XPO (NYSE:XPO) Upgraded at Stifel Nicolaus

Stifel Nicolaus upgraded shares of XPO (NYSE:XPO) from a hold rating to a buy rating in a research note published on Monday morning, MarketBeat reports. The brokerage currently has $147.00 price objective on the transportation company’s stock.

Other equities research analysts have also issued research reports about the company. Raymond James lowered their price objective on XPO from $170.00 to $165.00 and set an “outperform” rating on the stock in a research report on Friday, February 7th. Wells Fargo & Company lowered their price target on shares of XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, January 7th. JPMorgan Chase & Co. lifted their price objective on shares of XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Susquehanna raised shares of XPO from a “neutral” rating to a “positive” rating and increased their target price for the stock from $155.00 to $180.00 in a research note on Friday, February 7th. Finally, Oppenheimer lifted their price target on XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. Sixteen investment analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $161.13.

XPO Trading Up 0.2 %

Shares of XPO stock opened at $122.32 on Monday. The stock has a market cap of $14.34 billion, a PE ratio of 37.87, a price-to-earnings-growth ratio of 1.79 and a beta of 2.12. The firm has a fifty day moving average price of $136.63 and a 200 day moving average price of $130.34. XPO has a 1 year low of $97.03 and a 1 year high of $161.00. The company has a debt-to-equity ratio of 2.08, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. Equities research analysts predict that XPO will post 4.15 earnings per share for the current year.

Institutional Investors Weigh In On XPO

A number of large investors have recently modified their holdings of XPO. Versant Capital Management Inc purchased a new position in shares of XPO in the fourth quarter worth about $29,000. Halbert Hargrove Global Advisors LLC purchased a new position in XPO in the 4th quarter worth approximately $42,000. Cullen Frost Bankers Inc. boosted its holdings in shares of XPO by 69.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company’s stock worth $42,000 after purchasing an additional 130 shares during the last quarter. Larson Financial Group LLC boosted its holdings in shares of XPO by 25.6% during the 4th quarter. Larson Financial Group LLC now owns 373 shares of the transportation company’s stock worth $49,000 after purchasing an additional 76 shares during the last quarter. Finally, Brooklyn Investment Group purchased a new stake in shares of XPO in the third quarter valued at approximately $57,000. Hedge funds and other institutional investors 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.