|Bid||0.00 x N/A|
|Ask||0.00 x N/A|
|Day's range||49.12 - 50.05|
|52-week range||29.69 - 61.38|
|Beta (5Y monthly)||2.01|
|PE ratio (TTM)||0.08|
|Earnings date||02 Aug 2023 - 07 Aug 2023|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
It is doubtless a positive to see that the XPO, Inc. ( NYSE:XPO ) share price has gained some 34% in the last three...
Growth stocks are down these days, but if you're a long-term investor, you know that bear markets present great buying opportunities. That's because otherwise promising stocks go on sale, especially in cyclical industries like industrials, benefiting investors with longer time horizons who can patiently wait for the economic recovery.
Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday’s close: downgrades for Shopify, Skyworks Solutions, XPO, and Nabors Industries. Shares plunged nearly 10% premarket today after the company reported in-line Q2 earnings and worse-than-expected Q3 guidance as a challenging macro backdrop continues to weigh on the company's performance.
Before the call begins, let me read a brief statement on behalf of the company regarding forward-looking statements and the use of non-GAAP financial measures. During this call, the company will be making certain forward-looking statements within the meaning of applicable securities laws, which by their nature involve a certain number of risks, uncertainties, and other factors that could cause actual results to differ materially from those projected in the forward-looking statements. The forward-looking statements in the company's earnings release made on this call are made only as of today, and the company has no obligation to update any of these forward-looking statements, except to the extent required by law.
Key Insights Significantly high institutional ownership implies XPO's stock price is sensitive to their trading actions...
Shares of XPO Logistics (NYSE: XPO) were surging this week after the less-than-truckload (LTL) transportation specialist named a new chief operating officer, poaching Dave Bates from Old Dominion Freight Line (NASDAQ: ODFL), the company considered to be the best-in-class operator in LTL. In 2022, Old Dominion reported an operating ratio of 70.6%, a 290-basis-point improvement from the year before, even in a high-inflation environment.
A day after XPO (NYSE: XPO) poached a key executive from a rival, Wall Street is weighing in on the wisdom of the move. Historically, one of the best LTL operators has been Old Dominion Freight Line, and the market reacted with a cheer when XPO announced the hiring of longtime Old Dominion exec Dave Bates as its new chief operating officer. Wall Street shares the market's optimism.
Investors in the trucking company are hitting the gas on the stock in response, with shares up 16.3% as of 11:58 a.m. ET. Historically, one of the best operators in the industry has been Old Dominion Freight Line (NASDAQ: ODFL). On Thursday, XPO named Dave Bates its new chief operating officer.
XPO, Inc. ( NYSE:XPO ), might not be a large cap stock, but it received a lot of attention from a substantial price...
The recent price decline of 8.1% in XPO, Inc.'s ( NYSE:XPO ) stock may have disappointed insiders who bought US$54k...
Whilst it may not be a huge deal, we thought it was good to see that the XPO, Inc. ( NYSE:XPO ) Independent Director...
XPO (NYSE: XPO) has transformed itself over the last two years, spinning off both GXO Logistics, its former contract logistics segment, and RXO, its former truck brokerage. The company made those moves primarily to unlock shareholder value because Chairman Brad Jacobs had long argued that the stock was undervalued due to a "conglomerate discount," since the company had no true publicly traded peers on the market. Now that it has fulfilled Jacobs' vision and slimmed down to a pure-play less-than-truckload (LTL) carrier in North America and Europe, investors are hopeful that the stock's valuation will improve compared to those of its peers.
XPO CEO Mario Harik joins Yahoo Finance Live to break down fourth-quarter earnings, consumer demand, buying patterns and trends, revenue growth, and the outlook for XPO.
Shipping and logistics companies such as RXO might be seeing the first signs of an economic rebound.
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
XPO Logistics, Inc. ( NYSE:XPO ) shareholders should be happy to see the share price up 13% in the last month. But that...
XPO Logistics ( NYSE:XPO ) Third Quarter 2022 Results Key Financial Results Revenue: US$3.04b (down 7.0% from 3Q 2021...
XPO Logistics (NYSE: XPO) was one of the top 10 best-performing stocks among publicly traded companies in the Fortune 500 in the last decade. After investors greeted that move favorably, XPO spun off the other remaining business segment, the truck brokerage business now known as RXO (NYSE: RXO). RXO shares fell in their first week trading on the market.
In tough economic times, transportation companies tend to get hit hard. In addition, trucking company Yellow just reported a 19% decline in tonnage per workday in its third-quarter earnings report, showing declining demand. It just became a pure-play less-than-truckload (LTL) operator following its spinoff of RXO, its former truck brokerage division, and the company's third-quarter earnings report shows why the new XPO could be a great opportunity for investors right now.
XPO CEO Mario Harik discusses shipping demand, the economic environment, the truck driver shortage, his background, and the company's latest earnings.
The company completed a spinoff of its brokerage business, but some data reporting services are slow to adjust.
Image source: The Motley Fool. XPO Logistics (NYSE: XPO)Q3 2022 Earnings CallOct 31, 2022, 8:30 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorWelcome to the XPO Q3 2022 earnings conference call and webcast.
Yahoo Finance Live anchors discuss third-quarter earnings for XPO Logistics.
Wall Street looked ready for a downbeat start to Halloween's trading session, but these two old-economy companies showed their tenacity.