XPO, Inc. (NYSE:XPO) Receives Average Recommendation of “Moderate Buy” from Brokerages

XPO, Inc. (NYSE:XPO) has been given an average rating of “Moderate Buy” by the twenty-four analysts that are currently covering the company, MarketBeat.com reports. One analyst has rated the stock with a sell rating, four have assigned a hold rating, eighteen have given a buy rating and one has given a strong buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $152.2857.

A number of equities analysts recently commented on the company. Susquehanna reduced their price objective on XPO from $162.00 to $160.00 and set a “positive” rating on the stock in a research report on Monday, January 5th. Raymond James Financial lifted their price target on XPO from $132.00 to $150.00 and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Wolfe Research lowered shares of XPO from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 8th. JPMorgan Chase & Co. reduced their target price on shares of XPO from $163.00 to $160.00 and set an “overweight” rating on the stock in a research note on Monday. Finally, Citigroup cut shares of XPO from a “buy” rating to a “neutral” rating and increased their price target for the company from $164.00 to $171.00 in a research note on Wednesday, January 7th.

Institutional Investors Weigh In On XPO

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Bayforest Capital Ltd grew its position in XPO by 72.8% in the 3rd quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 83 shares in the last quarter. RMG Wealth Management LLC purchased a new position in shares of XPO in the second quarter valued at approximately $26,000. Root Financial Partners LLC acquired a new position in shares of XPO in the third quarter valued at approximately $32,000. Horizon Investments LLC acquired a new position in shares of XPO in the third quarter valued at approximately $39,000. Finally, FNY Investment Advisers LLC purchased a new stake in XPO during the 2nd quarter worth approximately $42,000. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Stock Performance

XPO opened at $150.13 on Thursday. XPO has a twelve month low of $85.06 and a twelve month high of $155.08. The firm has a market capitalization of $17.62 billion, a PE ratio of 54.00, a PEG ratio of 2.59 and a beta of 2.02. The company has a current ratio of 1.02, a quick ratio of 1.02 and a debt-to-equity ratio of 1.77. The firm’s 50-day moving average price is $140.50 and its 200 day moving average price is $133.88.

XPO (NYSE:XPO) last released its earnings results on Thursday, October 30th. The transportation company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.01 by $0.06. The business had revenue of $2.11 billion for the quarter, compared to analyst estimates of $2.08 billion. XPO had a net margin of 4.13% and a return on equity of 26.14%. The business’s revenue was up 2.8% on a year-over-year basis. During the same period last year, the company posted $1.02 EPS. As a group, sell-side analysts expect that XPO will post 4.15 EPS for the current fiscal year.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.