XPO (NYSE:XPO) Price Target Raised to $138.00 at TD Cowen

XPO (NYSE:XPO - Free Report) had its price target increased by TD Cowen from $136.00 to $138.00 in a research note released on Monday, MarketBeat.com reports. The brokerage currently has a buy rating on the transportation company's stock.

A number of other research firms have also recently issued reports on XPO. BMO Capital Markets increased their target price on XPO from $100.00 to $145.00 and gave the stock an outperform rating in a research note on Thursday, February 8th. Citigroup increased their target price on XPO from $100.00 to $135.00 and gave the stock a buy rating in a research note on Thursday, February 8th. Stifel Nicolaus increased their target price on XPO from $77.00 to $87.00 and gave the stock a hold rating in a research note on Wednesday, January 10th. Barclays increased their target price on XPO from $100.00 to $125.00 and gave the stock an overweight rating in a research note on Thursday, February 8th. Finally, JPMorgan Chase & Co. increased their target price on XPO from $97.00 to $122.00 and gave the stock an overweight rating in a research note on Thursday, February 8th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and fifteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of Moderate Buy and a consensus price target of $114.95.

XPO Trading Down 1.7 %

Shares of XPO stock traded down $1.86 on Monday, reaching $110.70. The company had a trading volume of 1,933,268 shares, compared to its average volume of 1,441,527. The company has a current ratio of 0.94, a quick ratio of 1.00 and a debt-to-equity ratio of 2.49. The stock has a market cap of $12.88 billion, a PE ratio of 54.26, a PEG ratio of 2.69 and a beta of 2.17. The company has a 50-day moving average of $120.60 and a 200-day moving average of $100.62. XPO has a 12 month low of $45.24 and a 12 month high of $130.51.

XPO (NYSE:XPO - Get Free Report) last announced its quarterly earnings results on Friday, May 3rd. The transportation company reported $0.81 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.13. The company had revenue of $2.02 billion during the quarter, compared to analysts' expectations of $2.01 billion. XPO had a return on equity of 30.77% and a net margin of 3.08%. XPO's revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business posted $0.56 EPS. On average, equities analysts forecast that XPO will post 3.49 earnings per share for the current year.

Institutional Investors Weigh In On XPO

A number of large investors have recently added to or reduced their stakes in XPO. Commonwealth Equity Services LLC raised its stake in XPO by 2.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 19,896 shares of the transportation company's stock valued at $1,486,000 after acquiring an additional 495 shares during the period. Cambridge Investment Research Advisors Inc. raised its stake in XPO by 1.2% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 14,006 shares of the transportation company's stock valued at $1,046,000 after acquiring an additional 160 shares during the period. Raymond James Financial Services Advisors Inc. raised its stake in XPO by 17.7% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 42,754 shares of the transportation company's stock valued at $3,192,000 after acquiring an additional 6,426 shares during the period. Brown Advisory Inc. raised its stake in XPO by 5.2% in the 3rd quarter. Brown Advisory Inc. now owns 7,778 shares of the transportation company's stock valued at $581,000 after acquiring an additional 386 shares during the period. Finally, Zurcher Kantonalbank Zurich Cantonalbank increased its position in XPO by 20.7% during the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,806 shares of the transportation company's stock worth $1,703,000 after buying an additional 3,906 shares during the period. Institutional investors own 97.73% of the company's stock.

XPO Company Profile

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.