XPO Logistics, Inc. (NYSE:XPO) – Stock analysts at Oppenheimer Holdings upped their FY2017 earnings per share estimates for XPO Logistics in a research note issued on Monday. Oppenheimer Holdings analyst S. Schneeberger now expects that the transportation company will post earnings of $1.93 per share for the year, up from their prior estimate of $1.86. Oppenheimer Holdings currently has a “Buy” rating and a $77.00 target price on the stock. Oppenheimer Holdings also issued estimates for XPO Logistics’ Q4 2017 earnings at $0.43 EPS, Q1 2018 earnings at $0.40 EPS, Q2 2018 earnings at $0.85 EPS, Q3 2018 earnings at $0.82 EPS, Q4 2018 earnings at $0.71 EPS and FY2018 earnings at $2.78 EPS.

Other equities research analysts also recently issued reports about the company. Cowen and Company restated a “buy” rating and issued a $69.00 target price on shares of XPO Logistics in a research report on Thursday, September 7th. Stifel Nicolaus set a $77.00 target price on XPO Logistics and gave the stock a “buy” rating in a research report on Wednesday, August 23rd. BidaskClub downgraded XPO Logistics from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. KeyCorp restated a “buy” rating and issued a $75.00 target price on shares of XPO Logistics in a research report on Thursday, October 12th. Finally, Deutsche Bank AG restated a “buy” rating and issued a $110.00 target price on shares of XPO Logistics in a research report on Friday. Three analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $73.81.

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Shares of XPO Logistics (NYSE XPO) opened at $73.83 on Tuesday. The stock has a market capitalization of $8,760.70, a price-to-earnings ratio of 42.34, a P/E/G ratio of 1.06 and a beta of 2.47. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.19 and a quick ratio of 1.19.

XPO Logistics (NYSE:XPO) last released its earnings results on Wednesday, November 1st. The transportation company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.57 by $0.02. The firm had revenue of $3.89 billion during the quarter, compared to the consensus estimate of $3.79 billion. XPO Logistics had a return on equity of 7.34% and a net margin of 1.11%. The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.41 earnings per share.

Large investors have recently made changes to their positions in the business. IHT Wealth Management LLC acquired a new stake in XPO Logistics during the 2nd quarter valued at $1,147,000. K.J. Harrison & Partners Inc acquired a new stake in XPO Logistics during the 3rd quarter valued at $847,000. Advisors Asset Management Inc. raised its stake in XPO Logistics by 18.4% during the 2nd quarter. Advisors Asset Management Inc. now owns 2,992 shares of the transportation company’s stock valued at $193,000 after purchasing an additional 466 shares during the period. Argent Trust Co acquired a new stake in XPO Logistics during the 2nd quarter valued at $205,000. Finally, Boston Advisors LLC acquired a new stake in XPO Logistics during the 2nd quarter valued at $212,000. 91.22% of the stock is currently owned by institutional investors.

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.

Earnings History and Estimates for XPO Logistics (NYSE:XPO)

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