XPO, Inc. (NYSE:XPO) Given Consensus Rating of “Moderate Buy” by Analysts

XPO, Inc. (NYSE:XPOGet Free Report) has been given an average recommendation of “Moderate Buy” by the sixteen analysts that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation and fifteen have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $147.31.

Several research firms recently commented on XPO. Wells Fargo & Company raised their price target on shares of XPO from $119.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, October 31st. Oppenheimer boosted their price target on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. Evercore ISI cut their price objective on XPO from $129.00 to $125.00 and set an “outperform” rating for the company in a report on Thursday, October 3rd. Stifel Nicolaus boosted their target price on XPO from $125.00 to $126.00 and gave the company a “buy” rating in a research note on Monday, October 21st. Finally, TD Cowen raised their price target on XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, October 31st.

Get Our Latest Research Report on XPO

XPO Price Performance

Shares of NYSE:XPO opened at $138.46 on Friday. The company has a market cap of $16.12 billion, a P/E ratio of 44.81, a price-to-earnings-growth ratio of 2.37 and a beta of 2.08. The company’s fifty day moving average is $144.56 and its two-hundred day moving average is $122.67. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. XPO has a 12-month low of $80.26 and a 12-month high of $161.00.

XPO (NYSE:XPOGet Free Report) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.89 by $0.13. XPO had a return on equity of 31.16% and a net margin of 4.57%. The firm had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same period in the prior year, the business earned $0.88 EPS. The business’s revenue for the quarter was up 3.7% on a year-over-year basis. Equities analysts expect that XPO will post 3.62 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. CIBC Asset Management Inc lifted its position in shares of XPO by 9.5% during the 2nd quarter. CIBC Asset Management Inc now owns 3,227 shares of the transportation company’s stock worth $343,000 after purchasing an additional 280 shares during the last quarter. Rhumbline Advisers grew its stake in shares of XPO by 6.6% in the second quarter. Rhumbline Advisers now owns 337,533 shares of the transportation company’s stock worth $35,829,000 after acquiring an additional 20,831 shares during the last quarter. TD Asset Management Inc bought a new position in XPO during the second quarter worth $984,000. Arizona State Retirement System raised its stake in XPO by 2.0% during the 2nd quarter. Arizona State Retirement System now owns 32,505 shares of the transportation company’s stock valued at $3,450,000 after purchasing an additional 633 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust boosted its holdings in XPO by 9.8% in the 2nd quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company’s stock valued at $150,000 after purchasing an additional 126 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Company Profile

(Get Free Report

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.

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Analyst Recommendations for XPO (NYSE:XPO)

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