Brokerages Set XPO, Inc. (NYSE:XPO) PT at $190.86

XPO, Inc. (NYSE:XPO) has been assigned a consensus recommendation of “Moderate Buy” from the twenty-four brokerages that are covering the stock, MarketBeat reports. One analyst has rated the stock with a sell recommendation, six have assigned a hold recommendation, sixteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among brokerages that have updated their coverage on the stock in the last year is $190.8571.

Several analysts have recently issued reports on XPO shares. Weiss Ratings restated a “hold (c)” rating on shares of XPO in a research report on Wednesday, January 21st. Citigroup upped their price objective on XPO from $205.00 to $207.00 and gave the company a “neutral” rating in a research report on Tuesday, April 7th. Evercore set a $200.00 price objective on XPO in a research report on Friday, February 6th. Wall Street Zen upgraded XPO from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $180.00 price objective on shares of XPO in a research report on Thursday, February 5th.

Institutional Trading of XPO

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Capital World Investors lifted its position in shares of XPO by 7.3% in the third quarter. Capital World Investors now owns 10,860,803 shares of the transportation company’s stock valued at $1,403,973,000 after acquiring an additional 735,450 shares in the last quarter. Invesco Ltd. lifted its position in XPO by 19.8% during the third quarter. Invesco Ltd. now owns 6,267,881 shares of the transportation company’s stock worth $810,249,000 after buying an additional 1,036,434 shares during the period. Durable Capital Partners LP lifted its position in XPO by 20.5% during the third quarter. Durable Capital Partners LP now owns 4,331,280 shares of the transportation company’s stock worth $559,905,000 after buying an additional 736,224 shares during the period. Orbis Allan Gray Ltd lifted its position in XPO by 15.8% during the fourth quarter. Orbis Allan Gray Ltd now owns 3,652,589 shares of the transportation company’s stock worth $496,423,000 after buying an additional 499,220 shares during the period. Finally, Clearbridge Investments LLC lifted its position in XPO by 9.7% during the fourth quarter. Clearbridge Investments LLC now owns 2,970,231 shares of the transportation company’s stock worth $403,684,000 after buying an additional 261,935 shares during the period. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

XPO Stock Down 2.4%

XPO opened at $216.72 on Friday. The business’s fifty day moving average is $203.72 and its two-hundred day moving average is $166.92. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.05 and a current ratio of 1.05. The company has a market cap of $25.44 billion, a price-to-earnings ratio of 81.78, a PEG ratio of 2.88 and a beta of 1.94. XPO has a one year low of $100.10 and a one year high of $231.46.

XPO (NYSE:XPO) last posted its earnings results on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. XPO had a return on equity of 25.07% and a net margin of 3.87%.The company had revenue of $2.01 billion for the quarter, compared to the consensus estimate of $1.95 billion. During the same period in the previous year, the business earned $0.89 earnings per share. XPO’s quarterly revenue was up 4.7% compared to the same quarter last year. Analysts anticipate that XPO will post 4.49 EPS for the current fiscal year.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.