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

Shares of XPO, Inc. (NYSE:XPO – Get Rating) have received an average recommendation of “Hold” from the twenty-four research firms that are covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating on the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $50.50.

Several analysts recently commented on XPO shares. Raymond James cut their target price on shares of XPO from $46.00 to $44.00 and set an “outperform” rating for the company in a research note on Tuesday, February 14th. The Goldman Sachs Group decreased their target price on XPO from $81.00 to $40.00 and set a “buy” rating on the stock in a report on Wednesday, November 2nd. JPMorgan Chase & Co. downgraded XPO from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $44.00 to $42.00 in a report on Wednesday, January 11th. Barclays dropped their price target on XPO from $65.00 to $45.00 in a research note on Friday, December 16th. Finally, Credit Suisse Group reduced their price objective on shares of XPO from $43.00 to $42.00 and set an “outperform” rating for the company in a research note on Friday, February 10th.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of the company. Aperture Investors LLC grew its stake in shares of XPO by 124.0% in the 3rd quarter. Aperture Investors LLC now owns 235,646 shares of the transportation company’s stock valued at $10,491,000 after buying an additional 130,424 shares in the last quarter. Point72 Asset Management L.P. acquired a new position in shares of XPO during the 3rd quarter worth $11,722,000. Texas Permanent School Fund raised its holdings in shares of XPO by 2.2% during the 2nd quarter. Texas Permanent School Fund now owns 71,448 shares of the transportation company’s stock valued at $3,441,000 after purchasing an additional 1,509 shares in the last quarter. Gilman Hill Asset Management LLC boosted its holdings in XPO by 8.1% in the third quarter. Gilman Hill Asset Management LLC now owns 43,095 shares of the transportation company’s stock worth $1,919,000 after purchasing an additional 3,223 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its position in XPO by 94.7% during the third quarter. Teacher Retirement System of Texas now owns 32,316 shares of the transportation company’s stock worth $1,439,000 after buying an additional 15,722 shares during the last quarter. 89.57% of the stock is owned by institutional investors and hedge funds.

XPO Stock Up 3.4 %

XPO opened at $34.50 on Thursday. The company has a debt-to-equity ratio of 2.44, a quick ratio of 1.08 and a current ratio of 1.08. The company has a market capitalization of $3.98 billion, a PE ratio of 5.99, a P/E/G ratio of 1.39 and a beta of 2.09. The stock’s fifty day moving average is $37.08 and its 200-day moving average is $42.09. XPO has a one year low of $24.51 and a one year high of $46.84.

XPO (NYSE:XPO – Get Rating) last released its earnings results on Wednesday, February 8th. The transportation company reported $0.98 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.16. XPO had a return on equity of 41.62% and a net margin of 5.75%. The firm had revenue of $1.83 billion for the quarter, compared to analyst estimates of $1.84 billion. During the same period in the previous year, the company earned $1.34 earnings per share. XPO’s revenue was up 3.3% compared to the same quarter last year. On average, equities analysts predict that XPO will post 2.62 EPS for the current fiscal year.

XPO Company Profile

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XPO, Inc engages in the provision of freight transportation services. It operates through North American Less-Than-Truckload and European Transportation segments. The North American Less-Than-Truckload segment includes cross-border U.S. service to and from Mexico and Canada, as well as intra-Canada service.