XPO Logistics (XPO) Given Daily News Impact Score of 0.17

Media coverage about XPO Logistics (NYSE:XPO) has been trending somewhat positive recently, Accern reports. Accern rates the sentiment of news coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. XPO Logistics earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 46.2143712924834 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

Here are some of the news articles that may have impacted Accern’s analysis:

A number of brokerages have recently issued reports on XPO. Zacks Investment Research upgraded shares of XPO Logistics from a “hold” rating to a “buy” rating and set a $72.00 price target on the stock in a research report on Friday, July 7th. Stifel Nicolaus restated a “buy” rating and issued a $78.00 price target (up previously from $65.00) on shares of XPO Logistics in a research report on Tuesday, July 11th. BidaskClub downgraded shares of XPO Logistics from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 24th. KeyCorp boosted their price target on shares of XPO Logistics from $60.00 to $70.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 28th. Finally, Morgan Stanley restated an “overweight” rating and issued a $75.00 price target (up previously from $60.00) on shares of XPO Logistics in a research report on Tuesday, July 25th. Three research analysts have rated the stock with a hold rating and sixteen have issued a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average price target of $67.33.

XPO Logistics (NYSE:XPO) opened at 61.34 on Tuesday. The company’s 50 day moving average is $58.83 and its 200-day moving average is $55.60. XPO Logistics has a 52-week low of $31.68 and a 52-week high of $65.44. The firm has a market cap of $7.23 billion, a P/E ratio of 70.26 and a beta of 2.28.

XPO Logistics (NYSE:XPO) last issued its quarterly earnings results on Wednesday, August 2nd. The transportation company reported $0.60 EPS for the quarter, meeting analysts’ consensus estimates of $0.60. XPO Logistics had a net margin of 0.80% and a return on equity of 6.49%. The business had revenue of $3.76 billion for the quarter, compared to analysts’ expectations of $3.76 billion. During the same period last year, the business earned $0.42 earnings per share. The business’s quarterly revenue was up 2.1% on a year-over-year basis. On average, equities analysts predict that XPO Logistics will post $1.91 EPS for the current fiscal year.

TRADEMARK VIOLATION NOTICE: “XPO Logistics (XPO) Given Daily News Impact Score of 0.17” was reported by Transcript Daily and is owned by of Transcript Daily. If you are reading this piece of content on another website, it was illegally copied and republished in violation of United States and international trademark & copyright laws. The original version of this piece of content can be accessed at https://transcriptdaily.com/2017/09/19/xpo-logistics-xpo-given-daily-news-impact-score-of-0-17.html.

XPO Logistics Company Profile

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.

Insider Buying and Selling by Quarter for XPO Logistics (NYSE:XPO)

Receive News & Ratings for XPO Logistics Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for XPO Logistics Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply