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

XPO, Inc. (NYSE:XPO) has been assigned an average recommendation of “Moderate Buy” from the twenty brokerages that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating and nineteen have given a buy rating to the company. The average 12 month price objective among brokers that have updated their coverage on the stock in the last year is $138.00.

A number of brokerages have weighed in on XPO. Morgan Stanley lowered their target price on XPO from $85.00 to $84.00 and set an “underweight” rating for the company in a report on Friday, August 1st. Benchmark lifted their target price on XPO from $130.00 to $140.00 and gave the stock a “buy” rating in a report on Tuesday, July 15th. UBS Group lifted their target price on XPO from $123.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, July 8th. Jefferies Financial Group reiterated a “buy” rating and issued a $140.00 target price (up from $135.00) on shares of XPO in a report on Tuesday, June 10th. Finally, Stifel Nicolaus lowered their target price on XPO from $145.00 to $136.00 and set a “buy” rating for the company in a report on Friday, August 1st.

XPO Price Performance

XPO stock opened at $127.49 on Monday. The stock’s 50 day moving average is $126.95 and its 200 day moving average is $119.13. The company has a debt-to-equity ratio of 1.88, a current ratio of 1.01 and a quick ratio of 1.02. The firm has a market cap of $15.01 billion, a P/E ratio of 44.11, a P/E/G ratio of 2.46 and a beta of 1.97. XPO has a one year low of $85.06 and a one year high of $161.00.

XPO (NYSE:XPO) last posted its quarterly earnings data on Thursday, July 31st. The transportation company reported $1.05 EPS for the quarter, topping analysts’ consensus estimates of $0.99 by $0.06. The company had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.05 billion. XPO had a return on equity of 26.48% and a net margin of 4.32%. The firm’s quarterly revenue was up .0% on a year-over-year basis. During the same period in the previous year, the firm earned $1.12 earnings per share. As a group, research analysts expect that XPO will post 4.15 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of XPO. Townsquare Capital LLC lifted its position in shares of XPO by 7.5% during the 4th quarter. Townsquare Capital LLC now owns 2,320 shares of the transportation company’s stock valued at $304,000 after buying an additional 162 shares during the last quarter. Mariner LLC increased its stake in XPO by 3.1% in the 4th quarter. Mariner LLC now owns 12,928 shares of the transportation company’s stock worth $1,696,000 after acquiring an additional 390 shares during the last quarter. NewEdge Advisors LLC increased its stake in XPO by 22.7% in the 4th quarter. NewEdge Advisors LLC now owns 11,061 shares of the transportation company’s stock worth $1,451,000 after acquiring an additional 2,043 shares during the last quarter. Capital World Investors increased its stake in XPO by 26.1% in the 4th quarter. Capital World Investors now owns 7,753,883 shares of the transportation company’s stock worth $1,016,923,000 after acquiring an additional 1,605,001 shares during the last quarter. Finally, Ostrum Asset Management increased its position in shares of XPO by 130.7% during the 4th quarter. Ostrum Asset Management now owns 9,045 shares of the transportation company’s stock valued at $1,186,000 after purchasing an additional 5,125 shares during the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

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.