XPO (NYSE:XPO) Price Target Raised to $139.00

XPO (NYSE:XPO) had its price objective boosted by Bank of America from $137.00 to $139.00 in a research report report published on Monday, Benzinga reports. Bank of America currently has a buy rating on the transportation company’s stock.

XPO has been the topic of several other reports. The Goldman Sachs Group upped their price objective on XPO from $98.00 to $126.00 and gave the company a buy rating in a research note on Thursday, February 8th. Morgan Stanley lowered XPO from an equal weight rating to an underweight rating and upped their price objective for the company from $75.00 to $80.00 in a research note on Monday, February 12th. TD Cowen upped their price objective on XPO from $129.00 to $136.00 and gave the company an outperform rating in a research note on Thursday, March 7th. Oppenheimer upped their price objective on XPO from $130.00 to $140.00 and gave the company an outperform rating in a research note on Wednesday, April 10th. Finally, Stifel Nicolaus upped their price objective on XPO from $77.00 to $87.00 and gave the company a hold rating in a research note on Wednesday, January 10th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of Moderate Buy and a consensus target price of $111.65.

XPO Stock Down 3.1 %

XPO stock opened at $115.37 on Monday. XPO has a twelve month low of $33.73 and a twelve month high of $130.51. The company has a market cap of $13.42 billion, a PE ratio of 71.66, a price-to-earnings-growth ratio of 2.94 and a beta of 2.19. The business’s 50-day simple moving average is $122.29 and its 200 day simple moving average is $97.16. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63.

XPO (NYSE:XPO) last released its earnings results on Wednesday, February 7th. The transportation company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.15. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.92 billion. XPO had a return on equity of 29.85% and a net margin of 2.44%. The firm’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period last year, the business earned $0.98 earnings per share. On average, research analysts anticipate that XPO will post 3.47 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Money Concepts Capital Corp lifted its stake in shares of XPO by 673.0% in the 4th quarter. Money Concepts Capital Corp now owns 773 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 673 shares during the period. Mather Group LLC. bought a new stake in shares of XPO in the 1st quarter valued at $27,000. Benjamin F. Edwards & Company Inc. increased its position in shares of XPO by 170.2% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 335 shares of the transportation company’s stock valued at $30,000 after buying an additional 211 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of XPO in the 3rd quarter valued at $31,000. Finally, Riverview Trust Co bought a new stake in shares of XPO in the 1st quarter valued at $31,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Company Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.