XPO, Inc. (NYSE:XPO) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

XPO, Inc. (NYSE:XPO) has been assigned a consensus rating of “Moderate Buy” from the sixteen analysts that are presently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating and fifteen have issued a buy rating on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is $147.31.

XPO has been the subject of a number of research analyst reports. Stephens reissued an “overweight” rating and set a $165.00 target price on shares of XPO in a research report on Wednesday, December 4th. Wells Fargo & Company raised their target price on shares of XPO from $119.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, October 31st. Susquehanna upped their price target on shares of XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a research report on Wednesday, September 18th. Citigroup raised their price objective on XPO from $155.00 to $179.00 and gave the company 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 stock a “buy” rating in a research report on Monday, October 21st.

Institutional Trading of XPO

A number of hedge funds have recently made changes to their positions in XPO. Perennial Investment Advisors LLC boosted its stake in XPO by 5.5% during the 2nd quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company’s stock valued at $210,000 after acquiring an additional 103 shares during the last quarter. Coldstream Capital Management Inc. raised its stake in shares of XPO by 5.0% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock valued at $245,000 after purchasing an additional 107 shares in the last quarter. CIBC Asset Management Inc lifted its position in shares of XPO by 3.6% during the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock worth $359,000 after purchasing an additional 116 shares during the last quarter. Emerald Mutual Fund Advisers Trust grew its stake in XPO by 9.8% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company’s stock worth $150,000 after purchasing an additional 126 shares in the last quarter. Finally, Stephens Inc. AR increased its holdings in XPO by 6.4% in the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock valued at $256,000 after buying an additional 142 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Stock Down 1.2 %

Shares of XPO opened at $156.30 on Wednesday. XPO has a fifty-two week low of $80.26 and a fifty-two week high of $159.43. The company’s fifty day moving average is $136.67 and its two-hundred day moving average is $119.46. The firm has a market cap of $18.19 billion, a PE ratio of 50.58, a price-to-earnings-growth ratio of 2.37 and a beta of 2.08. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04.

XPO (NYSE:XPO) last issued its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The firm had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.88 earnings per share. Analysts forecast that XPO will post 3.62 earnings per share for the current year.

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.