XPO (NYSE:XPO) PT Raised to $126.00 at Stifel Nicolaus

XPO (NYSE:XPO) had its price objective upped by stock analysts at Stifel Nicolaus from $125.00 to $126.00 in a note issued to investors on Monday, Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. Stifel Nicolaus’ price target points to a potential upside of 13.47% from the stock’s previous close.

Other analysts have also recently issued research reports about the company. TD Cowen cut their target price on XPO from $143.00 to $142.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Stephens reiterated an “overweight” rating and set a $150.00 target price on shares of XPO in a research report on Thursday, September 5th. Bank of America reduced their price objective on XPO from $135.00 to $134.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. Oppenheimer reaffirmed an “outperform” rating and set a $140.00 price objective on shares of XPO in a research note on Friday, October 4th. Finally, Benchmark reaffirmed a “buy” rating and set a $140.00 price objective on shares of XPO in a research note on Thursday, September 19th. Two research analysts have rated the stock with a sell rating, fifteen have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $130.41.

XPO Trading Up 1.2 %

NYSE:XPO opened at $111.04 on Monday. The firm has a market cap of $12.92 billion, a PE ratio of 36.89, a price-to-earnings-growth ratio of 1.85 and a beta of 2.10. The stock has a fifty day moving average price of $112.56 and a 200 day moving average price of $111.36. XPO has a 12-month low of $65.80 and a 12-month high of $130.51. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, August 1st. The transportation company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.11. XPO had a return on equity of 32.49% and a net margin of 4.48%. The company had revenue of $2.08 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same period last year, the firm earned $0.71 earnings per share. XPO’s quarterly revenue was up 8.5% on a year-over-year basis. Sell-side analysts anticipate that XPO will post 3.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in the company. ORG Wealth Partners LLC acquired a new stake in XPO during the 3rd quarter valued at approximately $25,000. Mather Group LLC. acquired a new position in XPO in the first quarter worth $27,000. Blue Trust Inc. boosted its holdings in XPO by 25,800.0% in the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock worth $27,000 after purchasing an additional 258 shares during the period. Quest Partners LLC acquired a new position in XPO in the second quarter worth $28,000. Finally, Riverview Trust Co acquired a new position in XPO in the first quarter worth $31,000. 97.73% of the stock is 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.