XPO (NYSE:XPO) Issues Earnings Results

XPO (NYSE:XPO) released its quarterly earnings results on Thursday. The transportation company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.21, Zacks reports. XPO had a return on equity of 31.16% and a net margin of 4.57%.

XPO Stock Performance

Shares of NYSE XPO traded up $9.83 during midday trading on Thursday, hitting $146.14. 1,383,697 shares of the company’s stock were exchanged, compared to its average volume of 1,512,098. XPO has a 12 month low of $97.03 and a 12 month high of $161.00. The company’s 50 day moving average price is $141.35 and its 200 day moving average price is $127.57. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. The firm has a market capitalization of $17.01 billion, a PE ratio of 47.36, a price-to-earnings-growth ratio of 1.75 and a beta of 2.12.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citigroup raised their price target on shares of XPO from $155.00 to $179.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Wells Fargo & Company lowered their price target on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday, January 7th. Stifel Nicolaus lifted their target price on XPO from $124.00 to $147.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. Stephens reaffirmed an “overweight” rating and issued a $165.00 price target on shares of XPO in a research note on Wednesday, December 4th. Finally, Jefferies Financial Group increased their price objective on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, January 10th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have given a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $151.06.

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.