Taking into account all relevant factors, XPO Logistics, Inc. (NYSE:XPO) scores 88% Buy on the technical side. The share price is also flashing a Buy from the Barchart TrendSpotter trading system. Investors starting out on a short-term path of investing should know that short terms indicators for XPO averaged 50% Buy with an average daily trading volume over the past 20 days at 870188 shares. Those using medium-term investment strategies, the shares have overall a 1% Buy signal while the 50-day average daily volume remained almost 737917 shares. It’s also important to note that the stock, whose average daily volume over the 100 days as of this piece was 810480 shares, is signaling100% Buy for long term investors.
The stock is lingering around the initial support level of $81.43. After this, the following support is at the zone of $80.05. Up until the time the XPO stock hit levels beyond the current one, bulls should have no alarm. In terms of its momentum, the stock’s RSI hit 77.48 on the daily chart, and this may be a cause for concern. In case the price goes below $80.05 level on closing basis, there may be more profit booking with the stock growing weaker. Still, getting to the $83.84 level may cause a pull-back move approaching $84.87 mark.
XPO Logistics, Inc. (XPO) is most likely going to rise -1.54 percent in the coming 12 months, as per price target approximations compiled by finviz. Nevertheless, they have set the price target at a $107 as 12-month high price target. This represents a whopping 14.44 percent increase from the current trading price of shares. The 52-week median price target given by the analysts is $94, which means a return possibility of 0.53 percent in comparison with the closing price of the stock of $93.5 in recent trading session. The lowest price set for the stock is $78 which is just above -16.58 percent from XPO share’s price at the end of session.
Let’s take a glimpse at some insider activity at XPO Logistics, Inc. (NYSE:XPO) and observe the pattern. The earliest insider trade happened on 11/18/2019. SPRUCE HOUSE PARTNERSHIP LP parted with a total of 652.9 thousand shares of the firm at average share price of $84.12. The total amount for the sale was set at $54.92 million. On completing this exchange, the 10% Owner account balance was 11.85 million shares. The stock grew 11.2 percent from that insider sale. On 11/13/2019, SPRUCE HOUSE PARTNERSHIP LP, 10% Owner, did a sale of 247.1 thousand shares at a price of $85.25 per share. This got rid of 21.07 million shares from the insider’s fortune and the stock experienced a 9.72 percent rally in price since the news became public. This exchange saw 12.5 million shares get out from the 10% Owner account. On 09/10/2019, Director Papastavrou Jason D recorded a sale transaction valued at $103.7 thousand. The sale at $75.42 a share has eliminated 1.38 thousand shares from the insider’s portfolio position. Meanwhile, shares price witnessed 24.03 percent increase since the transaction reporting date. The company insider is left with 13.88 thousand shares remaining in the account. Papastavrou Jason D, who works as Director at the company, performed a purchase of 1.38 thousand shares in a transaction worth $103.7 thousand. The acquisition recorded on 09/10/2019 was priced at $75.42 per share. The stock price soared 24.03 percent since the transaction. Papastavrou Jason D currently holds a stake of 13.88 thousand in XPO stock which is worth $1.3 million after the insider buying.
In the recent trading session, XPO Logistics, Inc. (NYSE:XPO) shares gained 12.9% or 10.68 points to reach at $93.5 with a heavy trading volume of 3.567 million shares. It opened the trading session at $81.54, the shares rose to $83.48 and dropped to $81.07, the range by which the price of stock traded the whole session. The company now has a market cap of $7.71 billion and currently has 93.08 million outstanding shares. XPO Logistics, Inc. (XPO) stock has plunged -0.59 percent of market value in 21 trading days.
Stock analysts at BofA/Merrill cut their rating on shares of XPO Logistics, Inc. (NYSE:XPO) from Buy to a new rating of Neutral in their opinion released on October 30. Loop Capital analysts have downgraded their rating of XPO shares from Buy to Hold in a separate flash note to investors on August 05. Analysts at Cowen are sticking to their Outperform recommendation for the stock. However, on August 02, they lifted target price to $92 from the prior target set at $84. Analysts at Cowen, made their first call for this company shares with a Outperform rating, according to a research note that dated back to August 02.
XPO stock’s trailing 3-year beta is 2.46, meaning there will be a greater rate of return, although posing a higher risk. The part of a firm’s profit given to each outstanding share of regular stock was $3.34 share in the trailing 52 weeks. The stock’s value surged 3.91 percent year to date (YTD) compared to a rise of 37.32 percent in 52 week’s period. The firm’s shares are still trading 8.13 percent below its 1-year high of $86.47 and 104.46 percent up from 52-week low of $45.73. The average consensus ranking on the company is 2.1, on a ranging where 5 is equal to a consensus sell rating. In other words, the mean analyst recommendations are ranking this stock as a sell.
XPO Logistics, Inc. (XPO) shares are trading at a P/E ratio of 23.94 times earnings posted in the trailing 12 months. The industry XPO deals with has an average P/E of 23.33. Its P/B ratio is standing at 2.36X compared to the 3.47 industry average. It is additionally sporting a 0.39 on the Price-to-Sales ratio, compared to the industry’s P/S average of 0.61. XPO Logistics, Inc. has a 49.5% gross profit margin, with its operating margin around 4.4%. Alongside this, the company’s net profit margin currently stands at 2.2%.
Past records have indicated that shares in XPO Logistics, Inc. rose on 22 different earnings reaction days and we have yet to see whether this trend will play out and remain in place when the company reports upcoming earnings. Investors will get the next hint of XPO’s Q4 earnings on February 18. Analysts are predicting revenue to suffer decline of -3.3 percent to $4.24B in the financial fourth quarter, while EPS will soar by about 44.44 percent to $1.04 per share. In the last quarter, it’s earnings of $1.18 per share came better than the $1.04406, adjusted, expected by Thomson Reuters consensus estimate. Revenue for the quarter was $4.39B, missing the $4.56B analysts had expected. Earnings are seen to rise by 164.1 percent this year, 15.21 percent in the coming year and the trend continues by 25.57 percent every year in the next 5 years.