XPO (NYSE:XPO) Downgraded by Stifel Nicolaus to “Hold”

Stifel Nicolaus lowered shares of XPO (NYSE:XPO) from a buy rating to a hold rating in a report published on Wednesday, MarketBeat.com reports. They currently have $124.00 price objective on the transportation company’s stock, down from their prior price objective of $131.00.

A number of other equities research analysts also recently weighed in on XPO. Stephens reissued an “overweight” rating and set a $165.00 price target on shares of XPO in a research note on Wednesday, December 4th. Wells Fargo & Company lowered their target price on shares of XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Susquehanna downgraded shares of XPO from a “positive” rating to a “neutral” rating and lowered their target price for the company from $160.00 to $155.00 in a research note on Tuesday, January 7th. JPMorgan Chase & Co. upped their target price on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a research note on Friday, December 6th. Finally, The Goldman Sachs Group upped their target price on shares of XPO from $150.00 to $167.00 and gave the company a “buy” rating in a research note on Thursday, December 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat, XPO presently has an average rating of “Moderate Buy” and a consensus target price of $150.00.

XPO Trading Up 0.5 %

XPO opened at $136.21 on Wednesday. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market cap of $15.85 billion, a price-to-earnings ratio of 44.08, a price-to-earnings-growth ratio of 1.70 and a beta of 2.11. The firm has a 50 day simple moving average of $145.53 and a 200 day simple moving average of $124.50. XPO has a fifty-two week low of $80.26 and a fifty-two week high of $161.00.

XPO (NYSE:XPO) last posted its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. XPO’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.88 earnings per share. On average, sell-side analysts anticipate that XPO will post 3.6 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Stifel Financial Corp lifted its stake in XPO by 159.1% in the third quarter. Stifel Financial Corp now owns 70,407 shares of the transportation company’s stock valued at $7,569,000 after acquiring an additional 43,237 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in XPO in the third quarter valued at $534,000. Traynor Capital Management Inc. lifted its stake in XPO by 125.2% in the third quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company’s stock valued at $2,596,000 after acquiring an additional 13,422 shares during the last quarter. PCJ Investment Counsel Ltd. lifted its stake in XPO by 36.2% in the third quarter. PCJ Investment Counsel Ltd. now owns 40,410 shares of the transportation company’s stock valued at $4,344,000 after acquiring an additional 10,740 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in XPO by 36.2% in the third quarter. JPMorgan Chase & Co. now owns 698,831 shares of the transportation company’s stock valued at $75,131,000 after acquiring an additional 185,686 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

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.