XPO, Inc. (NYSE:XPO) Receives $143.13 Consensus Target Price from Analysts

XPO, Inc. (NYSE:XPO) has earned an average recommendation of “Moderate Buy” from the sixteen research firms that are currently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation and fifteen have assigned a buy recommendation to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $147.31.

A number of equities research analysts recently issued reports on the stock. The Goldman Sachs Group increased their target price on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research report on Thursday. Stifel Nicolaus upped their target price on shares of XPO from $125.00 to $126.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. Evercore ISI dropped their target price on XPO from $129.00 to $125.00 and set an “outperform” rating for the company in a research report on Thursday, October 3rd. Stephens reiterated an “overweight” rating and issued a $165.00 price target on shares of XPO in a report on Wednesday, December 4th. Finally, JPMorgan Chase & Co. boosted their price objective on XPO from $146.00 to $160.00 and gave the stock an “overweight” rating in a report on Friday, December 6th.

Institutional Investors Weigh In On XPO

A number of hedge funds and other institutional investors have recently made changes to their positions in XPO. Perennial Investment Advisors LLC grew its position in XPO by 5.5% in the second quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company’s stock valued at $210,000 after purchasing an additional 103 shares in the last quarter. Coldstream Capital Management Inc. grew its holdings in shares of XPO by 5.0% in the 3rd quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock valued at $245,000 after acquiring an additional 107 shares in the last quarter. CIBC Asset Management Inc grew its holdings in shares of XPO by 3.6% in the 3rd quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock valued at $359,000 after acquiring an additional 116 shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its position in shares of XPO by 9.8% in the second quarter. Emerald Mutual Fund Advisers Trust now owns 1,416 shares of the transportation company’s stock valued at $150,000 after acquiring an additional 126 shares during the last quarter. Finally, Stephens Inc. AR raised its holdings in XPO by 6.4% during the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock worth $256,000 after acquiring an additional 142 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors and hedge funds.

XPO Stock Down 1.2 %

Shares of XPO stock opened at $156.30 on Wednesday. XPO has a one year low of $80.26 and a one year high of $159.43. 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 stock has a fifty day moving average price of $135.67 and a 200 day moving average price of $118.97. The stock has a market cap of $18.19 billion, a P/E ratio of 50.62, a price-to-earnings-growth ratio of 2.40 and a beta of 2.08.

XPO (NYSE:XPO) last released its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.13. The company had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The firm’s revenue for the quarter was up 3.7% compared to the same quarter last year. During the same period last year, the firm earned $0.88 EPS. Analysts predict that XPO will post 3.62 earnings per share for the current year.

XPO Company Profile

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.