See more
Will XPO stock go up?
XPO Logistics Inc quote is equal to 46.250 USD at 2022-06-21. Based on our forecasts, a long-term increase is expected, the "XPO" stock price prognosis for 2027-06-16 is 72.898 USD. With a 5-year investment, the revenue is expected to be around +57.62%. Your current $100 investment may be up to $157.62 in 2027.
Is XPO a good stock to buy?
XPO Logistics's analyst rating consensus is a 'Strong Buy. This is based on the ratings of 17 Wall Streets Analysts.
When did XPO stock split?
XPO announced in December 2020 that it was splitting its logistics and trucking businesses into separately traded firms, aimed at giving each unit a more defined focus; that move was completed in August.
Did XPO do a stock split?
Intermodal shipping refers to when freight goes by both rail and truck. The spinoff and sales come after XPO split in two in 2021. Back in August, the company spun out contract logistic provider GXO Logistics (GXO).
Who is buying XPO Logistics?
STG Logistics IncXPO's intermodal business generated $1.2 billion of revenue in 2021. XPO Logistics Inc. has sold its North American intermodal business to STG Logistics Inc.
What's going on with XPO Logistics?
XPO Logistics will now focus just on trucking, as it spins off and sells other businesses. XPO Logistics plans to become solely a trucking company, spinning off its high-tech truck brokerage business into a separate publicly traded firm.
Why is XPO now GXO?
The new company is called GXO — three letters that stand for the game-changing opportunities we're bringing to the table for customers, employees and shareholders, with a nod to our XPO heritage.
Why did XPO and GXO split?
1. GXO will be the biggest pure-play logistics company in the world. With several different businesses under its umbrella, XPO CEO Brad Jacobs believed that XPO's current combined structure made the transportation stock difficult to value because the company had no true peers. The separation takes care of that problem.
Why did XPO spin-off GXO?
The spinoff will allow management to implement an optimal capital structure, and establish an investment identity and allocation strategy, the company has said. “We have such a great secular and high-growth business that benefits from all tailwinds of e-commerce, automation and outsourcing,” Oran said.
Did GXO buy XPO Logistics?
XPO unveils GXO as new company name for planned spin-off of logistics business. XPO Logistics, Inc. (NYSE: XPO), a leading global provider of supply chain solutions, today announced the identity of the new company that has been created in connection with the planned spin-off of XPO's logistics business.
Whats the difference between XPO and GXO?
XPO is a leading provider of freight transportation services, primarily less-than-truckload transportation and truck brokerage services, and GXO is the largest pure-play contract logistics provider in the world.
Are XPO and GXO the same company?
XPO Logistics has completed its spin-off of GXO Logistics, creating two independent public companies. GXO Logistics today marked the occasion by ringing the opening bell on the New York Stock Exchange.
Earnings, a rival's move, and a potential sell-off by a hedge fund could be triggering fears among XPO Logistics investors
A Fool since 2011, Neha has a keen interest in materials, industrials, and mining sectors. Her favorite pastime: Digging into 10Qs and 10Ks to pull out important information about a company and its operations that an investor may otherwise not know. Other days, you may find her decoding the big moves in stocks that catch her eye.
What happened
XPO Logistics ( NYSE:XPO) shares can't seem to find the floor. After a painful double-digit drop in October, investors hoping for some relief were in for a rude shock as the stock tumbled 15.1% in November, according to data provided by S&P Global Market Intelligence.
So what
While volatility in the broader market, especially industrials sector, hit XPO shares hard in October, it was an unexpected news release from the company on Oct. 31 that sent its shares crashing last month.
Now what
While FedEx's moves to expand in the last-mile delivery market shouldn't be ignored, it'll take some effort for FedEx to reach XPO's scale of operations in the space. Also, last-mile has taken off only in recent years, and an e-commerce boom should mean there's room for growth for every player in the industry.