XPO (NYSE:XPO) Stock Rating Lowered by Susquehanna

XPO (NYSE:XPO) was downgraded by equities researchers at Susquehanna from a “positive” rating to a “neutral” rating in a report issued on Tuesday, Marketbeat reports. They currently have a $155.00 target price on the transportation company’s stock, down from their previous target price of $160.00. Susquehanna’s target price indicates a potential upside of 13.04% from the company’s current price.

XPO has been the subject of a number of other research reports. The Goldman Sachs Group lifted their price target on XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Evercore ISI dropped their price target on XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a research note on Thursday, October 3rd. Wells Fargo & Company increased their price objective on shares of XPO from $119.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, October 31st. Citigroup raised their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Finally, Stifel Nicolaus upped their target price on XPO from $125.00 to $126.00 and gave the company a “buy” rating in a research report on Monday, October 21st. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $148.25.

XPO Price Performance

Shares of NYSE XPO opened at $137.12 on Tuesday. XPO has a fifty-two week low of $80.26 and a fifty-two week high of $161.00. The stock has a market capitalization of $15.96 billion, a price-to-earnings ratio of 44.38, a PEG ratio of 2.37 and a beta of 2.11. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. The business has a 50-day moving average of $145.34 and a 200-day moving average of $123.50.

XPO (NYSE:XPO) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. XPO had a return on equity of 31.16% and a net margin of 4.57%. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same quarter in the prior year, the business posted $0.88 EPS. The business’s revenue was up 3.7% compared to the same quarter last year. As a group, sell-side analysts predict that XPO will post 3.62 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. ORG Wealth Partners LLC acquired a new position in XPO in the 3rd quarter valued at approximately $25,000. Quest Partners LLC bought a new stake in shares of XPO in the 2nd quarter valued at about $28,000. Versant Capital Management Inc acquired a new stake in shares of XPO in the fourth quarter valued at about $29,000. UMB Bank n.a. raised its position in shares of XPO by 356.6% during the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after acquiring an additional 353 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in shares of XPO in the third quarter worth approximately $57,000. Institutional investors own 97.73% of the company’s stock.

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.