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

XPO, Inc. (NYSE:XPO) has been assigned an average rating of “Moderate Buy” from the sixteen analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell rating and fifteen have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $141.13.

XPO has been the topic of a number of analyst reports. Susquehanna upped their target price on shares of XPO from $145.00 to $160.00 and gave the company a “positive” rating in a research note on Wednesday, September 18th. Oppenheimer reiterated an “outperform” rating and issued a $140.00 price objective on shares of XPO in a research report on Friday, October 4th. Stephens reaffirmed an “overweight” rating and issued a $150.00 price objective on shares of XPO in a research note on Thursday, September 5th. 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 research report on Thursday, October 31st. Finally, The Goldman Sachs Group decreased their price objective on XPO from $139.00 to $136.00 and set a “buy” rating for the company in a research note on Wednesday, October 9th.

XPO Stock Down 0.9 %

XPO opened at $144.47 on Friday. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. The company has a market capitalization of $16.82 billion, a PE ratio of 47.18, a price-to-earnings-growth ratio of 2.19 and a beta of 2.07. The business has a 50-day moving average of $119.54 and a 200-day moving average of $113.57. XPO has a fifty-two week low of $78.72 and a fifty-two week high of $156.85.

XPO (NYSE:XPO) last released its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the previous year, the business earned $0.88 EPS. The business’s revenue was up 3.7% on a year-over-year basis. Equities research analysts forecast that XPO will post 3.62 EPS for the current fiscal year.

Institutional Trading of XPO

Hedge funds and other institutional investors have recently made changes to their positions in the business. ORG Wealth Partners LLC bought a new stake in XPO during the third quarter worth about $25,000. Blue Trust Inc. boosted its holdings in shares of XPO by 25,800.0% in the 2nd quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock valued at $27,000 after buying an additional 258 shares during the last quarter. Quest Partners LLC bought a new position in shares of XPO in the second quarter valued at $28,000. International Assets Investment Management LLC acquired a new position in XPO during the second quarter worth $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. bought a new stake in XPO during the second quarter worth $37,000. 97.73% of the stock is currently 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.