XPO, Inc. (NYSE:XPO) Receives $130.18 Consensus Price Target from Brokerages

Shares of XPO, Inc. (NYSE:XPO) have earned an average recommendation of “Moderate Buy” from the seventeen research firms that are currently covering the stock, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, fifteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $130.18.

XPO has been the subject of several research reports. Benchmark reaffirmed a “buy” rating and set a $140.00 price target on shares of XPO in a report on Thursday, September 19th. TD Cowen cut their price target on XPO from $143.00 to $142.00 and set a “buy” rating for the company in a report on Thursday, September 5th. Wells Fargo & Company cut their price target on XPO from $125.00 to $119.00 and set an “overweight” rating for the company in a report on Thursday, September 5th. Susquehanna increased their price objective on XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a research report on Wednesday, September 18th. Finally, Stephens reiterated an “overweight” rating and set a $150.00 price objective on shares of XPO in a research report on Thursday, September 5th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mather Group LLC. bought a new position in XPO in the first quarter valued at about $27,000. Riverview Trust Co bought a new position in XPO in the first quarter valued at about $31,000. Blue Trust Inc. grew its position in XPO by 25,800.0% in the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 258 shares during the last quarter. Quest Partners LLC acquired a new stake in shares of XPO during the second quarter valued at about $28,000. Finally, ORG Partners LLC acquired a new stake in shares of XPO during the first quarter valued at about $36,000. Institutional investors own 97.73% of the company’s stock.

XPO Trading Up 0.2 %

NYSE XPO opened at $111.53 on Friday. The company has a market cap of $12.97 billion, a PE ratio of 54.67, a PEG ratio of 1.85 and a beta of 2.11. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. XPO has a 12 month low of $65.80 and a 12 month high of $130.51. The stock has a 50 day moving average of $113.12 and a 200-day moving average of $112.94.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, August 1st. The transportation company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.01 by $0.11. XPO had a return on equity of 32.49% and a net margin of 4.48%. The company had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter in the prior year, the firm posted $0.71 EPS. The firm’s revenue for the quarter was up 8.5% compared to the same quarter last year. On average, equities research analysts anticipate that XPO will post 3.59 EPS for the current fiscal year.

About XPO

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.