XPO, Inc. (NYSE:XPO) Given Average Recommendation of “Moderate Buy” by Brokerages

XPO, Inc. (NYSE:XPO) has been given a consensus recommendation of “Moderate Buy” by the sixteen ratings firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation and fifteen have assigned a buy recommendation to the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $147.31.

XPO has been the topic of a number of research analyst reports. The Goldman Sachs Group lifted their target price on XPO from $150.00 to $167.00 and gave the company a “buy” rating in a research report on Thursday, December 12th. 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 report on Friday, December 6th. Evercore ISI lowered their target price on shares of XPO from $129.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday, October 3rd. 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 research note on Monday, October 21st. Finally, TD Cowen increased their price objective on shares of XPO from $137.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 31st.

XPO Price Performance

NYSE:XPO opened at $157.95 on Wednesday. XPO has a one year low of $80.26 and a one year high of $161.00. The stock has a market cap of $18.39 billion, a PE ratio of 51.12, a P/E/G ratio of 2.37 and a beta of 2.08. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The stock has a 50 day moving average price of $138.74 and a 200 day moving average price of $120.18.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in XPO. ORG Wealth Partners LLC acquired a new position in shares of XPO during the 3rd quarter worth about $25,000. 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 valued at $27,000 after purchasing an additional 258 shares in the last quarter. Quest Partners LLC purchased a new position in XPO in the second quarter valued at approximately $28,000. International Assets Investment Management LLC acquired a new stake in XPO during the second quarter worth approximately $36,000. Finally, UMB Bank n.a. raised its holdings in XPO by 356.6% during the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after purchasing an additional 353 shares in the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

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.