XPO, Inc. (NYSE:XPO) Given Consensus Rating of “Moderate Buy” by Brokerages

XPO, Inc. (NYSE:XPO) has received an average rating of “Moderate Buy” from the seventeen ratings firms that are covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell rating, fifteen have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have covered the stock in the last year is $130.24.

Several equities research analysts have commented on the stock. Susquehanna upped their target price on shares of XPO from $145.00 to $160.00 and gave the company a “positive” rating in a research note on Wednesday, September 18th. Stifel Nicolaus upped their price target on shares of XPO from $120.00 to $125.00 and gave the company a “buy” rating in a report on Monday, August 5th. TD Cowen cut their price objective on shares of XPO from $143.00 to $142.00 and set a “buy” rating on the stock in a research report on Thursday, September 5th. Evercore ISI reduced their target price on shares of XPO from $129.00 to $125.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Benchmark restated a “buy” rating and issued a $140.00 price target on shares of XPO in a report on Thursday, September 19th.

Hedge Funds Weigh In On XPO

Hedge funds have recently modified their holdings of the stock. Mather Group LLC. acquired a new stake in XPO in the 1st quarter valued at about $27,000. Riverview Trust Co acquired a new stake in XPO in the 1st quarter valued at about $31,000. Blue Trust Inc. lifted its stake in XPO by 25,800.0% in the 2nd quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock valued at $27,000 after purchasing an additional 258 shares during the last quarter. Quest Partners LLC acquired a new stake in XPO in the 2nd quarter valued at about $28,000. Finally, ORG Partners LLC acquired a new stake in XPO in the 1st quarter valued at about $36,000. Institutional investors own 97.73% of the company’s stock.

XPO Stock Down 1.4 %

Shares of NYSE:XPO opened at $105.95 on Friday. XPO has a 52 week low of $65.80 and a 52 week high of $130.51. The company has a debt-to-equity ratio of 2.63, a quick ratio of 1.00 and a current ratio of 1.00. The company has a market capitalization of $12.33 billion, a PE ratio of 51.94, a PEG ratio of 1.80 and a beta of 2.10. The company has a 50 day moving average price of $112.67 and a two-hundred day moving average price of $112.56.

XPO (NYSE:XPO) last issued its earnings results on Thursday, August 1st. The transportation company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.01 by $0.11. XPO had a net margin of 4.48% and a return on equity of 32.49%. The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter in the prior year, the firm earned $0.71 earnings per share. The business’s quarterly revenue was up 8.5% on a year-over-year basis. Analysts forecast that XPO will post 3.59 earnings per share for the current year.

About XPO

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.