XPO Logistics (XPO) Earning Somewhat Critical Press Coverage, Report Shows
News coverage about XPO Logistics (NYSE:XPO) has been trending somewhat negative on Tuesday, Alpha One Sentiment Analysis reports. Alpha One, a service of Accern, identifies positive and negative press coverage by analyzing more than 20 million blog and news sources. Alpha One ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. XPO Logistics earned a media sentiment score of -0.07 on Alpha One’s scale. Alpha One also assigned media stories about the transportation company an impact score of 31 out of 100, meaning that recent press coverage is unlikely to have an effect on the company’s share price in the next few days.
Here are some of the media stories that may have effected Alpha One’s rankings:
- XPO Logistics Inc (XPO) Price Lingering Above the Cloud – Evergreen Caller (evergreencaller.com)
- XPO Logistics, Inc. (XPO) has a value of $61.52 per share While Barnes & Noble, Inc. (BKS) is stand at $6.80 – Stocks Gallery (stocksgallery.com)
- XPO Logistics : Dave Cooper Safety Award Winner (4-traders.com)
- Air Transport Services Group (ATSG) and XPO Logistics (XPO) Head-To-Head Review (americanbankingnews.com)
- XPO Logistics Looking at Merger Targets Again – Wall Street Journal (subscription) (wsj.com)
XPO Logistics (NYSE XPO) opened at 63.02 on Tuesday. The company’s 50-day moving average price is $55.37 and its 200 day moving average price is $49.16. XPO Logistics has a 52-week low of $22.23 and a 52-week high of $63.25. The firm has a market capitalization of $7.04 billion, a price-to-earnings ratio of 74.32 and a beta of 2.25.
XPO Logistics (NYSE:XPO) last posted its quarterly earnings results on Wednesday, May 3rd. The transportation company reported $0.30 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.16 by $0.14. XPO Logistics had a return on equity of 5.63% and a net margin of 0.76%. The business had revenue of $3.54 billion for the quarter, compared to analyst estimates of $3.55 billion. Equities analysts predict that XPO Logistics will post $1.97 earnings per share for the current fiscal year.
Several analysts have recently weighed in on the company. BidaskClub upgraded XPO Logistics from a “buy” rating to a “strong-buy” rating in a report on Friday. Deutsche Bank AG restated a “buy” rating and issued a $75.00 price objective on shares of XPO Logistics in a report on Monday, June 5th. Cowen and Company restated an “outperform” rating and issued a $60.00 price objective on shares of XPO Logistics in a report on Monday, May 22nd. CIBC upped their price objective on XPO Logistics from $58.00 to $63.00 and gave the company an “outperform” rating in a report on Monday, May 15th. Finally, Stifel Nicolaus upped their price objective on XPO Logistics from $60.00 to $65.00 and gave the company a “buy” rating in a report on Monday, May 15th. Two research analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and one has assigned a strong buy rating to the stock. XPO Logistics has a consensus rating of “Buy” and an average price target of $61.14.
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About XPO Logistics
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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