XPO Logistics Inc (NYSE:XPO) – SunTrust Banks raised their Q4 2019 earnings estimates for XPO Logistics in a report released on Monday, July 8th. SunTrust Banks analyst S. Benjamin now expects that the transportation company will earn $1.12 per share for the quarter, up from their previous estimate of $1.09. SunTrust Banks also issued estimates for XPO Logistics’ Q4 2020 earnings at $1.41 EPS.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings data on Wednesday, May 1st. The transportation company reported $0.51 EPS for the quarter, beating the Zacks’ consensus estimate of $0.41 by $0.10. The business had revenue of $4.12 billion for the quarter, compared to analyst estimates of $4.25 billion. XPO Logistics had a return on equity of 11.26% and a net margin of 2.30%. The firm’s revenue for the quarter was down 1.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.61 EPS.

A number of other brokerages have also commented on XPO. Cowen set a $150.00 price objective on Tesla and gave the company a “sell” rating in a report on Friday, May 3rd. Morgan Stanley set a $36.00 price objective on ArcBest and gave the company a “hold” rating in a report on Monday. Goldman Sachs Group lowered EXPERIAN PLC/ADR from a “buy” rating to a “neutral” rating in a report on Wednesday. Zacks Investment Research lowered Zynerba Pharmaceuticals from a “buy” rating to a “hold” rating in a report on Saturday, May 11th. Finally, ValuEngine raised XPO Logistics from a “strong sell” rating to a “sell” rating in a report on Thursday, April 4th. Two analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of $82.80.

Shares of NYSE XPO opened at $55.02 on Wednesday. The company has a debt-to-equity ratio of 1.92, a quick ratio of 1.07 and a current ratio of 1.07. The firm has a market cap of $5.06 billion, a price-to-earnings ratio of 17.25, a price-to-earnings-growth ratio of 0.54 and a beta of 2.35. The firm’s 50-day moving average is $54.95. XPO Logistics has a 52 week low of $41.05 and a 52 week high of $116.27.

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Marshall Wace North America L.P. grew its holdings in XPO Logistics by 492.8% in the 1st quarter. Marshall Wace North America L.P. now owns 101,784 shares of the transportation company’s stock valued at $5,470,000 after buying an additional 84,615 shares during the last quarter. Metropolitan Life Insurance Co NY lifted its position in shares of XPO Logistics by 294.4% in the 1st quarter. Metropolitan Life Insurance Co NY now owns 38,003 shares of the transportation company’s stock worth $2,042,000 after acquiring an additional 28,368 shares during the period. Palmer Knight Co lifted its position in shares of XPO Logistics by 62.5% in the 1st quarter. Palmer Knight Co now owns 76,992 shares of the transportation company’s stock worth $4,138,000 after acquiring an additional 29,604 shares during the period. Nuveen Asset Management LLC lifted its position in shares of XPO Logistics by 56.4% in the 4th quarter. Nuveen Asset Management LLC now owns 220,730 shares of the transportation company’s stock worth $12,590,000 after acquiring an additional 79,602 shares during the period. Finally, Two Sigma Advisers LP bought a new stake in shares of XPO Logistics in the 4th quarter worth approximately $12,143,000. 88.25% of the stock is currently owned by hedge funds and other institutional investors.

XPO Logistics Company Profile

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

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

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