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

XPO, Inc. (NYSE:XPO) has been given an average rating of “Moderate Buy” by the twenty-two ratings firms that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and twenty have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $148.15.

Several research analysts have recently weighed in on XPO shares. UBS Group upped their price target on shares of XPO from $150.00 to $162.00 and gave the company a “buy” rating in a report on Friday, October 3rd. Morgan Stanley cut their price objective on shares of XPO from $84.00 to $83.00 and set an “underweight” rating on the stock in a research report on Monday, October 6th. Raymond James Financial increased their target price on XPO from $132.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Benchmark lifted their price target on XPO from $140.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, October 31st. Finally, Susquehanna restated a “positive” rating and issued a $162.00 price target on shares of XPO in a report on Friday, October 31st.

Insider Buying and Selling

In other XPO news, Director Allison Landry sold 3,250 shares of the company’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $135.04, for a total transaction of $438,880.00. Following the completion of the transaction, the director owned 5,875 shares of the company’s stock, valued at $793,360. This represents a 35.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 2.90% of the company’s stock.

Institutional Trading of XPO

Institutional investors have recently made changes to their positions in the business. Capital World Investors grew its position in XPO by 7.3% in the third quarter. Capital World Investors now owns 10,860,803 shares of the transportation company’s stock valued at $1,403,973,000 after purchasing an additional 735,450 shares in the last quarter. Invesco Ltd. boosted its stake in shares of XPO by 19.8% during the 3rd quarter. Invesco Ltd. now owns 6,267,881 shares of the transportation company’s stock worth $810,249,000 after buying an additional 1,036,434 shares during the last quarter. Durable Capital Partners LP grew its holdings in shares of XPO by 20.5% in the 3rd quarter. Durable Capital Partners LP now owns 4,331,280 shares of the transportation company’s stock valued at $559,905,000 after acquiring an additional 736,224 shares in the last quarter. Orbis Allan Gray Ltd grew its holdings in shares of XPO by 16.8% in the 2nd quarter. Orbis Allan Gray Ltd now owns 3,150,052 shares of the transportation company’s stock valued at $397,820,000 after acquiring an additional 452,891 shares in the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its position in shares of XPO by 17.4% in the first quarter. T. Rowe Price Investment Management Inc. now owns 2,073,352 shares of the transportation company’s stock valued at $223,052,000 after acquiring an additional 306,928 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.

XPO Trading Up 4.6%

NYSE XPO opened at $140.02 on Wednesday. XPO has a one year low of $85.06 and a one year high of $161.00. 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 $16.44 billion, a P/E ratio of 48.45, a P/E/G ratio of 2.51 and a beta of 1.99. The stock’s 50-day moving average is $132.04 and its 200-day moving average is $128.45.

XPO (NYSE:XPO) last issued its quarterly earnings data on Tuesday, April 11th. The transportation company reported $0.64 earnings per share (EPS) for the quarter. XPO had a return on equity of 26.48% and a net margin of 4.32%.The business had revenue of ($2,243.00) million during the quarter. Sell-side analysts anticipate that XPO will post 4.15 earnings per share for the current fiscal year.

XPO Company Profile

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.