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

Shares of XPO, Inc. (NYSE:XPO) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-four analysts that are currently covering the firm, MarketBeat reports. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have given a buy rating and one has assigned a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $182.1429.

Several research analysts have weighed in on XPO shares. Morgan Stanley reiterated an “underweight” rating and issued a $95.00 target price on shares of XPO in a research note on Thursday, February 5th. Wolfe Research downgraded XPO from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 8th. Stephens reiterated an “overweight” rating and issued a $170.00 price objective on shares of XPO in a research report on Tuesday, January 6th. Benchmark reissued a “buy” rating on shares of XPO in a research note on Tuesday, March 3rd. Finally, Zacks Research raised shares of XPO from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th.

XPO Stock Performance

NYSE XPO opened at $186.40 on Tuesday. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.75. XPO has a 52-week low of $85.06 and a 52-week high of $220.50. The business’s 50-day moving average price is $186.32 and its 200 day moving average price is $154.36. The firm has a market cap of $21.84 billion, a P/E ratio of 70.34, a P/E/G ratio of 2.45 and a beta of 1.94.

XPO (NYSE:XPO) last issued its quarterly earnings results on Thursday, February 5th. The transportation company reported $0.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.12. The firm had revenue of $2.01 billion for the quarter, compared to analysts’ expectations of $1.95 billion. XPO had a return on equity of 25.07% and a net margin of 3.87%.The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.89 EPS. On average, equities research analysts expect that XPO will post 4.15 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in XPO. Bayforest Capital Ltd raised its holdings in XPO by 72.8% during the third quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after purchasing an additional 83 shares in the last quarter. Toth Financial Advisory Corp lifted its position in XPO by 100.0% in the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 100 shares during the period. Elyxium Wealth LLC purchased a new stake in XPO in the 4th quarter valued at approximately $28,000. Root Financial Partners LLC purchased a new stake in XPO in the 3rd quarter valued at approximately $32,000. Finally, Torren Management LLC acquired a new position in XPO during the 4th quarter worth approximately $37,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

About XPO

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.