XPO, Inc. (NYSE:XPO) Receives $111.65 Consensus Target Price from Analysts

XPO, Inc. (NYSE:XPO - Get Free Report) has received an average recommendation of "Moderate Buy" from the twenty-one ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, six have given a hold recommendation and fourteen have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $111.65.

Several brokerages recently weighed in on XPO. Bank of America raised their target price on XPO from $137.00 to $139.00 and gave the company a "buy" rating in a research note on Monday, April 15th. Stifel Nicolaus increased their target price on XPO from $77.00 to $87.00 and gave the company a "hold" rating in a report on Wednesday, January 10th. Oppenheimer upped their price target on XPO from $130.00 to $140.00 and gave the company an "outperform" rating in a research report on Wednesday, April 10th. Morgan Stanley lowered shares of XPO from an "equal weight" rating to an "underweight" rating and increased their price target for the stock from $75.00 to $80.00 in a research report on Monday, February 12th. Finally, JPMorgan Chase & Co. upped their price objective on shares of XPO from $97.00 to $122.00 and gave the company an "overweight" rating in a research note on Thursday, February 8th.

Hedge Funds Weigh In On XPO

A number of institutional investors and hedge funds have recently bought and sold shares of XPO. Capital Research Global Investors lifted its position in XPO by 49.9% during the 4th quarter. Capital Research Global Investors now owns 9,290,937 shares of the transportation company's stock worth $813,824,000 after buying an additional 3,094,390 shares in the last quarter. Deutsche Bank AG lifted its holdings in XPO by 12,894.9% during the 3rd quarter. Deutsche Bank AG now owns 1,304,037 shares of the transportation company's stock worth $97,359,000 after buying an additional 1,294,002 shares in the last quarter. Norges Bank bought a new position in XPO in the 4th quarter valued at $79,592,000. Eminence Capital LP increased its stake in shares of XPO by 137.4% in the 3rd quarter. Eminence Capital LP now owns 1,191,311 shares of the transportation company's stock valued at $88,943,000 after buying an additional 689,457 shares during the period. Finally, Invesco Ltd. raised its position in shares of XPO by 76.5% during the third quarter. Invesco Ltd. now owns 1,258,725 shares of the transportation company's stock worth $93,976,000 after acquiring an additional 545,485 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company's stock.

XPO Stock Performance

XPO stock traded down $3.32 during mid-day trading on Tuesday, reaching $107.40. The company had a trading volume of 2,482,597 shares, compared to its average volume of 1,378,148. XPO has a one year low of $42.86 and a one year high of $130.51. The stock has a market capitalization of $12.49 billion, a P/E ratio of 66.71, a P/E/G ratio of 2.67 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. The stock's 50-day simple moving average is $121.51 and its two-hundred day simple moving average is $99.63.

XPO (NYSE:XPO - Get Free Report) last posted its earnings results on Wednesday, February 7th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.15. The firm had revenue of $1.94 billion during the quarter, compared to analyst estimates of $1.92 billion. XPO had a net margin of 2.44% and a return on equity of 29.85%. XPO's revenue was up 6.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.98 EPS. Research analysts anticipate that XPO will post 3.47 EPS for the current year.

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.