Equities analysts expect that XPO Logistics, Inc. (NYSE:XPO) will announce $1.61 earnings per share for the current quarter, according to Zacks. Six analysts have issued estimates for XPO Logistics’ earnings, with estimates ranging from $1.36 to $1.73. XPO Logistics posted earnings of ($0.63) per share in the same quarter last year, which would indicate a positive year-over-year growth rate of 355.6%. The firm is scheduled to issue its next quarterly earnings results on Thursday, July 29th.
According to Zacks, analysts expect that XPO Logistics will report full-year earnings of $6.19 per share for the current year, with EPS estimates ranging from $5.25 to $6.40. For the next year, analysts expect that the company will report earnings of $7.03 per share, with EPS estimates ranging from $6.18 to $7.70. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that cover XPO Logistics.
XPO Logistics (NYSE:XPO) last issued its quarterly earnings data on Sunday, May 2nd. The transportation company reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $0.97 by $0.49. The firm had revenue of $4.77 billion during the quarter, compared to analyst estimates of $4.33 billion. XPO Logistics had a return on equity of 12.79% and a net margin of 1.17%. The company’s revenue for the quarter was up 23.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.69 EPS.
Shares of NYSE:XPO traded up $2.76 during midday trading on Friday, reaching $148.30. The company had a trading volume of 10,478 shares, compared to its average volume of 968,528. The stock has a market capitalization of $16.57 billion, a PE ratio of 111.10, a P/E/G ratio of 1.93 and a beta of 2.18. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.02 and a current ratio of 1.02. XPO Logistics has a 52-week low of $71.69 and a 52-week high of $151.22. The stock has a 50 day simple moving average of $139.84.
In other news, CEO S Jacobs Bradley sold 56,666 shares of the stock in a transaction that occurred on Tuesday, March 23rd. The stock was sold at an average price of $118.16, for a total value of $6,695,654.56. Following the completion of the transaction, the chief executive officer now owns 387,416 shares of the company’s stock, valued at approximately $45,777,074.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Jacobs Private Equity, Llc sold 84,260 shares of the business’s stock in a transaction on Thursday, June 10th. The shares were sold at an average price of $144.53, for a total transaction of $12,178,097.80. Following the sale, the director now owns 18,208,301 shares in the company, valued at approximately $2,631,645,743.53. The disclosure for this sale can be found here. Over the last three months, insiders have sold 705,818 shares of company stock worth $95,520,532. Insiders own 17.80% of the company’s stock.
A number of institutional investors have recently added to or reduced their stakes in XPO. BlackRock Inc. raised its position in shares of XPO Logistics by 12.9% in the 1st quarter. BlackRock Inc. now owns 9,405,154 shares of the transportation company’s stock worth $1,159,655,000 after purchasing an additional 1,077,220 shares during the last quarter. Clearbridge Investments LLC raised its holdings in XPO Logistics by 1.0% in the first quarter. Clearbridge Investments LLC now owns 1,806,787 shares of the transportation company’s stock worth $222,777,000 after buying an additional 18,334 shares during the last quarter. Fred Alger Management LLC grew its holdings in shares of XPO Logistics by 9.8% during the first quarter. Fred Alger Management LLC now owns 1,750,069 shares of the transportation company’s stock valued at $215,784,000 after buying an additional 155,699 shares during the last quarter. Federated Hermes Inc. increased its position in shares of XPO Logistics by 37.8% during the first quarter. Federated Hermes Inc. now owns 1,238,700 shares of the transportation company’s stock valued at $152,732,000 after acquiring an additional 339,614 shares in the last quarter. Finally, Geode Capital Management LLC raised its holdings in XPO Logistics by 11.7% in the 1st quarter. Geode Capital Management LLC now owns 1,188,182 shares of the transportation company’s stock worth $146,326,000 after acquiring an additional 124,723 shares during the last quarter. 73.22% of the stock is currently owned by institutional investors and hedge funds.
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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