XPO Logistics (NYSE:XPO) issued its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.45 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.43 by $0.02, Briefing.com reports. XPO Logistics had a return on equity of 7.29% and a net margin of 2.11%. The company had revenue of $4.19 billion during the quarter, compared to analyst estimates of $3.90 billion. During the same quarter in the previous year, the firm earned $0.24 earnings per share. XPO Logistics’s revenue was up 14.1% on a year-over-year basis.
Shares of XPO Logistics (NYSE XPO) traded down $1.97 during mid-day trading on Thursday, reaching $91.50. The company’s stock had a trading volume of 592,196 shares, compared to its average volume of 1,551,165. The company has a quick ratio of 1.23, a current ratio of 1.20 and a debt-to-equity ratio of 1.11. XPO Logistics has a 12-month low of $44.51 and a 12-month high of $98.37. The company has a market capitalization of $11,066.24, a P/E ratio of 38.25, a P/E/G ratio of 0.95 and a beta of 2.55.
XPO has been the subject of several recent analyst reports. Citigroup cut their price objective on XPO Logistics from $110.00 to $75.00 and set a “buy” rating for the company in a report on Tuesday, December 26th. Bank of America set a $103.00 price objective on XPO Logistics and gave the stock a “buy” rating in a report on Wednesday, January 3rd. Stifel Nicolaus cut their price objective on XPO Logistics from $120.00 to $80.00 and set a “buy” rating for the company in a report on Tuesday, January 2nd. Deutsche Bank reissued a “buy” rating on shares of XPO Logistics in a report on Friday, December 22nd. Finally, Macquarie boosted their price objective on XPO Logistics from $80.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday, December 27th. Two analysts have rated the stock with a hold rating, eighteen have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $96.20.
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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