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

XPO, Inc. (NYSE:XPO) has been given a consensus rating of “Moderate Buy” by the twenty-four analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, five have given a hold rating, sixteen have given a buy rating and two have given a strong buy rating to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $217.3810.

XPO has been the topic of a number of analyst reports. Morgan Stanley set a $105.00 target price on shares of XPO and gave the company an “underweight” rating in a report on Friday, May 1st. Raymond James Financial reissued an “outperform” rating and set a $233.00 target price on shares of XPO in a report on Friday, May 1st. The Goldman Sachs Group reissued a “buy” rating and set a $220.00 target price on shares of XPO in a report on Thursday, April 30th. JPMorgan Chase & Co. boosted their target price on shares of XPO from $208.00 to $210.00 and gave the company an “overweight” rating in a report on Monday, June 8th. Finally, Stifel Nicolaus set a $237.00 target price on shares of XPO in a report on Friday, May 1st.

XPO Trading Up 0.1%

NYSE:XPO opened at $227.88 on Friday. The company has a current ratio of 0.99, a quick ratio of 0.99 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $26.76 billion, a PE ratio of 78.04, a price-to-earnings-growth ratio of 2.65 and a beta of 1.83. The firm’s 50 day moving average is $213.19 and its 200 day moving average is $183.52. XPO has a 12 month low of $116.68 and a 12 month high of $232.05.

XPO (NYSE:XPO) last posted its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, topping analysts’ consensus estimates of $0.89 by $0.12. The company had revenue of $2.10 billion for the quarter, compared to analysts’ expectations of $2.04 billion. XPO had a net margin of 4.19% and a return on equity of 26.21%. XPO’s revenue was up 7.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.73 EPS. Sell-side analysts expect that XPO will post 4.85 earnings per share for the current year.

Insider Transactions at XPO

In other XPO news, Director Allison Landry sold 2,400 shares of the business’s stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $215.61, for a total transaction of $517,464.00. Following the sale, the director owned 4,849 shares of the company’s stock, valued at $1,045,492.89. The trade was a 33.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.87% of the stock is owned by insiders.

Institutional Investors Weigh In On XPO

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. DV Trading LLC raised its holdings in XPO by 2,233.9% during the 1st quarter. DV Trading LLC now owns 1,307 shares of the transportation company’s stock valued at $254,000 after acquiring an additional 1,251 shares during the period. Parallel Advisors LLC raised its holdings in XPO by 13.2% during the 1st quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 49 shares during the period. Groupama Asset Managment grew its position in shares of XPO by 0.7% during the 1st quarter. Groupama Asset Managment now owns 653,083 shares of the transportation company’s stock valued at $127,057,000 after purchasing an additional 4,607 shares in the last quarter. CTC Alternative Strategies Ltd. purchased a new position in shares of XPO during the 1st quarter valued at $681,000. Finally, Bank of America Corp DE grew its position in shares of XPO by 4.9% during the 1st quarter. Bank of America Corp DE now owns 447,301 shares of the transportation company’s stock valued at $87,022,000 after purchasing an additional 21,064 shares in the last quarter. Institutional investors own 97.73% of the company’s stock.

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.