XPO (NYSE:XPO) Sets New 52-Week High at $130.50

XPO, Inc. (NYSE:XPO - Get Free Report) reached a new 52-week high on Monday . The stock traded as high as $130.50 and last traded at $129.80, with a volume of 155616 shares trading hands. The stock had previously closed at $128.16.

Analysts Set New Price Targets

XPO has been the topic of several recent research reports. Stifel Nicolaus upped their price objective on XPO from $77.00 to $87.00 and gave the stock a "hold" rating in a report on Wednesday, January 10th. The Goldman Sachs Group boosted their target price on shares of XPO from $98.00 to $126.00 and gave the stock a "buy" rating in a report on Thursday, February 8th. Barclays upped their target price on shares of XPO from $100.00 to $125.00 and gave the company an "overweight" rating in a research report on Thursday, February 8th. Morgan Stanley cut XPO from an "equal weight" rating to an "underweight" rating and boosted their price objective for the stock from $75.00 to $80.00 in a research note on Monday, February 12th. Finally, Citigroup raised their price objective on XPO from $100.00 to $135.00 and gave the company a "buy" rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and fourteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $105.80.

XPO Stock Performance

The firm has a 50 day moving average of $117.42 and a 200-day moving average of $94.16. The company has a market cap of $14.96 billion, a P/E ratio of 79.90, a PEG ratio of 3.10 and a beta of 2.19. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63.

XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings results on Wednesday, February 7th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.62 by $0.15. The business had revenue of $1.94 billion for the quarter, compared to the consensus estimate of $1.92 billion. XPO had a return on equity of 29.85% and a net margin of 2.44%. The business's revenue was up 6.0% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.98 EPS. As a group, sell-side analysts anticipate that XPO, Inc. will post 3.45 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

Hedge funds have recently modified their holdings of the business. Rice Hall James & Associates LLC lifted its holdings in XPO by 11.4% during the first quarter. Rice Hall James & Associates LLC now owns 333,227 shares of the transportation company's stock worth $24,259,000 after buying an additional 34,158 shares during the period. Fairfield Bush & CO. bought a new stake in XPO during the first quarter valued at about $147,000. American Century Companies Inc. grew its stake in XPO by 66.8% in the first quarter. American Century Companies Inc. now owns 7,070 shares of the transportation company's stock valued at $515,000 after purchasing an additional 2,832 shares during the last quarter. HighTower Advisors LLC raised its holdings in XPO by 14.2% in the first quarter. HighTower Advisors LLC now owns 8,968 shares of the transportation company's stock worth $654,000 after purchasing an additional 1,117 shares in the last quarter. Finally, Private Advisor Group LLC bought a new stake in shares of XPO in the 1st quarter valued at about $242,000. Hedge funds and other institutional investors own 97.73% of the company's stock.

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.