XPO Logistics (NYSE:XPO) had its target price increased by analysts at Morgan Stanley from $85.00 to $125.00 in a research report issued to clients and investors on Monday. The firm presently has an “overweight” rating on the transportation company’s stock. Morgan Stanley’s target price would suggest a potential upside of 35.47% from the stock’s current price.
A number of other equities analysts also recently weighed in on the company. Citigroup dropped their target price on XPO Logistics from $110.00 to $75.00 and set a “buy” rating on the stock in a report on Tuesday, December 26th. Bank of America set a $103.00 target price on XPO Logistics and gave the company a “buy” rating in a report on Wednesday, January 3rd. Stifel Nicolaus dropped their target price on XPO Logistics from $120.00 to $80.00 and set a “buy” rating on the stock in a report on Tuesday, January 2nd. Deutsche Bank reiterated a “buy” rating on shares of XPO Logistics in a report on Friday, December 22nd. Finally, Macquarie upped their target price on XPO Logistics from $80.00 to $105.00 and gave the company an “outperform” rating in a report on Wednesday, December 27th. Three research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. XPO Logistics presently has an average rating of “Buy” and an average price target of $96.20.
XPO Logistics (NYSE XPO) opened at $92.27 on Monday. The firm has a market capitalization of $11,060.00, a PE ratio of 38.29, a PEG ratio of 0.94 and a beta of 2.55. XPO Logistics has a twelve month low of $44.51 and a twelve month high of $98.37. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.24.
XPO Logistics (NYSE:XPO) last issued its earnings results on Wednesday, February 7th. The transportation company reported $0.45 earnings per share for the quarter, beating analysts’ consensus estimates of $0.43 by $0.02. The company had revenue of $4.19 billion for the quarter, compared to the consensus estimate of $3.90 billion. XPO Logistics had a return on equity of 7.66% and a net margin of 2.11%. The firm’s quarterly revenue was up 14.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.24 EPS. sell-side analysts forecast that XPO Logistics will post 3.13 earnings per share for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in the stock. Tocqueville Asset Management L.P. acquired a new position in XPO Logistics in the fourth quarter worth approximately $275,000. Amundi Pioneer Asset Management Inc. increased its holdings in XPO Logistics by 32.6% in the fourth quarter. Amundi Pioneer Asset Management Inc. now owns 267,682 shares of the transportation company’s stock worth $24,517,000 after buying an additional 65,842 shares during the last quarter. Lombard Odier Asset Management USA Corp acquired a new position in XPO Logistics in the fourth quarter worth approximately $458,000. Tiger Eye Capital LLC increased its holdings in XPO Logistics by 2.6% in the fourth quarter. Tiger Eye Capital LLC now owns 374,992 shares of the transportation company’s stock worth $34,346,000 after buying an additional 9,392 shares during the last quarter. Finally, Polaris Greystone Financial Group LLC increased its holdings in XPO Logistics by 20.9% in the fourth quarter. Polaris Greystone Financial Group LLC now owns 30,822 shares of the transportation company’s stock worth $2,823,000 after buying an additional 5,327 shares during the last quarter.
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XPO Logistics Company Profile
XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.
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