XPO (NYSE:XPO) Price Target Raised to $145.00 at Raymond James

XPO (NYSE:XPO) had its price target lifted by Raymond James from $130.00 to $145.00 in a report published on Monday morning, Benzinga reports. Raymond James currently has an outperform rating on the transportation company’s stock.

Several other research analysts have also weighed in on XPO. Morgan Stanley lowered shares of XPO from an equal weight rating to an underweight rating and boosted their price objective for the stock from $75.00 to $80.00 in a research note on Monday, February 12th. Citigroup lifted their target price on shares of XPO from $100.00 to $135.00 and gave the stock a buy rating in a report on Thursday, February 8th. Barclays boosted their price objective on shares of XPO from $100.00 to $125.00 and gave the company an overweight rating in a report on Thursday, February 8th. The Goldman Sachs Group increased their target price on shares of XPO from $98.00 to $126.00 and gave the stock a buy rating in a research report on Thursday, February 8th. Finally, Susquehanna increased their target price on shares of XPO from $100.00 to $140.00 and gave the stock a positive rating in a research report on Thursday, February 8th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have issued a buy rating to the stock. According to data from MarketBeat.com, XPO currently has an average rating of Moderate Buy and a consensus target price of $109.15.

XPO Stock Down 2.0 %

Shares of XPO stock opened at $123.26 on Monday. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. XPO has a 1 year low of $33.12 and a 1 year high of $130.51. The firm’s fifty day moving average price is $121.81 and its two-hundred day moving average price is $96.54. The firm has a market capitalization of $14.34 billion, a P/E ratio of 76.56, a PEG ratio of 3.03 and a beta of 2.19.

XPO (NYSE:XPO) last released its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.62 by $0.15. The company had revenue of $1.94 billion for the quarter, compared to analyst estimates of $1.92 billion. XPO had a net margin of 2.44% and a return on equity of 29.85%. XPO’s revenue for the quarter was up 6.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.98 EPS. On average, equities analysts predict that XPO will post 3.46 EPS for the current fiscal year.

Hedge Funds Weigh In On XPO

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Money Concepts Capital Corp lifted its stake in XPO by 673.0% in the 4th quarter. Money Concepts Capital Corp now owns 773 shares of the transportation company’s stock valued at $26,000 after purchasing an additional 673 shares during the last quarter. Mather Group LLC. bought a new position in XPO in the 1st quarter valued at approximately $27,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of XPO by 170.2% during the fourth quarter. Benjamin F. Edwards & Company Inc. now owns 335 shares of the transportation company’s stock valued at $30,000 after acquiring an additional 211 shares during the last quarter. International Assets Investment Management LLC bought a new position in shares of XPO during the third quarter valued at $31,000. Finally, Riverview Trust Co bought a new position in shares of XPO during the first quarter valued at $31,000. Institutional investors own 97.73% of the company’s stock.

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.