Stifel Nicolaus Issues Positive Forecast for XPO (NYSE:XPO) Stock Price

XPO (NYSE:XPO) had its price objective upped by investment analysts at Stifel Nicolaus from $124.00 to $147.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has a “hold” rating on the transportation company’s stock. Stifel Nicolaus’ target price would suggest a potential upside of 5.74% from the company’s current price.

A number of other brokerages have also weighed in on XPO. Jefferies Financial Group increased their target price on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Oppenheimer increased their price objective on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Barclays reduced their target price on shares of XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. The Goldman Sachs Group raised their price target on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday, December 12th. Finally, Benchmark boosted their price objective on shares of XPO from $150.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, XPO currently has a consensus rating of “Moderate Buy” and an average target price of $151.06.

XPO Trading Up 0.0 %

XPO stock opened at $139.01 on Thursday. XPO has a one year low of $82.78 and a one year high of $161.00. The stock has a market cap of $16.18 billion, a price-to-earnings ratio of 44.99, a price-to-earnings-growth ratio of 1.79 and a beta of 2.11. The company has a fifty day moving average price of $143.62 and a two-hundred day moving average price of $125.77. 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 (NYSE:XPO) last announced its earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. XPO’s revenue was up 3.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.88 EPS. Equities analysts anticipate that XPO will post 3.58 EPS for the current year.

Institutional Trading of XPO

Several institutional investors and hedge funds have recently modified their holdings of XPO. UMB Bank n.a. grew its stake in shares of XPO by 19.0% during the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after buying an additional 86 shares during the last quarter. Coldstream Capital Management Inc. grew its position in XPO by 5.0% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock worth $245,000 after acquiring an additional 107 shares during the last quarter. Greenleaf Trust increased its holdings in XPO by 5.0% in the 4th quarter. Greenleaf Trust now owns 2,374 shares of the transportation company’s stock worth $311,000 after purchasing an additional 114 shares in the last quarter. CIBC Asset Management Inc raised its position in XPO by 3.6% in the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock valued at $359,000 after purchasing an additional 116 shares during the last quarter. Finally, Stephens Inc. AR boosted its stake in shares of XPO by 6.4% during the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock valued at $256,000 after purchasing an additional 142 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors.

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.