XPO, Inc. (NYSE:XPO) Receives $111.65 Average PT from Brokerages

Shares of XPO, Inc. (NYSE:XPO) have received a consensus rating of “Moderate Buy” from the twenty-one analysts that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and fifteen have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $114.95.

A number of research firms have issued reports on XPO. Barclays lifted their price objective on XPO from $100.00 to $125.00 and gave the stock an “overweight” rating in a research note on Thursday, February 8th. Susquehanna increased their price objective on shares of XPO from $100.00 to $140.00 and gave the company a “positive” rating in a research report on Thursday, February 8th. Stifel Nicolaus boosted their target price on shares of XPO from $77.00 to $87.00 and gave the stock a “hold” rating in a report on Wednesday, January 10th. Raymond James upped their target price on shares of XPO from $130.00 to $145.00 and gave the company an “outperform” rating in a research report on Monday, April 15th. Finally, BMO Capital Markets lifted their price target on XPO from $100.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, February 8th.

XPO Stock Performance

Shares of NYSE XPO opened at $110.70 on Tuesday. The firm has a fifty day moving average price of $120.60 and a 200-day moving average price of $100.62. XPO has a 1 year low of $45.24 and a 1 year high of $130.51. The stock has a market cap of $12.88 billion, a PE ratio of 54.26, a price-to-earnings-growth ratio of 2.69 and a beta of 2.17. The company has a debt-to-equity ratio of 2.49, a current ratio of 0.94 and a quick ratio of 1.00.

XPO (NYSE:XPO) last issued its earnings results on Friday, May 3rd. The transportation company reported $0.81 earnings per share for the quarter, topping analysts’ consensus estimates of $0.68 by $0.13. XPO had a net margin of 3.08% and a return on equity of 30.77%. The firm had revenue of $2.02 billion during the quarter, compared to analyst estimates of $2.01 billion. During the same quarter in the prior year, the business earned $0.56 earnings per share. XPO’s revenue for the quarter was up 5.8% on a year-over-year basis. Equities analysts anticipate that XPO will post 3.49 earnings per share for the current fiscal year.

Institutional Trading of XPO

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Capital Research Global Investors boosted its position in shares of XPO by 49.9% in the 4th quarter. Capital Research Global Investors now owns 9,290,937 shares of the transportation company’s stock worth $813,824,000 after purchasing an additional 3,094,390 shares in the last quarter. Deutsche Bank AG raised its position in shares of XPO by 12,894.9% in the 3rd quarter. Deutsche Bank AG now owns 1,304,037 shares of the transportation company’s stock valued at $97,359,000 after purchasing an additional 1,294,002 shares during the last quarter. Norges Bank acquired a new stake in XPO in the 4th quarter worth approximately $79,592,000. Eminence Capital LP grew its position in XPO by 137.4% during the 3rd quarter. Eminence Capital LP now owns 1,191,311 shares of the transportation company’s stock worth $88,943,000 after purchasing an additional 689,457 shares during the last quarter. Finally, Invesco Ltd. increased its stake in XPO by 76.5% during the 3rd quarter. Invesco Ltd. now owns 1,258,725 shares of the transportation company’s stock valued at $93,976,000 after purchasing an additional 545,485 shares in the last quarter. Institutional investors 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.