XPO Logistics (NYSE:XPO) posted its quarterly earnings results on Thursday. The transportation company reported ($0.63) EPS for the quarter, topping the consensus estimate of ($0.75) by $0.12, MarketWatch Earnings reports. The company had revenue of $3.50 billion during the quarter, compared to analysts’ expectations of $3.36 billion. XPO Logistics had a net margin of 0.82% and a return on equity of 8.93%.
XPO Logistics stock traded down $11.60 during trading hours on Friday, reaching $75.02. 7,341,149 shares of the stock were exchanged, compared to its average volume of 1,016,936. The stock has a market cap of $6.84 billion, a P/E ratio of 35.06, a P/E/G ratio of 8.78 and a beta of 2.53. The company has a debt-to-equity ratio of 2.77, a quick ratio of 1.18 and a current ratio of 1.18. XPO Logistics has a 52-week low of $38.47 and a 52-week high of $100.18. The firm’s 50 day moving average is $78.37 and its 200 day moving average is $74.23.
Several analysts have recently weighed in on the stock. Susquehanna Bancshares reduced their price objective on shares of XPO Logistics from $118.00 to $110.00 in a research report on Monday, May 4th. Credit Suisse Group reduced their price objective on shares of XPO Logistics from $78.00 to $75.00 and set an “outperform” rating for the company in a research report on Wednesday, May 6th. ValuEngine upgraded shares of XPO Logistics from a “sell” rating to a “hold” rating in a research report on Wednesday, April 8th. JPMorgan Chase & Co. reduced their price objective on shares of XPO Logistics from $84.00 to $82.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Finally, Stephens restated a “hold” rating and set a $65.00 price objective on shares of XPO Logistics in a research report on Friday, April 24th. One investment analyst has rated the stock with a sell rating, four have given a hold rating and twelve have given a buy rating to the company’s stock. XPO Logistics currently has an average rating of “Buy” and an average target price of $84.06.
XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Europe, and internationally. The company's Transportation segment offers freight brokerage services comprising truck brokerage, intermodal, drayage, and expedite services; last mile services, primarily asset-light; density and day-definite regional, inter-regional, and transcontinental less-than-truckload freight services; full truckload services for transactional transportation of packaged goods, high cube products, and bulk goods; logistics services for domestic, cross-border, and international shipments; and managed transportation services.
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