XPO Logistics (NYSE:XPO) posted its quarterly earnings results on Thursday. The transportation company reported ($0.63) earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of ($0.75) by $0.12, MarketWatch Earnings reports. The business 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 stock traded down $11.60 during midday trading on Friday, hitting $75.02. 7,341,149 shares of the stock traded hands, compared to its average volume of 1,016,936. The firm has a market cap of $6.84 billion, a P/E ratio of 35.06, a PEG ratio of 8.78 and a beta of 2.53. The company has a debt-to-equity ratio of 2.77, a current ratio of 1.18 and a quick ratio of 1.18. The stock’s fifty day simple moving average is $78.37 and its 200-day simple moving average is $74.23. XPO Logistics has a 1-year low of $38.47 and a 1-year high of $100.18.
A number of research analysts have issued reports on XPO shares. Susquehanna Bancshares decreased their price target on shares of XPO Logistics from $118.00 to $110.00 in a report on Monday, May 4th. Loop Capital raised their price target on shares of XPO Logistics from $70.00 to $77.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Zacks Investment Research cut shares of XPO Logistics from a “hold” rating to a “sell” rating in a report on Saturday, July 18th. Bank of America reaffirmed a “buy” rating and issued a $94.00 price target on shares of XPO Logistics in a report on Tuesday, June 9th. Finally, ValuEngine raised shares of XPO Logistics from a “sell” rating to a “hold” rating in a report on Wednesday, April 8th. One 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. The company has an average rating of “Buy” and a consensus 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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