Analysts Set XPO, Inc. (NYSE:XPO) PT at $138.00

Shares of XPO, Inc. (NYSE:XPO) have been assigned a consensus recommendation of “Moderate Buy” from the twenty research firms that are covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation and nineteen have assigned a buy recommendation to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $138.00.

XPO has been the subject of a number of recent analyst reports. Jefferies Financial Group reaffirmed a “buy” rating and issued a $140.00 price objective (up previously from $135.00) on shares of XPO in a report on Tuesday, June 10th. Evercore ISI lifted their price objective on shares of XPO from $115.00 to $116.00 and gave the company an “outperform” rating in a report on Thursday, May 1st. Bank of America boosted their target price on shares of XPO from $139.00 to $150.00 and gave the stock a “buy” rating in a research note on Monday, July 7th. Barclays boosted their target price on shares of XPO from $135.00 to $145.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. Finally, Benchmark boosted their target price on shares of XPO from $130.00 to $140.00 and gave the stock a “buy” rating in a research note on Tuesday, July 15th.

Institutional Trading of XPO

Institutional investors and hedge funds have recently modified their holdings of the stock. Sowell Financial Services LLC purchased a new stake in shares of XPO during the first quarter worth about $247,000. Allspring Global Investments Holdings LLC increased its stake in shares of XPO by 14.2% during the first quarter. Allspring Global Investments Holdings LLC now owns 24,632 shares of the transportation company’s stock worth $2,689,000 after purchasing an additional 3,057 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of XPO by 50.9% during the first quarter. Teacher Retirement System of Texas now owns 21,454 shares of the transportation company’s stock worth $2,308,000 after purchasing an additional 7,237 shares in the last quarter. Capstone Investment Advisors LLC purchased a new stake in shares of XPO during the fourth quarter worth about $354,000. Finally, Vontobel Holding Ltd. grew its stake in XPO by 88.0% during the 1st quarter. Vontobel Holding Ltd. now owns 3,719 shares of the transportation company’s stock valued at $400,000 after acquiring an additional 1,741 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Up 7.4%

XPO opened at $137.4040 on Monday. XPO has a fifty-two week low of $85.06 and a fifty-two week high of $161.00. The company has a debt-to-equity ratio of 1.88, a quick ratio of 1.02 and a current ratio of 1.01. The company has a fifty day moving average of $127.85 and a two-hundred day moving average of $119.26. The stock has a market capitalization of $16.18 billion, a price-to-earnings ratio of 47.54, a PEG ratio of 2.47 and a beta of 1.97.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, July 31st. The transportation company reported $1.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.99 by $0.06. XPO had a net margin of 4.32% and a return on equity of 26.48%. The company had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.05 billion. During the same quarter in the previous year, the company earned $1.12 earnings per share. The firm’s revenue for the quarter was up .0% on a year-over-year basis. On average, research analysts expect that XPO will post 4.15 earnings per share for the current 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.