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

Shares of XPO, Inc. (NYSE:XPO) have earned a consensus rating of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and fourteen have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $151.06.

A number of equities research analysts have commented on the stock. Citigroup increased their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Evercore ISI decreased their price objective on shares of XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a report on Thursday, October 3rd. Wells Fargo & Company decreased their price objective on shares of XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Stephens reissued an “overweight” rating and set a $165.00 price objective on shares of XPO in a report on Wednesday, December 4th. Finally, Barclays decreased their price objective on shares of XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a report on Friday, January 17th.

XPO Stock Down 2.9 %

XPO opened at $136.06 on Thursday. The firm’s 50-day simple moving average is $143.25 and its 200-day simple moving average is $126.82. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. XPO has a twelve month low of $82.78 and a twelve month high of $161.00. The firm has a market cap of $15.84 billion, a price-to-earnings ratio of 44.03, a PEG ratio of 1.79 and a beta of 2.11.

XPO (NYSE:XPO) last posted its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the prior year, the firm earned $0.88 EPS. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. Equities research analysts anticipate that XPO will post 3.58 EPS for the current fiscal year.

Institutional Trading of XPO

A number of hedge funds have recently modified their holdings of the company. ORG Wealth Partners LLC acquired a new stake in XPO during the 3rd quarter worth approximately $25,000. Versant Capital Management Inc acquired a new stake in XPO during the 4th quarter worth approximately $29,000. UMB Bank n.a. raised its holdings in XPO by 356.6% during the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after buying an additional 353 shares during the period. Brooklyn Investment Group acquired a new stake in XPO during the 3rd quarter worth approximately $57,000. Finally, Future Financial Wealth Managment LLC acquired a new stake in XPO during the 3rd quarter worth approximately $78,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

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.