XPO Logistics (XPO) Given Coverage Optimism Rating of 0.24
Media stories about XPO Logistics (NYSE:XPO) have been trending somewhat positive on Friday, Accern Sentiment Analysis reports. Accern scores the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. XPO Logistics earned a news sentiment score of 0.24 on Accern’s scale. Accern also gave media stories about the transportation company an impact score of 47.3928603703298 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the media stories that may have effected Accern Sentiment’s analysis:
- Oversold Conditions For XPO Logistics (XPO) (nasdaq.com)
- YRC Worldwide: Analyst’s Opinions after 2Q17 Earnings (finance.yahoo.com)
- Why Analysts Are Recommending a ‘Buy’ for XPO Logistics (finance.yahoo.com)
- Q3 2017 Earnings Estimate for XPO Logistics, Inc. (XPO) Issued By Oppenheimer Holdings (americanbankingnews.com)
- XPO Logistics, Inc. (NYSE:XPO) Expected to Post Earnings of $0.59 Per Share (americanbankingnews.com)
XPO Logistics (NYSE:XPO) traded up 1.16% during trading on Friday, reaching $55.63. 1,712,815 shares of the company’s stock were exchanged. XPO Logistics has a 1-year low of $31.68 and a 1-year high of $65.44. The company has a market capitalization of $6.55 billion, a PE ratio of 63.72 and a beta of 2.31. The company’s 50-day moving average is $60.94 and its 200-day moving average is $53.43.
XPO Logistics (NYSE:XPO) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $0.60 earnings per share (EPS) for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.60. XPO Logistics had a net margin of 0.80% and a return on equity of 6.49%. The firm had revenue of $3.76 billion for the quarter, compared to analyst estimates of $3.76 billion. During the same period in the prior year, the firm posted $0.42 earnings per share. The company’s quarterly revenue was up 2.1% compared to the same quarter last year. Equities research analysts expect that XPO Logistics will post $1.92 earnings per share for the current fiscal year.
A number of analysts recently weighed in on the stock. William Blair reaffirmed an “outperform” rating on shares of XPO Logistics in a research report on Monday. BidaskClub cut shares of XPO Logistics from a “buy” rating to a “hold” rating in a research report on Monday, July 31st. Morgan Stanley reaffirmed an “overweight” rating and set a $75.00 price target (up from $60.00) on shares of XPO Logistics in a research report on Tuesday, July 25th. Stifel Nicolaus reaffirmed a “buy” rating and set a $77.00 price target (down from $78.00) on shares of XPO Logistics in a research report on Friday, July 21st. Finally, Zacks Investment Research cut shares of XPO Logistics from a “buy” rating to a “hold” rating in a research report on Thursday, July 13th. Three equities research analysts have rated the stock with a hold rating and sixteen have given a buy rating to the stock. XPO Logistics presently has a consensus rating of “Buy” and a consensus price target of $66.73.
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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