XPO Logistics (XPO) Earns Daily News Sentiment Score of 0.23
News stories about XPO Logistics (NYSE:XPO) have been trending somewhat positive on Saturday, according to Accern. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. XPO Logistics earned a news sentiment score of 0.23 on Accern’s scale. Accern also gave headlines about the transportation company an impact score of 46.7238787165809 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern Sentiment Analysis’s rankings:
- Delivery Wars: Is Amazon a Threat To FedEx, UPS? Perhaps Not (finance.yahoo.com)
- To Understand Amazon’s Delivery Ambitions, Consider the Long Game – Bloomberg (bloomberg.com)
- Will Amazon dominate last-mile delivery? Consensus, right now, is probably not (dcvelocity.com)
- XPO Logistics to Launch New, Interactive Last Mile Technology for Consumers – Nasdaq (nasdaq.com)
- XPO Logistics Schedules Third Quarter 2017 Conference Call for Thursday, November 2, 2017 – Nasdaq (nasdaq.com)
XPO has been the topic of several research analyst reports. BidaskClub upgraded XPO Logistics from a “buy” rating to a “strong-buy” rating in a research note on Friday, June 16th. Bank of America Corporation initiated coverage on XPO Logistics in a research report on Wednesday, June 28th. They issued a “buy” rating and a $72.00 target price on the stock. KeyCorp upped their target price on XPO Logistics from $60.00 to $70.00 and gave the company an “overweight” rating in a research report on Wednesday, June 28th. Zacks Investment Research raised XPO Logistics from a “hold” rating to a “buy” rating and set a $72.00 target price on the stock in a research report on Friday, July 7th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a $78.00 target price (up previously from $65.00) on shares of XPO Logistics in a research report on Tuesday, July 11th. Three investment analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. XPO Logistics presently has an average rating of “Buy” and a consensus target price of $68.67.
Shares of XPO Logistics (NYSE XPO) opened at 66.99 on Friday. XPO Logistics has a 12 month low of $31.68 and a 12 month high of $68.15. The firm has a market cap of $7.89 billion, a P/E ratio of 76.74 and a beta of 2.37. The company’s 50-day moving average price is $61.97 and its 200-day moving average price is $57.02.
XPO Logistics (NYSE:XPO) last posted its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $0.60 EPS for the quarter, hitting analysts’ consensus estimates of $0.60. XPO Logistics had a net margin of 0.80% and a return on equity of 6.49%. The company had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same quarter in the previous year, the firm posted $0.42 EPS. XPO Logistics’s revenue was up 2.1% on a year-over-year basis. On average, analysts predict that XPO Logistics will post $1.91 EPS for the current year.
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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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