XPO Logistics (NYSE:XPO) posted its quarterly earnings data on Sunday. The transportation company reported $1.46 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.97 by $0.49, MarketWatch Earnings reports. The business had revenue of $4.77 billion during the quarter, compared to the consensus estimate of $4.33 billion. XPO Logistics had a return on equity of 9.11% and a net margin of 0.82%. XPO Logistics’s quarterly revenue was up 23.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.69 earnings per share.
NYSE XPO traded up $0.52 during trading hours on Tuesday, hitting $141.52. The company’s stock had a trading volume of 1,689,778 shares, compared to its average volume of 1,025,951. XPO Logistics has a 52 week low of $60.75 and a 52 week high of $142.70. The company has a market capitalization of $15.80 billion, a PE ratio of 171.95, a price-to-earnings-growth ratio of 11.01 and a beta of 2.33. The company has a current ratio of 1.51, a quick ratio of 1.51 and a debt-to-equity ratio of 2.68. The company’s 50-day simple moving average is $129.91 and its two-hundred day simple moving average is $117.15.
A number of brokerages have weighed in on XPO. UBS Group began coverage on XPO Logistics in a report on Tuesday, January 19th. They set a “buy” rating and a $138.00 price target for the company. JPMorgan Chase & Co. increased their price target on XPO Logistics from $135.00 to $140.00 and gave the stock an “overweight” rating in a report on Friday, February 12th. Barclays upgraded XPO Logistics from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $136.00 to $160.00 in a report on Wednesday, April 21st. Truist Securities increased their price target on XPO Logistics from $140.00 to $150.00 and gave the stock a “buy” rating in a report on Wednesday, April 21st. Finally, Susquehanna increased their price target on XPO Logistics from $144.00 to $154.00 and gave the stock a “positive” rating in a report on Monday, April 19th. Four investment analysts have rated the stock with a hold rating and twenty-one have issued a buy rating to the company. XPO Logistics presently has a consensus rating of “Buy” and a consensus price target of $140.08.
XPO Logistics Company Profile
XPO Logistics, Inc provides supply chain solutions in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, Transportation and Logistics. The Transportation segment offers less-than-truckload (LTL) services, such as density and day-definite regional, inter-regional, and transcontinental LTL freight services through a network of tractors, trailers, professional drivers, and terminals; and truck brokerage services.
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