Contract logistics leader trading 24% below 52-week high despite 35% Q1 EPS beat and raised guidance.

Current Price

$47.30

Unrealized P&L

-8.0%

Entry Zone

$49.90 – $52.98

Target

$62.00

+20.5% upside

Stop Loss

$45.50

Catalyst

Q2 earnings and Wincanton integration update· Aug 5, 2026

Time Horizon

12 weeks

Investment Thesis

Q1 adjusted EPS $0.50 vs $0.37 expected, revenue $3.3B vs $3.22B with 10.8% YoY growth. Operating ROIC 48% vs 30% target demonstrates execution quality. Wincanton integration synergies materializing with net leverage at manageable 2.5x. Trading at discount despite outperforming guidance.