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

XPO, Inc. (NYSE:XPO) has earned a consensus rating of “Moderate Buy” from the twenty-three research firms that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, twenty have given a buy rating and one has issued a strong buy rating on the company. The average 1 year price target among brokerages that have covered the stock in the last year is $149.6667.

Several research analysts have issued reports on the company. TD Cowen upped their price objective on XPO from $131.00 to $141.00 and gave the stock a “buy” rating in a report on Friday, October 31st. JPMorgan Chase & Co. dropped their price objective on XPO from $166.00 to $163.00 and set an “overweight” rating for the company in a report on Monday, December 8th. Benchmark reaffirmed a “buy” rating on shares of XPO in a research note on Tuesday, December 2nd. Redburn Partners set a $156.00 price target on shares of XPO in a research report on Wednesday, November 26th. Finally, Stifel Nicolaus increased their target price on shares of XPO from $149.00 to $167.00 and gave the stock a “buy” rating in a report on Tuesday.

XPO Stock Performance

Shares of NYSE:XPO opened at $138.55 on Friday. The business has a fifty day moving average of $136.60 and a 200-day moving average of $131.23. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.02 and a current ratio of 1.02. XPO has a twelve month low of $85.06 and a twelve month high of $155.08. The firm has a market cap of $16.26 billion, a PE ratio of 49.84, a price-to-earnings-growth ratio of 2.76 and a beta of 2.03.

XPO (NYSE:XPO) last issued its quarterly earnings results on Tuesday, April 11th. The transportation company reported $0.64 earnings per share (EPS) for the quarter. The business had revenue of ($2,243.00) million for the quarter. XPO had a net margin of 4.13% and a return on equity of 26.14%. On average, equities research analysts predict that XPO will post 4.15 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

Several institutional investors have recently added to or reduced their stakes in the stock. Tudor Investment Corp ET AL raised its holdings in shares of XPO by 2.0% in the 3rd quarter. Tudor Investment Corp ET AL now owns 30,828 shares of the transportation company’s stock valued at $3,985,000 after purchasing an additional 604 shares during the period. Swiss Life Asset Management Ltd raised its stake in XPO by 77.7% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 5,429 shares of the transportation company’s stock valued at $702,000 after acquiring an additional 2,374 shares during the period. CIBC Private Wealth Group LLC lifted its holdings in XPO by 18.1% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 4,863 shares of the transportation company’s stock valued at $629,000 after purchasing an additional 745 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of XPO during the 3rd quarter worth about $648,000. Finally, Wilmington Savings Fund Society FSB grew its stake in XPO by 160.3% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 3,150 shares of the transportation company’s stock valued at $407,000 after buying an additional 1,940 shares during the last quarter. 97.73% of the stock is owned by institutional investors.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.