XPO Logistics Inc (NYSE:XPO) has been assigned an average rating of “Buy” from the twenty analysts that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price objective among analysts that have issued a report on the stock in the last year is $113.88.

Several equities research analysts have recently commented on XPO shares. Jefferies Financial Group started coverage on XPO Logistics in a research note on Wednesday, October 3rd. They set a “buy” rating and a $145.00 price target on the stock. Deutsche Bank reaffirmed a “buy” rating and issued a $142.00 target price (up previously from $133.00) on shares of XPO Logistics in a research note on Thursday, August 2nd. R. F. Lafferty assumed coverage on XPO Logistics in a research note on Tuesday, July 10th. They issued a “buy” rating and a $125.00 target price on the stock. ValuEngine lowered XPO Logistics from a “strong-buy” rating to a “buy” rating in a research note on Friday, June 29th. Finally, Stifel Nicolaus assumed coverage on XPO Logistics in a research note on Tuesday, June 19th. They issued a “hold” rating and a $118.00 target price on the stock.

NYSE XPO traded down $3.66 on Friday, hitting $99.93. 57,966 shares of the company’s stock were exchanged, compared to its average volume of 1,417,286. The company has a current ratio of 1.26, a quick ratio of 1.26 and a debt-to-equity ratio of 1.07. XPO Logistics has a fifty-two week low of $63.28 and a fifty-two week high of $116.27. The stock has a market capitalization of $14.48 billion, a price-to-earnings ratio of 52.31, a PEG ratio of 0.85 and a beta of 2.32.

XPO Logistics (NYSE:XPO) last released its earnings results on Wednesday, August 1st. The transportation company reported $0.98 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.97 by $0.01. The company had revenue of $4.36 billion for the quarter, compared to analysts’ expectations of $4.29 billion. XPO Logistics had a return on equity of 9.12% and a net margin of 2.84%. The firm’s quarterly revenue was up 16.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.60 EPS. Equities analysts forecast that XPO Logistics will post 3.49 earnings per share for the current fiscal year.

A number of institutional investors and hedge funds have recently modified their holdings of XPO. World Asset Management Inc boosted its position in shares of XPO Logistics by 13.3% during the 3rd quarter. World Asset Management Inc now owns 4,488 shares of the transportation company’s stock valued at $512,000 after acquiring an additional 526 shares in the last quarter. CIBC Asset Management Inc boosted its position in XPO Logistics by 12.2% in the second quarter. CIBC Asset Management Inc now owns 4,898 shares of the transportation company’s stock valued at $491,000 after buying an additional 532 shares in the last quarter. Atria Investments LLC boosted its position in XPO Logistics by 23.2% in the second quarter. Atria Investments LLC now owns 3,111 shares of the transportation company’s stock valued at $312,000 after buying an additional 586 shares in the last quarter. Flagship Harbor Advisors LLC boosted its position in XPO Logistics by 5.5% in the second quarter. Flagship Harbor Advisors LLC now owns 11,301 shares of the transportation company’s stock valued at $1,132,000 after buying an additional 593 shares in the last quarter. Finally, Fairfield Bush & CO. boosted its position in XPO Logistics by 3.9% in the second quarter. Fairfield Bush & CO. now owns 15,920 shares of the transportation company’s stock valued at $1,595,000 after buying an additional 595 shares in the last quarter. Institutional investors own 92.92% of the company’s stock.

About XPO Logistics

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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Analyst Recommendations for XPO Logistics (NYSE:XPO)

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