XPO, Inc. (NYSE:XPO) Receives Consensus Recommendation of “Moderate Buy” from Analysts

Shares of XPO, Inc. (NYSE:XPO) have been given a consensus recommendation of “Moderate Buy” by the sixteen research firms that are covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating and fifteen have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $143.13.

Several analysts recently issued reports on XPO shares. Evercore ISI reduced their price target on shares of XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, October 3rd. TD Cowen raised their target price on shares of XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. JPMorgan Chase & Co. raised their target price on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a research report on Friday, December 6th. Barclays raised their target price on shares of XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. Finally, Susquehanna lifted their price target on shares of XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a report on Wednesday, September 18th.

Hedge Funds Weigh In On XPO

Hedge funds have recently bought and sold shares of the company. ORG Wealth Partners LLC bought a new stake in XPO in the third quarter valued at $25,000. Blue Trust Inc. increased its stake 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 purchasing an additional 258 shares in the last quarter. Quest Partners LLC bought a new stake in XPO in the second quarter valued at $28,000. International Assets Investment Management LLC bought a new stake in XPO in the second quarter valued at $36,000. Finally, UMB Bank n.a. increased its stake in XPO by 356.6% in the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 353 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

XPO Stock Performance

NYSE XPO opened at $154.60 on Wednesday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The firm has a market capitalization of $18.00 billion, a price-to-earnings ratio of 50.03, a P/E/G ratio of 2.30 and a beta of 2.08. The firm’s 50 day simple moving average is $132.65 and its 200 day simple moving average is $118.09. XPO has a 1 year low of $80.26 and a 1 year high of $159.43.

XPO (NYSE:XPO) last posted its quarterly earnings results 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. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter last year, the business posted $0.88 EPS. As a group, research analysts expect that XPO will post 3.62 earnings per share 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.