XPO's (XPO) "Overweight" Rating Reaffirmed at Stephens

Stephens restated their overweight rating on shares of XPO (NYSE:XPO - Free Report) in a report issued on Monday morning, Benzinga reports. They currently have a $150.00 price objective on the transportation company's stock.

Other research analysts have also issued research reports about the stock. Stifel Nicolaus increased their target price on shares of XPO from $77.00 to $87.00 and gave the stock a hold rating in a research note on Wednesday, January 10th. Citigroup lifted their target price on XPO from $100.00 to $135.00 and gave the company a buy rating in a research report on Thursday, February 8th. Raymond James increased their price target on shares of XPO from $130.00 to $145.00 and gave the stock an outperform rating in a research report on Monday, April 15th. The Goldman Sachs Group lifted their price objective on shares of XPO from $98.00 to $126.00 and gave the company a buy rating in a report on Thursday, February 8th. Finally, Bank of America raised their price target on shares of XPO from $137.00 to $139.00 and gave the company a buy rating in a research report on Monday, April 15th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and fifteen have assigned a buy rating to the company. According to MarketBeat.com, XPO has a consensus rating of Moderate Buy and a consensus target price of $114.95.

XPO Trading Down 1.7 %

XPO stock traded down $1.86 during midday trading on Monday, hitting $110.70. 1,933,268 shares of the stock were exchanged, 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 capitalization of $12.88 billion, a price-to-earnings ratio of 54.26, a PEG ratio of 2.69 and a beta of 2.17. The stock's 50-day simple moving average is $120.60 and its 200 day simple moving average is $100.62. XPO has a fifty-two week low of $45.24 and a fifty-two week high of $130.51.

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

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in XPO. Flputnam Investment Management Co. grew its position in XPO by 1.9% in the 3rd quarter. Flputnam Investment Management Co. now owns 7,773 shares of the transportation company's stock valued at $580,000 after buying an additional 145 shares during the last quarter. Cambridge Investment Research Advisors Inc. increased its stake in shares of XPO by 1.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 14,006 shares of the transportation company's stock worth $1,046,000 after acquiring an additional 160 shares during the period. CWM LLC lifted its position in XPO by 25.2% in the fourth quarter. CWM LLC now owns 796 shares of the transportation company's stock valued at $70,000 after purchasing an additional 160 shares during the period. M&T Bank Corp boosted its holdings in XPO by 3.1% in the 3rd quarter. M&T Bank Corp now owns 5,469 shares of the transportation company's stock valued at $408,000 after purchasing an additional 165 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its position in XPO by 20.5% during the 3rd quarter. Nomura Asset Management Co. Ltd. now owns 1,000 shares of the transportation company's stock worth $75,000 after purchasing an additional 170 shares during the period. Hedge funds and other 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.