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

XPO, Inc. (NYSE:XPO) has earned an average recommendation of “Moderate Buy” from the sixteen ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, one has given a hold rating and fourteen have assigned a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $148.25.

XPO has been the subject of several recent research reports. Barclays lifted their price objective on XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a report on Wednesday, November 13th. Stifel Nicolaus boosted their price target on shares of XPO from $125.00 to $126.00 and gave the company a “buy” rating in a report on Monday, October 21st. Citigroup increased their price objective on shares of XPO from $155.00 to $179.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Oppenheimer upped their target price on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Finally, TD Cowen lifted their price target on XPO from $137.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 31st.

Institutional Trading of XPO

Several large investors have recently bought and sold shares of the stock. First Hawaiian Bank lifted its stake in shares of XPO by 51.7% during the fourth quarter. First Hawaiian Bank now owns 14,460 shares of the transportation company’s stock worth $1,896,000 after buying an additional 4,928 shares during the period. Oliver Luxxe Assets LLC lifted its position in XPO by 5.5% during the 4th quarter. Oliver Luxxe Assets LLC now owns 20,559 shares of the transportation company’s stock worth $2,696,000 after acquiring an additional 1,066 shares during the period. Everence Capital Management Inc. purchased a new stake in XPO during the 4th quarter valued at about $395,000. GAMMA Investing LLC increased its holdings in shares of XPO by 20.2% in the fourth quarter. GAMMA Investing LLC now owns 1,135 shares of the transportation company’s stock valued at $149,000 after purchasing an additional 191 shares during the period. Finally, Versant Capital Management Inc purchased a new position in shares of XPO in the fourth quarter worth about $29,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Trading Up 1.2 %

XPO stock opened at $137.12 on Friday. The company has a market capitalization of $15.96 billion, a PE ratio of 44.38, a P/E/G ratio of 2.37 and a beta of 2.11. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. XPO has a 12 month low of $80.26 and a 12 month high of $161.00. The firm’s 50-day moving average is $145.47 and its 200 day moving average is $123.60.

XPO (NYSE:XPO) last announced its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The firm had revenue of $2.05 billion during the quarter, compared to analyst estimates of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. XPO’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.88 earnings per share. On average, research analysts anticipate that XPO will post 3.62 EPS for the current year.

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.