Stifel Nicolaus started coverage on shares of XPO Logistics (NYSE:XPO) in a research report released on Tuesday, June 19th, MarketBeat.com reports. The brokerage issued a hold rating and a $118.00 price objective on the transportation company’s stock.
Other research analysts have also issued research reports about the stock. Bank of America reissued a buy rating and issued a $105.00 price target on shares of XPO Logistics in a research report on Friday, May 4th. ValuEngine raised shares of XPO Logistics from a hold rating to a buy rating in a research report on Thursday, March 1st. Vetr lowered shares of XPO Logistics from a strong-buy rating to a buy rating and set a $106.35 price target for the company. in a research report on Monday, February 26th. Deutsche Bank set a $133.00 price target on shares of XPO Logistics and gave the stock a buy rating in a research report on Sunday, February 25th. Finally, Zacks Investment Research lowered shares of XPO Logistics from a buy rating to a hold rating in a research report on Saturday, April 14th. Five investment analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. XPO Logistics currently has an average rating of Buy and an average target price of $107.71.
Shares of XPO Logistics opened at $100.18 on Tuesday, according to MarketBeat.com. The stock has a market cap of $11.94 billion, a PE ratio of 51.37, a P/E/G ratio of 1.01 and a beta of 2.46. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.26 and a quick ratio of 1.26. XPO Logistics has a 52 week low of $54.34 and a 52 week high of $115.49.
XPO Logistics (NYSE:XPO) last posted its quarterly earnings results on Wednesday, May 2nd. The transportation company reported $0.61 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.51 by $0.10. XPO Logistics had a net margin of 2.34% and a return on equity of 7.95%. The firm had revenue of $4.19 billion during the quarter, compared to analyst estimates of $3.91 billion. During the same quarter in the prior year, the business posted $0.30 earnings per share. The company’s quarterly revenue was up 18.4% compared to the same quarter last year. equities analysts predict that XPO Logistics will post 3.49 EPS for the current year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in XPO. Gables Capital Management Inc. bought a new stake in shares of XPO Logistics during the first quarter valued at approximately $102,000. Summit Trail Advisors LLC grew its stake in shares of XPO Logistics by 22,168.7% during the first quarter. Summit Trail Advisors LLC now owns 186,166 shares of the transportation company’s stock valued at $186,000 after purchasing an additional 185,330 shares during the last quarter. Robeco Institutional Asset Management B.V. bought a new stake in shares of XPO Logistics during the first quarter valued at approximately $198,000. First Allied Advisory Services Inc. bought a new stake in shares of XPO Logistics during the first quarter valued at approximately $200,000. Finally, American International Group Inc. bought a new stake in shares of XPO Logistics during the fourth quarter valued at approximately $246,000.
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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