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

XPO, Inc. (NYSE:XPO) has received a consensus rating of “Moderate Buy” from the twenty-five research firms that are currently covering the company, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, seventeen have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $178.1739.

Several analysts have weighed in on the company. UBS Group set a $210.00 price objective on XPO and gave the stock a “buy” rating in a report on Friday, February 6th. Susquehanna cut shares of XPO from a “positive” rating to a “neutral” rating and lifted their price target for the stock from $160.00 to $210.00 in a research report on Wednesday. JPMorgan Chase & Co. increased their price objective on shares of XPO from $160.00 to $189.00 and gave the company an “overweight” rating in a report on Friday, February 6th. Morgan Stanley reaffirmed an “underweight” rating and set a $95.00 target price on shares of XPO in a report on Thursday, February 5th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $180.00 price target on shares of XPO in a research note on Thursday, February 5th.

Institutional Trading of XPO

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

XPO Stock Performance

XPO stock opened at $195.37 on Monday. The company has a 50 day moving average price of $154.11 and a 200 day moving average price of $139.40. XPO has a fifty-two week low of $85.06 and a fifty-two week high of $207.04. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.05 and a quick ratio of 1.05. The stock has a market capitalization of $22.89 billion, a PE ratio of 73.73, a price-to-earnings-growth ratio of 2.57 and a beta of 2.01.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.12. The firm had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.95 billion. XPO had a return on equity of 25.07% and a net margin of 3.87%.The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period last year, the company earned $0.89 EPS. Analysts forecast that XPO will post 4.15 EPS for the current 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.