XPO, Inc. (NYSE:XPO) Receives $147.31 Consensus Target Price from Brokerages

Shares of XPO, Inc. (NYSE:XPO) have earned a consensus recommendation of “Moderate Buy” from the seventeen research firms that are covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and fifteen have given a buy recommendation to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $149.24.

Several research analysts have recently commented on XPO shares. Stephens reissued an “overweight” rating and issued a $165.00 price target on shares of XPO in a research report on Wednesday, December 4th. Jefferies Financial Group increased their price target on shares of XPO from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Friday. Oppenheimer lifted their price objective on shares of XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a research report on Thursday, December 12th. Wells Fargo & Company decreased their target price on shares of XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Finally, Citigroup lifted their price target on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th.

Institutional Trading of XPO

Several institutional investors and hedge funds have recently bought and sold shares of the business. D1 Capital Partners L.P. boosted its stake in shares of XPO by 84.2% in the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock worth $506,484,000 after buying an additional 2,153,042 shares during the last quarter. State Street Corp lifted its holdings in XPO by 1.1% in the third quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock valued at $373,903,000 after acquiring an additional 37,486 shares during the period. Clearbridge Investments LLC boosted its position in XPO by 11.3% in the 2nd quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock worth $264,124,000 after purchasing an additional 253,519 shares in the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of XPO by 0.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock worth $165,299,000 after purchasing an additional 10,318 shares during the period. Finally, Dimensional Fund Advisors LP increased its holdings in shares of XPO by 9.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,500,368 shares of the transportation company’s stock valued at $159,243,000 after purchasing an additional 130,322 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors and hedge funds.

XPO Stock Down 2.2 %

Shares of XPO stock opened at $134.18 on Friday. 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 stock has a market cap of $15.62 billion, a price-to-earnings ratio of 43.42, a PEG ratio of 2.37 and a beta of 2.11. The firm’s 50-day moving average is $145.55 and its two-hundred day moving average is $123.93. XPO has a 1 year low of $80.26 and a 1 year high of $161.00.

XPO (NYSE:XPO) last released its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The firm had revenue of $2.05 billion for 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%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same period last year, the firm earned $0.88 earnings per share. As a group, research analysts expect that XPO will post 3.62 earnings per share for the current fiscal year.

XPO Company Profile

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.