Stephens Reiterates Overweight Rating for XPO (NYSE:XPO)

XPO (NYSE:XPO)‘s stock had its “overweight” rating reaffirmed by research analysts at Stephens in a research report issued on Wednesday,Benzinga reports. They presently have a $171.00 price target on the transportation company’s stock. Stephens’ price target would indicate a potential upside of 54.21% from the company’s current price.

Several other analysts have also recently weighed in on XPO. Barclays reduced their target price 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. Susquehanna raised shares of XPO from a “neutral” rating to a “positive” rating and raised their target price for the company from $155.00 to $180.00 in a report on Friday, February 7th. Benchmark raised their target price on shares of XPO from $155.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 7th. Stifel Nicolaus raised shares of XPO from a “hold” rating to a “buy” rating and set a $147.00 price objective on the stock in a report on Monday, February 24th. Finally, The Goldman Sachs Group raised their price objective on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a report on Thursday, December 12th. Seventeen investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $161.18.

XPO Trading Down 1.6 %

NYSE XPO opened at $110.89 on Wednesday. The firm has a 50 day simple moving average of $134.36 and a 200-day simple moving average of $130.24. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06. XPO has a one year low of $97.03 and a one year high of $161.00. The firm has a market cap of $13.00 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 1.79 and a beta of 2.12.

XPO (NYSE:XPO) last issued its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, beating 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%. Equities research analysts anticipate that XPO will post 4.15 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

Several institutional investors and hedge funds have recently made changes to their positions in the business. Empirical Capital Management LLC boosted its position in shares of XPO by 12.0% in the 4th quarter. Empirical Capital Management LLC now owns 56,000 shares of the transportation company’s stock worth $7,344,000 after buying an additional 6,000 shares in the last quarter. Amiral Gestion purchased a new stake in shares of XPO in the 4th quarter worth about $708,000. Vise Technologies Inc. purchased a new stake in shares of XPO in the 4th quarter worth about $241,000. White Knight Strategic Wealth Advisors LLC purchased a new stake in shares of XPO in the 4th quarter worth about $381,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in shares of XPO by 11.2% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 292,304 shares of the transportation company’s stock worth $38,336,000 after buying an additional 29,359 shares in the last quarter. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

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.