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

Shares of XPO, Inc. (NYSE:XPO) have earned a consensus rating of “Moderate Buy” from the sixteen brokerages that are presently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and fifteen have given a buy recommendation to the company. The average twelve-month price target among analysts that have issued a report on the stock in the last year is $143.13.

Several equities research analysts recently commented on XPO shares. Barclays boosted their price objective on shares of XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a research report on Wednesday, November 13th. TD Cowen boosted their price objective on shares of XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 31st. Stephens reissued an “overweight” rating and set a $165.00 price target on shares of XPO in a research report on Wednesday, December 4th. Benchmark restated a “buy” rating and set a $140.00 price objective on shares of XPO in a research note on Thursday, September 19th. Finally, JPMorgan Chase & Co. increased their price objective on shares of XPO from $146.00 to $160.00 and gave the stock an “overweight” rating in a research note on Friday, December 6th.

XPO Price Performance

Shares of XPO stock opened at $154.60 on Wednesday. XPO has a 12-month low of $80.26 and a 12-month high of $159.43. The firm has a market capitalization of $18.00 billion, a price-to-earnings ratio of 50.03, a price-to-earnings-growth ratio of 2.30 and a beta of 2.08. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. The firm has a fifty day moving average of $132.65 and a 200-day moving average of $118.09.

XPO (NYSE:XPO) last posted its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. The business had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The firm’s revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 EPS. On average, equities research analysts forecast that XPO will post 3.62 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. D1 Capital Partners L.P. increased its holdings in shares of XPO by 84.2% during the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock worth $506,484,000 after purchasing an additional 2,153,042 shares during the period. State Street Corp increased its holdings in shares of XPO by 1.1% during the third quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock worth $373,903,000 after purchasing an additional 37,486 shares during the period. Clearbridge Investments LLC increased its holdings in shares of XPO by 11.3% during the second quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock worth $264,124,000 after purchasing an additional 253,519 shares during the period. Massachusetts Financial Services Co. MA increased its holdings in shares of XPO by 0.7% during the third quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock worth $165,299,000 after purchasing an additional 10,318 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of XPO by 9.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,500,368 shares of the transportation company’s stock worth $159,243,000 after purchasing an additional 130,322 shares during the period. 97.73% of the stock is owned by institutional investors.

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.