XPO (NYSE:XPO) Price Target Raised to $147.00

XPO (NYSE:XPO) had its price objective boosted by Stifel Nicolaus from $124.00 to $147.00 in a research note issued to investors on Thursday morning,Benzinga reports. Stifel Nicolaus currently has a hold rating on the transportation company’s stock.

XPO has been the subject of several other research reports. TD Cowen boosted their price objective on XPO from $137.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 31st. Citigroup boosted their target price on shares of XPO from $155.00 to $179.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Benchmark upped their price target on XPO from $150.00 to $155.00 and gave the stock a “buy” rating in a research note on Wednesday, January 15th. Susquehanna downgraded XPO from a “positive” rating to a “neutral” rating and cut their price objective for the company from $160.00 to $155.00 in a report on Tuesday, January 7th. Finally, The Goldman Sachs Group raised their target price on XPO from $150.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $151.06.

XPO Price Performance

NYSE XPO opened at $139.01 on Thursday. The company has a market cap of $16.18 billion, a PE ratio of 44.99, a P/E/G ratio of 1.79 and a beta of 2.11. The firm’s 50 day moving average price is $143.49 and its 200-day moving average price is $126.01. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. XPO has a 52-week low of $82.78 and a 52-week high of $161.00.

XPO (NYSE:XPO) last released 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. The company had revenue of $2.05 billion during 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 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. Sell-side analysts forecast that XPO will post 3.58 EPS for the current fiscal year.

Hedge Funds Weigh In On XPO

A number of large investors have recently bought and sold shares of XPO. UMB Bank n.a. increased its holdings in shares of XPO by 19.0% during the 4th quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after buying an additional 86 shares during the last quarter. Coldstream Capital Management Inc. lifted its stake 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 purchasing an additional 107 shares in the last quarter. Greenleaf Trust lifted its stake in shares of XPO by 5.0% in the 4th quarter. Greenleaf Trust now owns 2,374 shares of the transportation company’s stock valued at $311,000 after purchasing an additional 114 shares in the last quarter. CIBC Asset Management Inc increased its position in XPO by 3.6% during the 3rd quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock worth $359,000 after purchasing an additional 116 shares in the last quarter. Finally, Stephens Inc. AR raised its holdings in XPO by 6.4% in the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock valued at $256,000 after buying an additional 142 shares during the period. Hedge funds and other 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.