Can XPO Logistics Inc’s Tomorrow Be Different? Option Trader Are Very Bearish

 Can XPO Logistics Inc's Tomorrow Be Different? Option Trader Are Very Bearish

In today’s session XPO Logistics Inc (XPO) recorded an unusually high (2,854) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the November, 2016 put, expecting serious XPO decrease. With 2,854 contracts traded and 1654 open interest for the Nov, 16 contract, it seems this is a quite bearish bet. The option with symbol: XPO161118P00035000 closed last at: $2.7 or 35% up. About 644,365 shares traded hands. XPO Logistics Inc (NYSE:XPO) has risen 21.57% since March 14, 2016 and is uptrending. It has outperformed by 15.96% the S&P500.

Analysts await XPO Logistics Inc (NYSE:XPO) to report earnings on November, 2. They expect $0.38 earnings per share, up 353.33% or $0.53 from last year’s $-0.15 per share. XPO’s profit will be $41.09 million for 22.57 P/E if the $0.38 EPS becomes a reality. After $0.42 actual earnings per share reported by XPO Logistics Inc for the previous quarter, Wall Street now forecasts -9.52% negative EPS growth.

XPO Logistics Inc (NYSE:XPO) Ratings Coverage

Out of 10 analysts covering XPO Logistics (NYSE:XPO), 10 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. XPO Logistics has been the topic of 20 analyst reports since August 7, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Wednesday, November 11 by Oppenheimer. On Friday, August 5 the stock rating was maintained by JP Morgan with “Overweight”. As per Tuesday, August 9, the company rating was maintained by Oppenheimer. FBR Capital maintained XPO Logistics Inc (NYSE:XPO) rating on Friday, August 7. FBR Capital has “Outperform” rating and $60 price target. The stock of XPO Logistics Inc (NYSE:XPO) earned “Buy” rating by Deutsche Bank on Tuesday, August 11. Citigroup maintained the shares of XPO in a report on Thursday, April 14 with “Buy” rating. The company was maintained on Wednesday, September 30 by Oppenheimer. The firm has “Outperform” rating by FBR Capital given on Friday, September 11. The rating was maintained by Cowen & Co on Friday, November 6 with “Outperform”. The stock of XPO Logistics Inc (NYSE:XPO) earned “Buy” rating by Buckingham Research on Tuesday, May 17.

According to Zacks Investment Research, “XPO Logistics, Inc. is a third-party logistics provider offering expedient, single-source solutions for time-critical and service-sensitive shipments through its non-asset based transportation network. XPO serves customers in the U.S, Canada and Mexico with domestic and international freight destinations. XPO’s suite of logistics services is offered through three brands: expedited surface transportation through Express-1, Inc., domestic and international freight forwarding services through Concert Group Logistics, Inc., and truckload brokerage services through Bounce Logistics, Inc. XPO Logistics, Inc., formerly known as Express-1 Expedited Solutions, Inc., is based in Buchanan, Michigan.”

Insitutional Activity: The institutional sentiment increased to 1.26 in 2016 Q2. Its up 0.23, from 1.03 in 2016Q1. The ratio increased, as 31 funds sold all XPO Logistics Inc shares owned while 42 reduced positions. 23 funds bought stakes while 69 increased positions. They now own 79.72 million shares or 1.50% more from 78.54 million shares in 2016Q1.
Weiss Multi holds 1.27% or 625,964 shares in its portfolio. Advsrs Capital Management Limited Com last reported 0.53% of its portfolio in the stock. Oakmont Corporation reported 1.69M shares or 8.89% of all its holdings. Kortright Lp holds 50,000 shares or 4.45% of its portfolio. Moreover, Glenmede Tru Co Na has 0% invested in XPO Logistics Inc (NYSE:XPO) for 1,250 shares. J Goldman And Company Limited Partnership last reported 0.02% of its portfolio in the stock. Qci Asset Management Ny holds 0% or 50 shares in its portfolio. Guggenheim Llc has 11,948 shares for 0% of their US portfolio. Royal Commercial Bank Of Canada has 609,353 shares for 0.01% of their US portfolio. California State Teachers Retirement Systems owns 205,715 shares or 0.01% of their US portfolio. Huntington Savings Bank holds 0% or 82 shares in its portfolio. Kcg Hldgs has 29,144 shares for 0.02% of their US portfolio. Paloma Prtnrs Management accumulated 0% or 12,141 shares. Swiss Commercial Bank, a Switzerland-based fund reported 182,114 shares. Motley Fool Wealth Management Ltd Liability Corporation has 0.33% invested in the company for 113,892 shares.

Insider Transactions: Since August 8, 2016, the stock had 0 insider purchases, and 1 insider sale for $20.25 million net activity. The insider GIC Private Ltd sold $20.25M.

XPO Logistics, Inc. is a transportation and logistics company. The company has a market cap of $3.71 billion. The Firm provides supply chain solutions. It currently has negative earnings. The Firm operates in two divisions: Transportation and Logistics.

XPO Company Profile

XPO Logistics, Inc., incorporated on May 8, 2000, is a transportation and logistics company. The Firm provides supply chain solutions. The Firm operates in two divisions: Transportation and Logistics. All of the Company’s businesses operate as the single global brand of XPO Logistics.

More notable recent XPO Logistics Inc (NYSE:XPO) news were published by: Wsj.com which released: “Some XPO Logistics Workers Vote to Unionize” on October 13, 2016, also Wsj.com with their article: “Teamsters Mounting Campaign to Organize Drivers at XPO Logistics” published on September 21, 2016, Wsj.com published: “XPO Logistics Posts 1Q Loss as Costs Weigh” on May 03, 2016. More interesting news about XPO Logistics Inc (NYSE:XPO) were released by: Wsj.com and their article: “XPO Logistics Reports Record Profit” published on August 03, 2016 as well as Fool.com‘s news article titled: “XPO Logistics Inc Stock Down 18% on Brexit Fears: Here’s What Investors Should …” with publication date: June 24, 2016.

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