XPO, Inc. (NYSE:XPO) Given Consensus Rating of "Moderate Buy" by Analysts

XPO, Inc. (NYSE:XPO - Get Free Report) has earned a consensus rating of "Moderate Buy" from the twenty-one brokerages that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, four have given a hold recommendation and sixteen have assigned a buy recommendation to the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $116.60.

XPO has been the topic of several recent analyst reports. Citigroup increased their target price on XPO from $100.00 to $135.00 and gave the stock a "buy" rating in a research report on Thursday, February 8th. Barclays raised their target price on shares of XPO from $100.00 to $125.00 and gave the stock an "overweight" rating in a research report on Thursday, February 8th. Morgan Stanley lowered shares of XPO from an "equal weight" rating to an "underweight" rating and upped their price target for the stock from $75.00 to $80.00 in a research report on Monday, February 12th. JPMorgan Chase & Co. lifted their price target on shares of XPO from $97.00 to $122.00 and gave the company an "overweight" rating in a report on Thursday, February 8th. Finally, Raymond James boosted their price objective on shares of XPO from $130.00 to $145.00 and gave the company an "outperform" rating in a research note on Monday, April 15th.

XPO Trading Up 2.8 %

Shares of NYSE XPO traded up $2.97 during midday trading on Friday, reaching $108.37. 1,269,426 shares of the stock were exchanged, compared to its average volume of 1,860,429. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 2.49. The company has a market capitalization of $12.61 billion, a P/E ratio of 53.12, a P/E/G ratio of 1.50 and a beta of 2.17. The stock has a 50 day moving average price of $117.23 and a 200-day moving average price of $103.93. XPO has a 52-week low of $46.65 and a 52-week high of $130.51.

XPO (NYSE:XPO - Get Free Report) last released its earnings results on Friday, May 3rd. The transportation company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.68 by $0.13. XPO had a net margin of 3.08% and a return on equity of 30.77%. The firm had revenue of $2.02 billion during the quarter, compared to analysts' expectations of $2.01 billion. During the same period in the previous year, the company earned $0.56 EPS. XPO's revenue for the quarter was up 5.8% on a year-over-year basis. Equities research analysts expect that XPO will post 3.61 earnings per share for the current fiscal year.

Insider Activity

In related news, major shareholder Mfn Partners, Lp sold 1,250,000 shares of XPO stock in a transaction on Wednesday, May 15th. The shares were sold at an average price of $112.98, for a total transaction of $141,225,000.00. Following the sale, the insider now owns 11,425,369 shares of the company's stock, valued at approximately $1,290,838,189.62. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.00% of the company's stock.

Institutional Investors Weigh In On XPO

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Capital Research Global Investors grew its holdings 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 acquiring an additional 3,094,390 shares in the last quarter. Deutsche Bank AG grew 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 acquiring an additional 1,294,002 shares in the last quarter. Norges Bank acquired a new position in XPO during the 4th quarter worth $79,592,000. Eminence Capital LP grew its holdings in XPO by 137.4% during the 3rd quarter. Eminence Capital LP now owns 1,191,311 shares of the transportation company's stock worth $88,943,000 after acquiring an additional 689,457 shares in the last quarter. Finally, Clearbridge Investments LLC grew its holdings in XPO by 33.4% during the 1st quarter. Clearbridge Investments LLC now owns 2,234,691 shares of the transportation company's stock worth $272,699,000 after acquiring an additional 560,079 shares in the last quarter. 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.