Analysts’ Recommendations for XPO Logistics before Q2 Earnings



Analysts’ recommendations for XPO

In this last part of the series, let’s see how Thomson Reuters analysts are rating XPO Logistics (XPO) before its second-quarter earnings release. Currently, 20 analysts are covering the stock. Four (20%) of them are bullish on the stock and have rated it a “strong buy.” Twelve of them (60%) have rated it a “buy,” and the remaining four (20%) have recommended a “hold.” None of the analysts have rated the stock a “sell.”

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Analysts’ target prices for XPO and its peers

Analysts have set a consensus price target of $117.83 for XPO Logistics. The trucking company was trading at $99.22 on July 26. In the past year, the stock has risen 67.4%. Now let’stake a look at analysts’ target prices and return potential for XPO’s peers.

  • C.H. Robinson Worldwide (CHRW): $92.11 with a return potential of 0.3%
  • Expeditors International of Washington (EXPD): $70.75 with no return potential
  • Old Dominion Freight Lines (ODFL): $150.23 with a return potential of 4%
  • Schneider National (SNDR): $31.70 with a return potential of 22%

The iShares Global Industrials ETF (EXI) has a 6.24% weight in US airline companies and 5.26% in major US railroad companies.

Why a ‘buy’ for XPO

XPO Logistics has consolidated its position as a major road transporter across North America in the last three years. A strong demand for contract logistics, last-mile fulfillment, forwarding, and brokerage are supporting its double-digit revenue growth.

Booming e-commerce transactions are fueling the growing need for last-mile delivery, which is where XPO has built its position. Oppenheimer has maintained its “outperform” rating on XPO stock. Higher volumes, new business contracts, and a strong appetite for new acquisitions should maintain the upward pace in XPO stock.


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