XPO Logistics Inc (NYSE:XPO) shares reached a new 52-week low during mid-day trading on Thursday . The company traded as low as $68.55 and last traded at $71.45, with a volume of 81272 shares trading hands. The stock had previously closed at $71.91.

A number of research analysts have issued reports on the stock. Stifel Nicolaus upped their target price on shares of XPO Logistics from $118.00 to $126.00 and gave the company a “hold” rating in a research report on Tuesday, September 11th. Jefferies Financial Group assumed coverage on shares of XPO Logistics in a research report on Wednesday, October 3rd. They set a “buy” rating and a $145.00 target price on the stock. JPMorgan Chase & Co. cut their target price on shares of XPO Logistics from $140.00 to $130.00 and set an “overweight” rating on the stock in a research report on Friday, November 2nd. KeyCorp cut their target price on shares of XPO Logistics from $115.00 to $110.00 and set an “overweight” rating on the stock in a research report on Friday, November 2nd. Finally, Cowen cut their target price on shares of XPO Logistics from $121.00 to $112.00 and set an “outperform” rating on the stock in a research report on Friday, November 2nd. One analyst has rated the stock with a sell rating, two have issued a hold rating, fourteen have given a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $117.40.

The company has a current ratio of 1.28, a quick ratio of 1.28 and a debt-to-equity ratio of 0.88. The stock has a market cap of $9.04 billion, a PE ratio of 34.08, a PEG ratio of 0.56 and a beta of 2.49.

XPO Logistics (NYSE:XPO) last announced its quarterly earnings results on Wednesday, October 31st. The transportation company reported $0.89 earnings per share for the quarter, missing analysts’ consensus estimates of $0.98 by ($0.09). The firm had revenue of $4.34 billion during the quarter, compared to analyst estimates of $4.40 billion. XPO Logistics had a net margin of 3.04% and a return on equity of 9.70%. The business’s revenue was up 11.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.59 earnings per share. On average, equities research analysts forecast that XPO Logistics Inc will post 3.33 EPS for the current year.

Large investors have recently made changes to their positions in the stock. World Asset Management Inc raised its holdings in XPO Logistics by 13.3% during the 3rd quarter. World Asset Management Inc now owns 4,488 shares of the transportation company’s stock worth $512,000 after buying an additional 526 shares during the period. CIBC Asset Management Inc raised its holdings in XPO Logistics by 12.2% during the 2nd quarter. CIBC Asset Management Inc now owns 4,898 shares of the transportation company’s stock worth $491,000 after buying an additional 532 shares during the period. Flagship Harbor Advisors LLC raised its holdings in XPO Logistics by 5.5% during the 2nd quarter. Flagship Harbor Advisors LLC now owns 11,301 shares of the transportation company’s stock worth $1,132,000 after buying an additional 593 shares during the period. Fairfield Bush & CO. raised its holdings in XPO Logistics by 3.9% during the 2nd quarter. Fairfield Bush & CO. now owns 15,920 shares of the transportation company’s stock worth $1,595,000 after buying an additional 595 shares during the period. Finally, Macguire Cheswick & Tuttle Investment Counsel LLC raised its holdings in XPO Logistics by 0.8% during the 3rd quarter. Macguire Cheswick & Tuttle Investment Counsel LLC now owns 74,250 shares of the transportation company’s stock worth $8,477,000 after buying an additional 600 shares during the period. Institutional investors and hedge funds own 94.08% of the company’s stock.

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About XPO Logistics (NYSE:XPO)

XPO Logistics, Inc provides transportation and logistics services in the United States, North America, France, the United Kingdom, Spain, Europe, Asia, 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; and logistics services for domestic, cross-border, and international shipments.

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