Brokerages Set XPO, Inc. (NYSE:XPO) Target Price at $139.80

XPO, Inc. (NYSE:XPO) has received a consensus recommendation of “Moderate Buy” from the twenty-one ratings firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and nineteen have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued ratings on the stock in the last year is $141.25.

Several research firms have recently weighed in on XPO. Bank of America lifted their price objective on shares of XPO from $139.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, July 7th. Morgan Stanley lowered their price objective on shares of XPO from $84.00 to $83.00 and set an “underweight” rating for the company in a research note on Monday, October 6th. UBS Group boosted their price target on shares of XPO from $150.00 to $162.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Wall Street Zen upgraded shares of XPO from a “sell” rating to a “hold” rating in a research note on Saturday, August 2nd. Finally, Raymond James Financial restated an “outperform” rating on shares of XPO in a research note on Tuesday.

XPO Stock Performance

NYSE:XPO opened at $128.50 on Tuesday. The company has a fifty day moving average of $129.64 and a 200-day moving average of $121.29. The firm has a market capitalization of $15.13 billion, a P/E ratio of 44.46, a P/E/G ratio of 2.59 and a beta of 1.95. The company has a quick ratio of 1.02, a current ratio of 1.01 and a debt-to-equity ratio of 1.88. XPO has a twelve month low of $85.06 and a twelve month high of $161.00.

XPO (NYSE:XPO) last released its quarterly earnings data on Tuesday, April 11th. The transportation company reported $0.64 earnings per share for the quarter. The company had revenue of ($2,243.00) million during the quarter. XPO had a net margin of 4.32% and a return on equity of 26.48%. As a group, sell-side analysts anticipate that XPO will post 4.15 EPS for the current year.

Insider Buying and Selling

In other XPO news, Director Allison Landry sold 3,250 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were sold at an average price of $135.04, for a total transaction of $438,880.00. Following the completion of the sale, the director owned 5,875 shares in the company, valued at approximately $793,360. The trade was a 35.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 2.00% of the company’s stock.

Institutional Trading of XPO

Hedge funds and other institutional investors have recently bought and sold shares of the business. RMG Wealth Management LLC bought a new stake in XPO during the 2nd quarter valued at $26,000. SouthState Corp bought a new stake in XPO during the 1st quarter valued at $25,000. EverSource Wealth Advisors LLC increased its stake in XPO by 35.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 88 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in XPO during the 2nd quarter worth $42,000. Finally, MassMutual Private Wealth & Trust FSB boosted its holdings in XPO by 46.3% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 351 shares of the transportation company’s stock worth $44,000 after acquiring an additional 111 shares during the last quarter. 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.