Brokerages Set XPO, Inc. (NYSE:XPO) Target Price at $182.14

Shares of XPO, Inc. (NYSE:XPO) have been assigned an average rating of “Moderate Buy” from the twenty-four research firms that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average 12-month price target among brokerages that have updated their coverage on the stock in the last year is $182.1429.

XPO has been the subject of several research reports. Morgan Stanley reaffirmed an “underweight” rating and set a $95.00 price objective on shares of XPO in a research note on Thursday, February 5th. Truist Financial boosted their target price on XPO from $160.00 to $200.00 and gave the stock a “buy” rating in a report on Friday, February 6th. Citigroup upped their price target on XPO from $167.00 to $205.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Oppenheimer increased their price target on XPO from $198.00 to $228.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Finally, Wolfe Research downgraded XPO from an “outperform” rating to a “peer perform” rating in a research report on Thursday, January 8th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Rockefeller Capital Management L.P. boosted its position in shares of XPO by 9.7% during the 4th quarter. Rockefeller Capital Management L.P. now owns 2,507 shares of the transportation company’s stock valued at $341,000 after acquiring an additional 221 shares during the last quarter. Corient Private Wealth LLC increased its position in XPO by 15.8% during the fourth quarter. Corient Private Wealth LLC now owns 4,845 shares of the transportation company’s stock worth $658,000 after purchasing an additional 660 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in XPO by 80,100.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 802 shares of the transportation company’s stock worth $109,000 after purchasing an additional 801 shares during the period. Virtu Financial LLC acquired a new position in XPO in the 4th quarter valued at about $2,215,000. Finally, Compound Planning Inc. boosted its holdings in XPO by 12.5% in the 4th quarter. Compound Planning Inc. now owns 2,320 shares of the transportation company’s stock valued at $315,000 after purchasing an additional 258 shares during the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Trading Up 1.2%

Shares of XPO opened at $200.81 on Tuesday. XPO has a 52-week low of $85.06 and a 52-week high of $220.50. The stock has a market cap of $23.52 billion, a PE ratio of 75.78, a price-to-earnings-growth ratio of 2.57 and a beta of 1.94. The firm’s fifty day moving average is $189.29 and its two-hundred day moving average is $155.43. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.75.

XPO (NYSE:XPO) last issued its earnings results on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.12. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.95 billion. XPO had a net margin of 3.87% and a return on equity of 25.07%. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.89 earnings per share. Research analysts forecast that XPO will post 4.15 earnings per share for the current fiscal year.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.