XPO, Inc. (NYSE:XPO) Receives $225.86 Average PT from Brokerages

XPO, Inc. (NYSE:XPO) has been assigned an average recommendation of “Moderate Buy” from the twenty-five analysts that are covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation, seventeen have assigned a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $225.8571.

XPO has been the subject of a number of research analyst reports. Bank of America increased their price target on XPO from $244.00 to $246.00 and gave the stock a “buy” rating in a report on Thursday, June 4th. Citigroup reduced their price objective on shares of XPO from $226.00 to $221.00 and set a “neutral” rating on the stock in a report on Friday, July 31st. Benchmark upped their target price on shares of XPO from $220.00 to $240.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Wells Fargo & Company increased their target price on shares of XPO from $235.00 to $250.00 and gave the stock an “overweight” rating in a research note on Friday, June 5th. Finally, Evercore upgraded shares of XPO from an “in-line” rating to an “outperform” rating in a research report on Wednesday, July 1st.

Insider Activity at XPO

In related news, Director Allison Landry sold 2,400 shares of the stock in a transaction that occurred 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 completion of the transaction, the director owned 4,849 shares of the company’s stock, valued at approximately $1,045,492.89. This trade represents a 33.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.87% of the company’s stock.

Institutional Investors Weigh In On XPO

Institutional investors and hedge funds have recently modified their holdings of the company. Toth Financial Advisory Corp increased its stake in XPO by 100.0% during the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock worth $27,000 after purchasing an additional 100 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of XPO during the fourth quarter worth about $28,000. Torren Management LLC purchased a new position in shares of XPO in the fourth quarter valued at approximately $37,000. International Assets Investment Management LLC purchased a new position in shares of XPO in the fourth quarter valued at approximately $41,000. Finally, Horizon Investments LLC acquired a new position in shares of XPO in the third quarter valued at approximately $39,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Performance

XPO stock opened at $200.27 on Monday. The firm has a 50 day simple moving average of $209.69 and a 200-day simple moving average of $200.74. The stock has a market cap of $23.45 billion, a price-to-earnings ratio of 59.08, a price-to-earnings-growth ratio of 2.13 and a beta of 1.85. The company has a debt-to-equity ratio of 1.55, a current ratio of 1.01 and a quick ratio of 1.01. XPO has a 1-year low of $117.98 and a 1-year high of $232.05.

XPO (NYSE:XPO) last released its quarterly earnings results on Thursday, July 30th. The transportation company reported $1.70 EPS for the quarter, beating the consensus estimate of $1.48 by $0.22. The firm had revenue of $2.35 billion for the quarter, compared to analyst estimates of $2.28 billion. XPO had a net margin of 4.71% and a return on equity of 29.64%. The business’s revenue for the quarter was up 13.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.05 EPS. On average, analysts expect that XPO will post 5.38 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.