If you’re on the hunt for stocks to watch today, XPO Logistics, Inc. (NYSE:XPO) is a stock to give close attention to. The company shares are trading 12.96% or 10.73 points up from last closing price of $82.82, reaching $93.55 at last check. The XPO share price has risen in 4 of the last 5 days and is up 9.19% over the past week. It will be exciting to see whether the stock manages to continue increasing or take a minor break for the next few days. The move came on solid volume too with far more shares changing hands than in a normal session. Trading activity as of this writing strengthened by 1,928,696 shares, and in total 3.057 million shares valued at $285.963 million were seen changing hands compared with 1.128 million shares valued at $93.429 million recorded at the previous session. You should take into consideration that a greater volume on higher prices causes bullish signal for the market. It shows the sentiment is in an uptrend and more and more traders want to enter in the XPO stock.
XPO Logistics, Inc. (XPO) shares have notched a 3-month gain of about 9.19%, but has still advanced 3.91% year to date. By comparison, the stock added 37.32% over the past 12 months, while it slipped -0.59% over the 1 month. The company’s market cap is around $7.71B, with its short interest ratio standing at 11.96%.
In the current trading session for XPO, the stock witnessed two major price actions, it rose to a high of $96 and was down as much as $91.24 at one point. The high recorded is very low when compared to their 52-week high which is $45.73. The 52-week high is now at 9.61 distance from current price. Their recent low of $86.47 represents a 107.26% recovery. This data is quite important for investors who look to benefit from the recent rise of the company’s stock. The price target currently for XPO is $92.06, this is above the recent high that the stock attained. Taking a look at the overall sentimental views of financial analysts, the trading pattern of this stock recently is very clear.
The stock of XPO Logistics, Inc. earned $3.34 per share in the trailing 12 months and has a P/E ratio of 28.01. You can compare it with that of similar companies in its industry to get a sense of whether the stock you’re looking to purchase is overvalued or undervalued. Its current price to earnings ratio is higher than the ones recorded by the industry which is 23.33 and lower compared to the sector’s average of 31.69. When the P/E ratio is low let’s say below 1.0, then the stock price is considered a good value. XPO also has P/S multiple of 0.52. This is smaller versus the 12 month P/S ratios of other companies in the same indutry. The peer average price to sales ratio is 0.61x.
XPO‘s last price was up 37.27% as compared to the average trading price of 50 days recorded at $68.15 while enlarging the period to 200 trading days, the average closing price was $80.49. At present, there are 93.08 million in the total number of common shares owned by the public and among those 91.07 million shares have been available to trade. The percentage of shares being held by the company management was 0.1% while institutions stake was 0%. The company has generated positive returns on equity over the last 12 months (13.4%). It managed to keep its gross profit margin at 49.5% over the past 12 months.
When assessing the full upside of the XPO stock, there is another set of technicals that should be looked into and considered. Its 19.5% gain from moving average of $78.28 has brought about a positive sentiment when calculated over the last 20 days. The market has allocated a beta of 2.46 to the stock. With the beta been greater than one, this implies that the company shares are theoretically more volatile than the market, something that the traders definitely are keeping an eye on.
Most of the analysts surveyed by Thomson/First Call think quite highly of XPO Logistics, Inc. — 8 analysts rate the stock as a buy with another 0 rating it strong buy. There are 5 analysts who maintain a hold rating for the stock, with 0 giving it a sell rating. Analysts arrived at a 12-month price target of $82.54 on shares of XPO Logistics, Inc. (NYSE:XPO), which corresponds to 12.11% downside potential than its current market price of $93.55 and implies potential despite the recent advance in the price. However, their current target price has fallen from $83.29 a month ago and is down handily from the consensus target of $83.71 a quarter ago.
In the last five years, the EPS of the company has been roughly 26.8%. Though the percentage looks encouraging, extra tailwinds are emerging as looking out over a next 5-year period, with analysts estimating that their earnings will increase annually by 25.57%. The revenue of the company has risen at an average annualized rate of about 89.8 over the last five years. The company recently recorded a drop of -4.2%, but this figure is rather unattractive.
Let’s briefly check the hedge fund interest towards XPO stock. Ballast Inc. trimmed position in the company after it dumped -15.4% or 9,966 shares of its common stock. The hedge fund now owns 8,431 shares worth $788,720, SEC documents show. IFM Investors Pty Ltd cut assets in the stock as 9708.33 shares have been sold, reducing its stake by -6.4% to 9,087 shares which are currently valued at $850,089. In addition, DNB Asset Management AS recently reported that it now owns 17,984 shares making a total of $1,682,403 based on the recent price. This refelects a change of 9.7% in their ownership.