XPO Logistics - XPO Stock Forecast, Price & News

XPO Logistics, Inc. provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and Brokerage and Other Services. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite regional, inter-regional, and transcontinental LTL freight services. This segment also offers cross-border U.S. service to and from Mexico and Canada, as well as intra-Canada service. The Brokerage and Other Services segment offers last mile logistics for heavy goods sold through e-commerce, omnichannel retail, and direct-to-consumer channels, as well as other non-core brokered freight transportation modes. It provides its services to customers in various industries, such as industrial and manufacturing, retail and e-commerce, food and beverage, logistics and transportation, and consumer goods. The company was incorporated in 2000 and is based in Greenwich, Connecticut.

XPO Logistics Trading Down 4.6 %

XPO Logistics stock traded down $2.78 during midday trading on Wednesday, reaching $58.30. The stock had a trading volume of 1,108,658 shares, compared to its average volume of 1,591,822. XPO Logistics has a twelve month low of $45.09 and a twelve month high of $90.29. The stock has a market capitalization of $6.71 billion, a PE ratio of 9.67, a price-to-earnings-growth ratio of 0.73 and a beta of 2.06. The company has a debt-to-equity ratio of 1.67, a quick ratio of 1.11 and a current ratio of 1.11. The stock's 50-day simple moving average is $52.01 and its 200 day simple moving average is $59.03.

XPO Logistics (NYSE:XPO - Get Rating) last issued its earnings results on Thursday, August 4th. The transportation company reported $1.81 earnings per share for the quarter, beating analysts' consensus estimates of $1.49 by $0.32. XPO Logistics had a return on equity of 45.28% and a net margin of 5.20%. The firm had revenue of $3.23 billion for the quarter, compared to analysts' expectations of $3.19 billion. During the same quarter last year, the firm earned $1.86 earnings per share. The firm's revenue for the quarter was up 1.3% compared to the same quarter last year. Analysts expect that XPO Logistics will post 5.83 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Citigroup upped their target price on XPO Logistics from $70.00 to $75.00 and gave the company a "buy" rating in a research report on Monday, August 8th. Barclays decreased their target price on XPO Logistics from $80.00 to $75.00 and set an "overweight" rating for the company in a research report on Monday, June 27th. StockNews.com raised XPO Logistics from a "hold" rating to a "buy" rating in a research report on Thursday, June 16th. Raymond James upped their target price on XPO Logistics from $70.00 to $80.00 in a research report on Tuesday, August 9th. Finally, Morgan Stanley raised XPO Logistics from an "equal weight" rating to an "overweight" rating and set a $75.00 target price for the company in a research report on Friday, July 8th. One research analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $90.85.

Insider Buying and Selling at XPO Logistics

In other XPO Logistics news, CEO S Jacobs Bradley sold 50,000 shares of the firm's stock in a transaction dated Wednesday, July 20th. The stock was sold at an average price of $53.49, for a total value of $2,674,500.00. Following the transaction, the chief executive officer now directly owns 6,361,730 shares of the company's stock, valued at $340,288,937.70. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 5,117,500 shares of company stock valued at $282,215,408 over the last three months. 11.20% of the stock is owned by company insiders.