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

XPO, Inc. (NYSE:XPO) has been given an average rating of “Moderate Buy” by the sixteen research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and fifteen have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is $147.31.

Several equities research analysts have weighed in on the company. Wells Fargo & Company increased their target price on XPO from $119.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, October 31st. Stifel Nicolaus lifted their price objective on shares of XPO from $125.00 to $126.00 and gave the company a “buy” rating in a research report on Monday, October 21st. Stephens reissued an “overweight” rating and set a $165.00 target price on shares of XPO in a research note on Wednesday, December 4th. The Goldman Sachs Group raised their price target on shares of XPO from $150.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. Finally, TD Cowen increased their price objective on XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a report on Thursday, October 31st.

Institutional Trading of XPO

A number of large investors have recently added to or reduced their stakes in the business. Stifel Financial Corp boosted its stake in shares of XPO by 159.1% during the 3rd quarter. Stifel Financial Corp now owns 70,407 shares of the transportation company’s stock worth $7,569,000 after acquiring an additional 43,237 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of XPO during the third quarter valued at $534,000. Traynor Capital Management Inc. boosted its position in shares of XPO by 125.2% in the 3rd quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company’s stock valued at $2,596,000 after purchasing an additional 13,422 shares during the period. PCJ Investment Counsel Ltd. increased its stake in XPO by 36.2% in the 3rd quarter. PCJ Investment Counsel Ltd. now owns 40,410 shares of the transportation company’s stock worth $4,344,000 after purchasing an additional 10,740 shares in the last quarter. Finally, Whalen Wealth Management Inc. acquired a new stake in XPO during the 3rd quarter worth about $706,000. 97.73% of the stock is currently owned by institutional investors.

XPO Trading Up 4.5 %

XPO stock opened at $138.46 on Friday. XPO has a 1 year low of $80.26 and a 1 year high of $161.00. The firm’s 50-day moving average is $144.56 and its 200-day moving average is $122.67. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market cap of $16.12 billion, a P/E ratio of 44.81, a PEG ratio of 2.37 and a beta of 2.08.

XPO (NYSE:XPO) last issued its earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. XPO’s quarterly 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 earnings per share. On average, equities analysts expect that XPO will post 3.62 earnings per share for the current 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.