XPO, Inc. (NYSE:XPO – Get Free Report) has been given an average rating of “Moderate Buy” by the seventeen brokerages that are covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a sell rating, fifteen have issued a buy rating and one has given a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $130.41.
A number of brokerages have weighed in on XPO. Oppenheimer reiterated an “outperform” rating and set a $140.00 target price on shares of XPO in a research report on Friday, October 4th. Susquehanna raised their price objective on shares of XPO from $145.00 to $160.00 and gave the stock a “positive” rating in a report on Wednesday, September 18th. Stephens reissued an “overweight” rating and set a $150.00 target price on shares of XPO in a report on Thursday, September 5th. The Goldman Sachs Group cut their price target on XPO from $139.00 to $136.00 and set a “buy” rating for the company in a report on Wednesday, October 9th. Finally, Wells Fargo & Company decreased their price objective on XPO from $125.00 to $119.00 and set an “overweight” rating on the stock in a research note on Thursday, September 5th.
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Institutional Investors Weigh In On XPO
XPO Trading Up 5.1 %
NYSE:XPO opened at $117.70 on Tuesday. XPO has a 12 month low of $65.80 and a 12 month high of $130.51. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. The firm’s 50 day moving average is $112.12 and its 200 day moving average is $111.28. The stock has a market capitalization of $13.70 billion, a PE ratio of 39.10, a price-to-earnings-growth ratio of 1.82 and a beta of 2.10.
XPO (NYSE:XPO – Get Free Report) last issued its earnings results on Thursday, August 1st. The transportation company reported $1.12 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.01 by $0.11. The firm had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.07 billion. XPO had a return on equity of 32.49% and a net margin of 4.48%. The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the previous year, the company posted $0.71 earnings per share. Sell-side analysts expect that XPO will post 3.52 earnings per share for the current year.
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.
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