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-one research firms that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating on the company. The average 12-month price target among analysts that have covered the stock in the last year is $111.65.

XPO has been the topic of a number of recent analyst reports. Susquehanna upped their target price on XPO from $100.00 to $140.00 and gave the company a “positive” rating in a research report on Thursday, February 8th. BMO Capital Markets boosted their price target on XPO from $100.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, February 8th. TD Cowen boosted their target price on XPO from $129.00 to $136.00 and gave the stock an “outperform” rating in a report on Thursday, March 7th. JPMorgan Chase & Co. upped their price target on shares of XPO from $97.00 to $122.00 and gave the company an “overweight” rating in a report on Thursday, February 8th. Finally, Morgan Stanley lowered shares of XPO from an “equal weight” rating to an “underweight” rating and raised their price objective for the stock from $75.00 to $80.00 in a research note on Monday, February 12th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Greenleaf Trust bought a new position in XPO in the 1st quarter worth about $274,000. Principal Financial Group Inc. boosted its stake in shares of XPO by 5.4% during the first quarter. Principal Financial Group Inc. now owns 492,054 shares of the transportation company’s stock valued at $60,045,000 after purchasing an additional 25,381 shares during the period. Benjamin F. Edwards & Company Inc. grew its holdings in XPO by 602.4% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 2,353 shares of the transportation company’s stock worth $287,000 after acquiring an additional 2,018 shares during the last quarter. K.J. Harrison & Partners Inc increased its holdings in XPO by 15.0% during the 1st quarter. K.J. Harrison & Partners Inc now owns 8,051 shares of the transportation company’s stock valued at $982,000 after purchasing an additional 1,051 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank raised its holdings in shares of XPO by 88.2% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 47,480 shares of the transportation company’s stock valued at $5,794,000 after acquiring an additional 22,252 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Down 0.2 %

XPO stock opened at $110.69 on Tuesday. The stock’s 50 day moving average price is $121.72 and its 200 day moving average price is $99.39. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market cap of $12.87 billion, a PE ratio of 68.75, a price-to-earnings-growth ratio of 2.67 and a beta of 2.19. XPO has a 1-year low of $42.86 and a 1-year high of $130.51.

XPO (NYSE:XPO) last announced its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.15. XPO had a return on equity of 29.85% and a net margin of 2.44%. The business had revenue of $1.94 billion during the quarter, compared to analysts’ expectations of $1.92 billion. During the same quarter last year, the business posted $0.98 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. On average, sell-side analysts predict that XPO will post 3.47 EPS 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.