XPO (NYSE:XPO) Upgraded at Susquehanna

Susquehanna upgraded shares of XPO (NYSE:XPO) from a neutral rating to a positive rating in a research note published on Friday morning, MarketBeat Ratings reports. They currently have $180.00 target price on the transportation company’s stock, up from their previous target price of $155.00.

A number of other research firms have also weighed in on XPO. Wells Fargo & Company dropped their target price on XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. Citigroup lifted 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. Barclays lowered their target price on shares of XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a report on Friday, January 17th. The Goldman Sachs Group boosted their price target on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Finally, TD Cowen upped their price objective on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st. One analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $156.35.

XPO Stock Performance

NYSE XPO opened at $148.32 on Friday. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. The company has a fifty day simple moving average of $141.20 and a 200 day simple moving average of $128.06. XPO has a 12-month low of $97.03 and a 12-month high of $161.00. The company has a market cap of $17.26 billion, a P/E ratio of 45.92, a PEG ratio of 1.93 and a beta of 2.12.

XPO (NYSE:XPO) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. Sell-side analysts predict that XPO will post 4.16 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. ORG Wealth Partners LLC purchased a new stake in XPO in the third quarter valued at approximately $25,000. Versant Capital Management Inc purchased a new stake in shares of XPO during the 4th quarter valued at $29,000. Halbert Hargrove Global Advisors LLC bought a new stake in shares of XPO during the 4th quarter worth $42,000. Cullen Frost Bankers Inc. increased its stake in XPO by 69.1% in the fourth quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company’s stock valued at $42,000 after acquiring an additional 130 shares during the last quarter. Finally, UMB Bank n.a. increased its stake in XPO by 356.6% in the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock valued at $49,000 after acquiring an additional 353 shares during the last quarter. Institutional investors own 97.73% of the company’s stock.

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.