Many XPO Logistics, Inc.(XPO) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. XPO Logistics Inc was Initiated by Seaport Global Securities on Feb 7, 2017 to Buy, Price Target of the shares are set at $60.XPO Logistics Inc was Initiated by Susquehanna to Positive on Dec 20, 2016.
Company has reported several Insider transactions to the SEC, on Jul 15, 2016, Sector Pension Investme Public (10% owner) sold 4,000,000 shares at 26.20 per share price.
XPO Logistics Inc Last issued its quarterly earnings results on Nov 2, 2016. The company reported $0.41 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.37. The company had revenue of $3713.80 million for the quarter, compared to analysts expectations of $3785.87 million. The companys revenue was up 57.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.15 EPS.
XPO Logistics, Inc. (NYSE:XPO) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 1.39 by 14 Brokerage Firm. 11 Wall Street Firms have rated the stock as a strong buys. 2 stock experts have also suggested a buy rating. 1 Analysts have rated it as strong sell.
XPO Logistics, Inc. (NYSE:XPO): The mean estimate for the short term price target for XPO Logistics, Inc. (NYSE:XPO) stands at $51.08 according to 12 Analysts. The higher price target estimate for the stock has been calculated at $66 while the lower price target estimate is at $18.
XPO Logistics, Inc. (NYSE:XPO) rose 2.61% or 1.25 points on Tuesday and made its way into the gainers of the day. After trading began at $48.22 the stock was seen hitting $49.79 as a peak level and $48.15 as the lowest level. The stock ended up at $49.06. The daily volume was measured at 1,956,906 shares. The 52-week high of the share price is $49.86 and the 52-week low is $22.23. The company has a market cap of $5,439 million.
XPO Logistics, Inc. is a third-party logistics provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations. XPOs suite of logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and truckload brokerage services through Bounce Logistics, Inc. XPO Logistics, Inc., formerly known as Express-1 Expedited Solutions, Inc., is based in Buchanan, Michigan.