Analysts Set XPO, Inc. (NYSE:XPO) PT at $141.13

Shares of XPO, Inc. (NYSE:XPO) have earned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating and fifteen have issued a buy rating on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $141.13.

A number of analysts recently weighed in on the stock. Barclays upped their target price on shares of XPO from $150.00 to $170.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 13th. Wells Fargo & Company upped their target price on shares of XPO from $119.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, October 31st. Citigroup raised their target price on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. JPMorgan Chase & Co. decreased their price target on XPO from $147.00 to $143.00 and set an “overweight” rating on the stock in a research note on Friday, September 6th. Finally, Benchmark restated a “buy” rating and set a $140.00 target price on shares of XPO in a research report on Thursday, September 19th.

XPO Price Performance

XPO opened at $144.47 on Friday. The stock’s 50-day moving average price is $119.54 and its 200 day moving average price is $113.57. XPO has a 12-month low of $78.72 and a 12-month high of $156.85. The firm has a market cap of $16.82 billion, a price-to-earnings ratio of 47.18, a PEG ratio of 2.19 and a beta of 2.07. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04.

XPO (NYSE:XPO) last announced its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, topping 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 the consensus estimate of $2.02 billion. During the same period in the prior year, the firm earned $0.88 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. As a group, sell-side analysts expect that XPO will post 3.62 earnings per share for the current year.

Institutional Trading of XPO

Institutional investors and hedge funds have recently modified their holdings of the business. Neo Ivy Capital Management bought a new position in shares of XPO during the third quarter worth about $534,000. Coldstream Capital Management Inc. boosted its stake in XPO by 5.0% during the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock valued at $245,000 after buying an additional 107 shares in the last quarter. Vestcor Inc grew its stake in shares of XPO by 159.0% in the 3rd quarter. Vestcor Inc now owns 34,700 shares of the transportation company’s stock worth $3,731,000 after purchasing an additional 21,300 shares during the last quarter. Resources Management Corp CT ADV grew its position in XPO by 27.8% in the third quarter. Resources Management Corp CT ADV now owns 9,689 shares of the transportation company’s stock worth $1,042,000 after buying an additional 2,105 shares during the last quarter. Finally, M&T Bank Corp grew its holdings in shares of XPO by 3.5% in the 3rd quarter. M&T Bank Corp now owns 5,421 shares of the transportation company’s stock worth $583,000 after acquiring an additional 185 shares during the last quarter. 97.73% of the stock is owned by institutional investors and hedge funds.

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.