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

XPO has been the subject of a number of recent analyst reports. Citigroup upped their price target on shares of XPO Logistics from $70.00 to $75.00 and gave the company a "buy" rating in a report on Monday, August 8th. Morgan Stanley upgraded shares of XPO Logistics from an "equal weight" rating to an "overweight" rating and set a $75.00 price target for the company in a report on Friday, July 8th. Raymond James upped their price target on shares of XPO Logistics from $70.00 to $80.00 in a report on Tuesday, August 9th. TheStreet cut shares of XPO Logistics from a "b" rating to a "c" rating in a report on Monday, May 9th. Finally, Susquehanna Bancshares decreased their price target on shares of XPO Logistics from $97.00 to $96.00 in a report on Wednesday, May 11th. One investment analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $90.40.

XPO Logistics Stock Performance

NYSE:XPO opened at $60.12 on Friday. XPO Logistics has a 12-month low of $45.09 and a 12-month high of $90.78. The company has a quick ratio of 1.04, a current ratio of 1.11 and a debt-to-equity ratio of 1.67. The firm has a market capitalization of $6.92 billion, a PE ratio of 10.02, a price-to-earnings-growth ratio of 0.70 and a beta of 2.06. The firm has a 50-day moving average price of $51.82 and a 200 day moving average price of $59.11.

XPO Logistics (NYSE:XPO - Get Rating) last posted its quarterly earnings data on Thursday, August 4th. The transportation company reported $1.81 earnings per share for the quarter, topping the consensus estimate of $1.49 by $0.32. The company had revenue of $3.23 billion during the quarter, compared to analyst estimates of $3.19 billion. XPO Logistics had a net margin of 5.20% and a return on equity of 45.28%. The company's revenue was up 1.3% on a year-over-year basis. During the same quarter last year, the business posted $1.86 earnings per share. Research analysts anticipate that XPO Logistics will post 5.83 earnings per share for the current fiscal year.

Insider Transactions at XPO Logistics

In other news, CEO S Jacobs Bradley sold 5,061,029 shares of the firm's stock in a transaction that occurred on Thursday, August 11th. The shares were sold at an average price of $55.17, for a total transaction of $279,216,969.93. Following the completion of the sale, the chief executive officer now owns 1,300,701 shares of the company's stock, valued at $71,759,674.17. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last 90 days, insiders sold 5,117,500 shares of company stock valued at $282,215,408. Corporate insiders own 11.20% of the company's stock.