Valuing XPO Logistics and Its Peer Group after Its 3Q17 Results
Among its peers, XPO has the highest forward PE multiple of 38.4x. United Parcel Service (UPS) has the lowest multiple of 19.0x.
XPO Logistics has a “strong buy” call from six analysts (31.6%), and 11 analysts (57.8%) suggest a “buy” on the stock.
XPO’s adjusted EBITDA in 3Q17 stood at $369.6 million compared with $352.7 million in 3Q16.
From ~$1.4 billion in 3Q16, XPO’s Logistics segment’s revenues rose to ~$1.5 billion in 3Q17.
XPO has opened eight new hubs in anticipation of Black Friday, which brings its e-commerce network to 53 hubs in the US.
In 3Q17, XPO Logistics (XPO) registered quarterly revenues of ~$3.9 billion, indicating a 4.7% rise from ~$3.7 billion in 3Q16.
XPO Logistics (XPO) announced its 3Q17 earnings on November 1. On November 7, XPO stock traded at an all-time high of $74.80 per share and closed at $73.60.
J.B. Hunt (JBHT) has a consensus rating of 2.19, indicating a “buy.” Of the 21 analysts covering the stock, six (28.6%) recommend a “strong buy.”
In 3Q17, J.B. Hunt reported an 11.3% YoY (year-over-year) rise in overall operating expenses, reaching $1.67 billion, compared with $1.5 billion in 3Q16.
J.B. Hunt’s Truckload segment’s contribution to overall revenues was 5% in 3Q17, down 1% from its contribution in 3Q16.
J.B. Hunt’s Integrated Capacity Solutions segment reported a 16% YoY (year-over-year) rise in 3Q17, reaching $269.0 million, compared with $233.0 million in 3Q16.
J.B. Hunt’s DCS segment’s revenues grew 11% to $438.0 million, up from $394.0 million in 3Q16.
In 3Q17, JBHT’s Intermodal reported revenues of $1.05 billion, or 8% higher than the $970.0 million it reported in 3Q16.
J.B. Hunt reported 3Q17 revenues of $1.84 billion, which was 9% than its $1.69 billion in 3Q16 and 1.3% higher than the analysts estimate of $1.82 billion.
For 3Q17, J.B. Hunt (JBHT) reported EPS (earnings per share) of $0.91, which was 5.4% lower than the analysts’ estimate of $0.96.
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Now, we’ll turn to analysts’ opinions on LTL (less-than-truckload) carriers.
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In this article, we’ll discuss the tonnage and the rate movements in the US LTL (less-than-truckload) industry.