XPO (XPO) – Investment Analysts’ Weekly Ratings Changes

XPO (NYSE: XPO) recently received a number of ratings updates from brokerages and research firms:

• 12/12/2024 – XPO had its price target raised by analysts at Oppenheimer Holdings Inc. from $148.00 to $176.00. They now have an “outperform” rating on the stock.
• 12/12/2024 – XPO had its price target raised by analysts at The Goldman Sachs Group, Inc. from $150.00 to $167.00. They now have a “buy” rating on the stock.
• 12/6/2024 – XPO had its price target raised by analysts at JPMorgan Chase & Co. from $146.00 to $160.00. They now have an “overweight” rating on the stock.
• 12/4/2024 – XPO had its “overweight” rating reaffirmed by analysts at Stephens. They now have a $165.00 price target on the stock.
• 11/13/2024 – XPO had its price target raised by analysts at Barclays PLC from $150.00 to $170.00. They now have an “overweight” rating on the stock.
• 11/12/2024 – XPO had its price target raised by analysts at Citigroup Inc. from $155.00 to $179.00. They now have a “buy” rating on the stock.
• 10/31/2024 – XPO had its price target raised by analysts at Wells Fargo & Company from $119.00 to $150.00. They now have an “overweight” rating on the stock.
• 10/31/2024 – XPO had its price target raised by analysts at Barclays PLC from $145.00 to $150.00. They now have an “overweight” rating on the stock.
• 10/31/2024 – XPO had its price target raised by analysts at Citigroup Inc. from $127.00 to $155.00. They now have a “buy” rating on the stock.
• 10/31/2024 – XPO had its price target raised by analysts at TD Cowen from $137.00 to $150.00. They now have a “buy” rating on the stock.
• 10/21/2024 – XPO had its price target raised by analysts at Stifel Nicolaus from $125.00 to $126.00. They now have a “buy” rating on the stock.

XPO Price Performance

XPO opened at $156.30 on Monday. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. The company’s 50-day moving average price is $136.67 and its 200 day moving average price is $119.46. XPO, Inc. has a fifty-two week low of $80.26 and a fifty-two week high of $159.43. The firm has a market cap of $18.19 billion, a price-to-earnings ratio of 50.58, a price-to-earnings-growth ratio of 2.37 and a beta of 2.08.

XPO (NYSE:XPO) last posted its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $2.05 billion for the quarter, compared to analysts’ expectations of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The firm’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period last year, the business posted $0.88 earnings per share. As a group, sell-side analysts expect that XPO, Inc. will post 3.62 earnings per share for the current year.

Institutional Investors Weigh In On XPO

Several institutional investors have recently bought and sold shares of the stock. ORG Wealth Partners LLC acquired a new position in shares of XPO during the 3rd quarter valued at $25,000. Blue Trust Inc. raised its position in XPO by 25,800.0% in the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock worth $27,000 after acquiring an additional 258 shares in the last quarter. Quest Partners LLC bought a new stake in XPO in the second quarter worth about $28,000. International Assets Investment Management LLC bought a new position in shares of XPO during the 2nd quarter valued at about $36,000. Finally, UMB Bank n.a. grew its stake in shares of XPO by 356.6% in the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock worth $49,000 after purchasing an additional 353 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

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.