XPO, Inc. (NYSE:XPO) Receives Average Rating of “Moderate Buy” from Analysts

XPO, Inc. (NYSE:XPO) has earned an average recommendation of “Moderate Buy” from the seventeen research firms that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, fifteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $130.18.

A number of equities research analysts have recently weighed in on XPO shares. JPMorgan Chase & Co. reduced their price objective on shares of XPO from $147.00 to $143.00 and set an “overweight” rating on the stock in a report on Friday, September 6th. Stifel Nicolaus raised their price objective on shares of XPO from $120.00 to $125.00 and gave the company a “buy” rating in a report on Monday, August 5th. TD Cowen reduced their price objective on shares of XPO from $143.00 to $142.00 and set a “buy” rating on the stock in a report on Thursday, September 5th. Raymond James reduced their price objective on shares of XPO from $135.00 to $130.00 and set an “outperform” rating on the stock in a report on Monday, June 24th. Finally, Bank of America dropped their target price on shares of XPO from $135.00 to $134.00 and set a “buy” rating on the stock in a research report on Monday, July 22nd.

XPO Price Performance

XPO stock opened at $106.43 on Friday. The firm has a market cap of $12.39 billion, a PE ratio of 52.17, a price-to-earnings-growth ratio of 1.80 and a beta of 2.11. XPO has a 52-week low of $65.80 and a 52-week high of $130.51. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63. The company’s 50 day moving average is $112.90 and its two-hundred day moving average is $112.65.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, August 1st. The transportation company reported $1.12 earnings per share for the quarter, beating analysts’ consensus estimates of $1.01 by $0.11. XPO had a net margin of 4.48% and a return on equity of 32.49%. The business had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period last year, the business earned $0.71 EPS. The company’s revenue was up 8.5% on a year-over-year basis. On average, research analysts expect that XPO will post 3.59 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Mather Group LLC. purchased a new position in XPO during the 1st quarter worth $27,000. Riverview Trust Co purchased a new stake in shares of XPO in the first quarter valued at about $31,000. Blue Trust Inc. boosted its holdings in shares of XPO by 25,800.0% in the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 258 shares in the last quarter. Quest Partners LLC purchased a new stake in shares of XPO in the second quarter valued at about $28,000. Finally, ORG Partners LLC purchased a new stake in shares of XPO in the first quarter valued at about $36,000. 97.73% of the stock is owned by hedge funds and other 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.