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.

Analysts Set New Price Targets

A number of research firms have weighed in on XPO. Susquehanna Bancshares lowered their target price on XPO Logistics from $97.00 to $96.00 in a report on Wednesday, May 11th. Citigroup increased their target price on XPO Logistics from $70.00 to $75.00 and gave the company a "buy" rating in a report on Monday. Credit Suisse Group began coverage on XPO Logistics in a report on Monday, June 27th. They issued an "outperform" rating and a $65.00 target price on the stock. Oppenheimer lowered their target price on XPO Logistics from $106.00 to $87.00 in a report on Thursday, May 12th. Finally, Cowen lowered their target price on XPO Logistics to $87.00 in a report on Tuesday. One equities research analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $90.40.

XPO Logistics Trading Down 4.8 %

Shares of XPO Logistics stock traded down $2.80 on Tuesday, reaching $55.08. The company had a trading volume of 1,863,485 shares, compared to its average volume of 1,585,486. The firm has a market cap of $6.34 billion, a price-to-earnings ratio of 9.24, a P/E/G ratio of 0.83 and a beta of 2.06. The company has a debt-to-equity ratio of 1.67, a current ratio of 1.11 and a quick ratio of 1.04. The firm's 50-day moving average price is $51.53 and its two-hundred day moving average price is $59.26. XPO Logistics has a 1 year low of $45.09 and a 1 year high of $90.78.

XPO Logistics (NYSE:XPO - Get Rating) last announced its earnings results on Thursday, August 4th. The transportation company reported $1.81 EPS for the quarter, topping analysts' consensus estimates of $1.49 by $0.32. The firm had revenue of $3.23 billion during the quarter, compared to analysts' expectations of $3.19 billion. XPO Logistics had a return on equity of 45.28% and a net margin of 5.20%. The company's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.86 EPS. As a group, research analysts predict that XPO Logistics will post 5.78 earnings per share for the current fiscal year.

Insider Transactions at XPO Logistics

In other news, CEO S Jacobs Bradley sold 6,471 shares of XPO Logistics stock in a transaction that occurred on Monday, July 18th. The stock was sold at an average price of $50.06, for a total value of $323,938.26. Following the completion of the transaction, the chief executive officer now owns 6,461,730 shares in the company, valued at approximately $323,474,203.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Company insiders own 11.20% of the company's stock.