XPO (NYSE:XPO) Stock Rating Upgraded by Stifel Nicolaus

Stifel Nicolaus upgraded shares of XPO (NYSE:XPO - Free Report) from a hold rating to a buy rating in a report released on Friday, Marketbeat.com reports. They currently have $120.00 price target on the transportation company's stock, up from their prior price target of $115.00.

A number of other equities analysts have also recently weighed in on XPO. Stephens reaffirmed an overweight rating and set a $150.00 price target on shares of XPO in a research note on Monday, May 6th. TD Cowen upped their price target on shares of XPO from $136.00 to $138.00 and gave the stock a buy rating in a research note on Monday, May 6th. JPMorgan Chase & Co. boosted their price objective on shares of XPO from $97.00 to $122.00 and gave the stock an overweight rating in a research report on Thursday, February 8th. Oppenheimer boosted their price objective on shares of XPO from $130.00 to $140.00 and gave the stock an outperform rating in a research report on Wednesday, April 10th. Finally, Benchmark boosted their price objective on shares of XPO from $125.00 to $140.00 and gave the stock a buy rating in a research report on Tuesday, April 16th. Two investment analysts have rated the stock with a sell rating, four have assigned a hold rating and sixteen have assigned a buy rating to the company's stock. According to MarketBeat, XPO presently has an average rating of Moderate Buy and a consensus price target of $116.60.

XPO Stock Performance

XPO traded up $2.97 during trading on Friday, hitting $108.37. The stock had a trading volume of 1,269,166 shares, compared to its average volume of 1,424,105. The company has a debt-to-equity ratio of 2.49, a quick ratio of 0.94 and a current ratio of 0.94. The firm has a market capitalization of $12.61 billion, a P/E ratio of 51.68, a PEG ratio of 1.50 and a beta of 2.17. The company's 50-day moving average price is $117.51 and its 200 day moving average price is $103.57. XPO has a twelve month low of $46.65 and a twelve month high of $130.51.

XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings results on Friday, May 3rd. The transportation company reported $0.81 earnings per share for the quarter, topping analysts' consensus estimates of $0.68 by $0.13. XPO had a net margin of 3.08% and a return on equity of 30.77%. The business 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 company posted $0.56 EPS. The business's revenue for the quarter was up 5.8% on a year-over-year basis. On average, equities research analysts forecast that XPO will post 3.61 EPS for the current fiscal year.

Insider Activity

In other news, major shareholder Mfn Partners, Lp sold 1,250,000 shares of the company's stock in a transaction dated 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 completion of the transaction, 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 filing with the SEC, which is available at this hyperlink. Corporate insiders own 2.00% of the company's stock.

Institutional Trading of XPO

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Cetera Advisors LLC acquired a new stake in XPO during the 1st quarter worth approximately $235,000. Virtu Financial LLC increased its position in XPO by 144.8% during the 1st quarter. Virtu Financial LLC now owns 14,575 shares of the transportation company's stock worth $1,778,000 after purchasing an additional 8,622 shares in the last quarter. Comerica Bank grew its position in XPO by 10.8% in the first quarter. Comerica Bank now owns 54,529 shares of the transportation company's stock valued at $6,654,000 after acquiring an additional 5,336 shares in the last quarter. Motley Fool Asset Management LLC acquired a new stake in XPO in the first quarter valued at approximately $221,000. Finally, Interval Partners LP grew its position in XPO by 48,850.0% in the first quarter. Interval Partners LP now owns 195,000 shares of the transportation company's stock valued at $23,796,000 after acquiring an additional 195,400 shares in the last quarter. Institutional investors and hedge funds 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.