Press coverage about XPO Logistics (NYSE:XPO) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. XPO Logistics earned a news sentiment score of 0.21 on Accern’s scale. Accern also gave news articles about the transportation company an impact score of 46.9458787203536 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the news articles that may have impacted Accern Sentiment’s analysis:
- Brokerages Expect XPO Logistics, Inc. (XPO) to Announce $0.44 EPS (americanbankingnews.com)
- XPO Logistics Honors Driver Robert Roush for 32 Accident-Free Years – Nasdaq (nasdaq.com)
- XPO Logistics: Inside the Rise in Its Logistics Segment’s 3Q17 Revenues (finance.yahoo.com)
- XPO Logistics: What Led the Rise in Its 3Q17 Earnings? (finance.yahoo.com)
- Why a Majority of Analysts Recommend a ‘Buy’ for XPO Logistics (finance.yahoo.com)
XPO has been the subject of several recent analyst reports. J P Morgan Chase & Co increased their price target on shares of XPO Logistics from $74.00 to $84.00 and gave the company an “overweight” rating in a research note on Thursday, October 12th. BidaskClub cut shares of XPO Logistics from a “buy” rating to a “hold” rating in a research note on Monday, July 31st. KeyCorp reiterated a “buy” rating and issued a $75.00 target price on shares of XPO Logistics in a report on Thursday, October 12th. Goldman Sachs Group, Inc. (The) started coverage on shares of XPO Logistics in a report on Monday. They set a “buy” rating and a $90.00 price objective on the stock. Finally, Cowen and Company raised their price objective on shares of XPO Logistics from $69.00 to $85.00 and gave the stock a “strong-buy” rating in a report on Friday, November 3rd. Three research analysts have rated the stock with a hold rating, seventeen have given a buy rating and one has given a strong buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $75.17.
Shares of XPO Logistics (NYSE XPO) opened at $73.22 on Wednesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.23 and a quick ratio of 1.23. XPO Logistics has a 12 month low of $40.87 and a 12 month high of $74.87. The company has a market cap of $8,688.24, a price-to-earnings ratio of 41.90, a PEG ratio of 1.04 and a beta of 2.47.
XPO Logistics (NYSE:XPO) last issued its earnings results on Wednesday, November 1st. The transportation company reported $0.59 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.57 by $0.02. XPO Logistics had a net margin of 1.11% and a return on equity of 7.01%. The business had revenue of $3.89 billion for the quarter, compared to analyst estimates of $3.79 billion. During the same period in the prior year, the firm earned $0.41 earnings per share. XPO Logistics’s revenue was up 4.7% on a year-over-year basis. sell-side analysts anticipate that XPO Logistics will post 1.92 earnings per share for the current year.
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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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