Services Stocks Technical Report -- XPO Logistics, Magna Intl., Advance Auto Parts, and O'Reilly Automotive

Sep 02, 2016, 08:10 ET from Chelmsford Park SA

NEW YORK, September 2, 2016 /PRNewswire/ --

Stock-Callers.com has four Services companies on its scanner for today, which are XPO Logistics Inc. (NYSE: XPO), Magna International Inc. (NYSE: MGA), Advance Auto Parts Inc. (NYSE: AAP), and O'Reilly Automotive Inc. (NASDAQ: ORLY). As per J.P. Morgan, the global sector is forecasted to continue making slow and steady progress over the coming months. Today's research reports on the aforementioned stocks are downloadable for free upon registration at:

http://stock-callers.com/registration

XPO Logistics  

On Thursday, shares in Greenwich, Connecticut headquartered XPO Logistics Inc. recorded a trading volume of 1.11 million shares. The stock ended the session 0.36% higher at $35.93. The Company's shares have surged 24.15% in the last one month, 27.82% in the previous three months, and 31.85% since the start of this year. The stock is trading 17.09% above its 50-day moving average and 27.24% above its 200-day moving average. Moreover, shares of XPO Logistics, which provides transportation and logistics services primarily in the US, have a Relative Strength Index (RSI) of 62.76.

On August 05th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with an increase of the target price from $35 a share to $50 a share.

As per notes filed on August 26, 2016 with the SEC, XPO Logistics completed its previously announced private placement on August 25th, 2016 of $535 million aggregate principal amount of 6.125% senior notes due September 1, 2023. The New Notes will bear interest at a rate of 6.125% per annum payable semiannually, in cash in arrears, on March 1st and September 1st of each year, commencing March 1st, 2017. The New Notes will mature on September 1st, 2023. Visit us today and access our complete research report on XPO at:

http://stock-callers.com/registration/?symbol=XPO

Magna Intl. 

Aurora, Canada headquartered Magna International Inc.'s stock closed the day 0.20% lower at $40.22 with a total trading volume of 1.47 million shares. The Company's shares have advanced 6.55% in the past month, 0.15% in the previous three months, and 1.04% on an YTD basis. The stock is trading 5.55% above its 50-day moving average and 3.26% above its 200-day moving average. Additionally, shares of Magna International, which develops, manufactures, engineers, supplies, and sells automotive products, have an RSI of 63.16.

On August 5th, 2016, Magna International posted sales of $9.4 billion for Q2 ended June 30th, 2016, an increase of 16% over Q2 2015. During Q2 2016, income from continuing operations before income taxes was $767 million and net income from continuing operations attributable to the company was $558 million, increases of 6% and 4% respectively, both compared to Q2 2015.  

On August 08th, 2016, research firm RBC Capital Markets reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $52 a share to $55 a share. The complimentary report on MGA can be downloaded at:

http://stock-callers.com/registration/?symbol=MGA

Advance Auto Parts  

Shares in Roanoke, Virginia headquartered Advance Auto Parts Inc. recorded a trading volume of 721,415 shares. The stock ended yesterday's trading session 0.88% higher at $158.76. The Company's shares have advanced 5.38% in the previous three months and 5.56% since the start of this year. The stock is trading above its 200-day moving average by 2.21%. Furthermore, shares of Advance Auto Parts, which through its subsidiaries, provides automotive replacement parts, accessories, batteries, and maintenance items for domestic and imported cars, vans, sport utility vehicles, and light and heavy duty trucks, have an RSI of 43.60.

On August 16th, 2016, the company reported that total sales for Q2 FY16 decreased 4.8% to $2.26 billion, as compared with total sales during Q2 FY15 of $2.37 billion. On a GAAP basis, the company's operating income during Q2 FY16 was $216.7 million, decreasing 15.7% versus Q2 FY15.  

On August 26th, 2016, research firm Susquehanna initiated a 'Neutral' rating on the Company's stock, issuing a target price of $158 per share. Register for free on Stock-Callers.com and access the latest research report on AAP at:

http://stock-callers.com/registration/?symbol=AAP

O'Reilly Automotive  

Springfield, Missouri headquartered O'Reilly Automotive Inc.'s stock finished Thursday's session 0.78% higher at $282.13 with a total trading volume of 525,783 shares. The Company's shares have advanced 8.71% over the previous three months and 11.33% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 0.80% and 6.44%, respectively. Additionally, shares of O'Reilly Automotive, which together with its subsidiaries, engages in the retail of automotive aftermarket parts, tools, supplies, equipment, and accessories in the US, have an RSI of 47.88.

On August 26th, 2016, research firm Susquehanna initiated a 'Positive' rating on the Company's stock, issuing a target price of $343 per share. Get free access to your research report on ORLY at:

http://stock-callers.com/registration/?symbol=ORLY

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