Analysts Set XPO, Inc. (NYSE:XPO) Target Price at $147.31

XPO, Inc. (NYSE:XPO) has earned a consensus recommendation of “Moderate Buy” from the seventeen research firms that are covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and fifteen have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $149.24.

A number of equities analysts have weighed in on XPO shares. Wells Fargo & Company decreased their target price on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a research report on Tuesday, January 7th. Stephens reissued an “overweight” rating and set a $165.00 price objective on shares of XPO in a report on Wednesday, December 4th. Jefferies Financial Group raised their target price on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Friday. Barclays boosted their target price on shares of XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. Finally, Benchmark restated a “buy” rating and issued a $140.00 price target on shares of XPO in a research note on Thursday, September 19th.

XPO Stock Down 2.2 %

NYSE:XPO opened at $134.18 on Friday. The firm has a 50-day simple moving average of $145.55 and a two-hundred day simple moving average of $123.93. XPO has a fifty-two week low of $80.26 and a fifty-two week high of $161.00. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The firm has a market cap of $15.62 billion, a P/E ratio of 43.42, a P/E/G ratio of 2.37 and a beta of 2.11.

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

Institutional Investors Weigh In On XPO

Hedge funds and other institutional investors have recently made changes to their positions in the company. Perennial Investment Advisors LLC increased its stake in XPO by 5.5% in the second quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company’s stock worth $210,000 after purchasing an additional 103 shares during the period. Coldstream Capital Management Inc. grew its holdings in shares of XPO by 5.0% in the third 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 increased its stake in XPO by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock worth $359,000 after buying an additional 116 shares during the period. Emerald Mutual Fund Advisers Trust increased its position in shares of XPO by 9.8% during the second quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company’s stock worth $150,000 after acquiring an additional 126 shares during the period. Finally, Stephens Inc. AR raised 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 acquiring an additional 142 shares in the last quarter. Hedge funds and other institutional investors own 97.73% of the company’s stock.

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.