Barclays Lowers XPO (NYSE:XPO) Price Target to $165.00

XPO (NYSE:XPO) had its price objective reduced by analysts at Barclays from $170.00 to $165.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has an “overweight” rating on the transportation company’s stock. Barclays‘s price objective points to a potential upside of 19.72% from the stock’s current price.

Several other research analysts have also recently weighed in on the company. Wells Fargo & Company lowered their price objective on XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Evercore ISI decreased their target price on shares of XPO from $129.00 to $125.00 and set an “outperform” rating on the stock in a research report on Thursday, October 3rd. Stifel Nicolaus downgraded shares of XPO from a “buy” rating to a “hold” rating and dropped their price target for the company from $131.00 to $124.00 in a research report on Wednesday. Susquehanna downgraded XPO from a “positive” rating to a “neutral” rating and reduced their price target for the stock from $160.00 to $155.00 in a research report on Tuesday, January 7th. Finally, JPMorgan Chase & Co. lifted their price objective on XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, December 6th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $149.71.

XPO Trading Down 0.5 %

XPO stock opened at $137.82 on Friday. XPO has a one year low of $81.19 and a one year high of $161.00. The stock has a market cap of $16.04 billion, a price-to-earnings ratio of 44.60, a price-to-earnings-growth ratio of 1.70 and a beta of 2.11. The company has a fifty day moving average price of $144.69 and a two-hundred day moving average price of $125.03. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO) last announced its quarterly earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating 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 business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same quarter in the prior year, the business earned $0.88 EPS. XPO’s quarterly revenue was up 3.7% on a year-over-year basis. Equities analysts anticipate that XPO will post 3.6 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. D1 Capital Partners L.P. increased its stake in shares of XPO by 84.2% in the third quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock valued at $506,484,000 after buying an additional 2,153,042 shares during the period. State Street Corp increased its position in XPO by 1.1% during the 3rd quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock valued at $373,903,000 after purchasing an additional 37,486 shares during the period. Clearbridge Investments LLC lifted its position in shares of XPO by 11.3% in the 2nd quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock worth $264,124,000 after purchasing an additional 253,519 shares during the period. Massachusetts Financial Services Co. MA boosted its stake in shares of XPO by 0.7% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock valued at $165,299,000 after purchasing an additional 10,318 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of XPO by 9.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,500,368 shares of the transportation company’s stock worth $159,243,000 after buying an additional 130,322 shares during the period. Institutional investors own 97.73% of the company’s stock.

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.