XPO, Inc. (NYSE:XPO) Receives $147.31 Average Target Price from Analysts

XPO, Inc. (NYSE:XPO) has been given a consensus recommendation of “Moderate Buy” by the sixteen research firms that are covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and fourteen have given 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 $148.25.

XPO has been the subject of several analyst reports. TD Cowen raised their price objective on XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. Evercore ISI dropped their price objective 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. Benchmark reissued a “buy” rating and issued a $140.00 target price on shares of XPO in a research note on Thursday, September 19th. Oppenheimer lifted their price target on shares of XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research note on Thursday, December 12th. Finally, Stifel Nicolaus increased their price objective on shares of XPO from $125.00 to $126.00 and gave the stock a “buy” rating in a research report on Monday, October 21st.

XPO Stock Down 4.2 %

Shares of XPO opened at $135.26 on Friday. XPO has a 1 year low of $80.26 and a 1 year high of $161.00. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. The business’s 50 day simple moving average is $145.28 and its 200-day simple moving average is $123.41. The stock has a market capitalization of $15.74 billion, a price-to-earnings ratio of 43.77, a price-to-earnings-growth ratio of 2.37 and a beta of 2.11.

XPO (NYSE:XPO) last announced its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The firm had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. During the same period in the prior year, the company earned $0.88 EPS. The business’s revenue was up 3.7% compared to the same quarter last year. As a group, equities analysts expect that XPO will post 3.62 earnings per share for the current fiscal year.

Hedge Funds Weigh In On XPO

Several institutional investors have recently made changes to their positions in XPO. Perennial Investment Advisors LLC lifted its holdings in XPO by 5.5% during the second quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company’s stock worth $210,000 after buying an additional 103 shares during the period. Coldstream Capital Management Inc. lifted its stake in shares of 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 purchasing an additional 107 shares during the last quarter. CIBC Asset Management Inc boosted its position in XPO by 3.6% during 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 in the last quarter. Emerald Mutual Fund Advisers Trust grew its stake in XPO by 9.8% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company’s stock valued at $150,000 after purchasing an additional 126 shares during the last quarter. Finally, Stephens Inc. AR raised its holdings in XPO by 6.4% in the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock worth $256,000 after purchasing an additional 142 shares in the last quarter. 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.