 6th. They issued a “buy” rating and a $75.00 price objective on the stock. Finally, Bank of America cut their price objective on XPO Logistics from $76.00 to $65.00 and set a “neutral” rating on the stock in a research note on Friday, February 15th.

Shares of XPO Logistics stock traded up $1.34 during trading on Friday, hitting $63.19. 2,192,066 shares of the stock traded hands, compared to its average volume of 3,355,233. The firm has a market cap of $6.75 billion, a price-to-earnings ratio of 19.81, a P/E/G ratio of 0.94 and a beta of 2.20. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.11 and a quick ratio of 1.11. XPO Logistics has a twelve month low of $41.05 and a twelve month high of $116.27.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings data on Thursday, February 14th. The transportation company reported $0.72 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.83 by ($0.11). XPO Logistics had a net margin of 2.44% and a return on equity of 10.83%. The company had revenue of $4.39 billion during the quarter, compared to the consensus estimate of $4.56 billion. During the same period in the previous year, the business posted $0.45 earnings per share. The firm’s revenue was up 4.6% on a year-over-year basis. As a group, equities research analysts predict that XPO Logistics will post 3.4 earnings per share for the current year.

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Spruce House Investment Management LLC increased its position in XPO Logistics by 64.5% in the 4th quarter. Spruce House Investment Management LLC now owns 12,750,000 shares of the transportation company’s stock worth $727,260,000 after buying an additional 5,000,000 shares during the period. Vanguard Group Inc increased its position in XPO Logistics by 7.0% in the 3rd quarter. Vanguard Group Inc now owns 10,997,991 shares of the transportation company’s stock worth $1,255,640,000 after buying an additional 721,707 shares during the period. Dimensional Fund Advisors LP increased its position in XPO Logistics by 2.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,280,309 shares of the transportation company’s stock worth $130,062,000 after buying an additional 55,852 shares during the period. Senator Investment Group LP increased its position in XPO Logistics by 54.8% in the 3rd quarter. Senator Investment Group LP now owns 1,650,000 shares of the transportation company’s stock worth $188,380,000 after buying an additional 584,028 shares during the period. Finally, Epoch Investment Partners Inc. increased its position in XPO Logistics by 90.7% in the 4th quarter. Epoch Investment Partners Inc. now owns 1,572,526 shares of the transportation company’s stock worth $89,697,000 after buying an additional 747,926 shares during the period.

XPO Logistics Company Profile

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Europe, 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; logistics services for domestic, cross-border, and international shipments; and managed transportation services.

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Analyst Recommendations for XPO Logistics (NYSE:XPO)

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