XPO, Inc. (NYSE:XPO) Given Average Rating of "Moderate Buy" by Brokerages

Key Points

• XPO, Inc. has received an average rating of "Moderate Buy" from 20 brokerages, with 19 buy ratings and one sell rating.
• The average 12-month price target set by analysts for XPO is $138.00, with recent target increases from various firms, including UBS Group raising it to $150.00.
• In its latest quarterly earnings report, XPO reported a EPS of $1.05, beating analyst expectations and demonstrating year-over-year revenue growth.

XPO, Inc. (NYSE:XPO - Get Free Report) has earned an average recommendation of "Moderate Buy" from the twenty research firms that are presently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating and nineteen have issued a buy rating on the company. The average 1 year price target among brokers that have covered the stock in the last year is $138.00.

Several equities analysts have recently commented on XPO shares. Evercore ISI boosted their target price on shares of XPO from $115.00 to $116.00 and gave the company an "outperform" rating in a research report on Thursday, May 1st. Susquehanna boosted their target price on shares of XPO from $138.00 to $145.00 and gave the company a "positive" rating in a research report on Wednesday, June 18th. Citigroup upgraded shares of XPO from a "neutral" rating to a "buy" rating and set a $140.00 target price for the company in a research report on Friday, August 1st. UBS Group upped their price objective on shares of XPO from $123.00 to $150.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Finally, Truist Financial upped their price objective on shares of XPO from $125.00 to $135.00 and gave the stock a "buy" rating in a research report on Monday, June 30th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of XPO. RMG Wealth Management LLC acquired a new position in shares of XPO during the second quarter worth approximately $26,000. SouthState Corp acquired a new position in shares of XPO during the first quarter worth approximately $25,000. MassMutual Private Wealth & Trust FSB raised its position in shares of XPO by 89.0% during the first quarter. MassMutual Private Wealth & Trust FSB now owns 240 shares of the transportation company's stock worth $26,000 after purchasing an additional 113 shares during the period. EverSource Wealth Advisors LLC raised its position in shares of XPO by 35.8% during the second quarter. EverSource Wealth Advisors LLC now owns 334 shares of the transportation company's stock worth $42,000 after purchasing an additional 88 shares during the period. Finally, FNY Investment Advisers LLC acquired a new position in shares of XPO during the second quarter worth approximately $42,000. Institutional investors and hedge funds own 97.73% of the company's stock.

XPO Stock Performance

Shares of XPO stock traded up $3.4420 on Monday, reaching $131.3220. The stock had a trading volume of 1,138,301 shares, compared to its average volume of 1,295,059. The company has a quick ratio of 1.02, a current ratio of 1.01 and a debt-to-equity ratio of 1.88. The firm's 50-day moving average is $127.27 and its two-hundred day moving average is $119.18. The firm has a market capitalization of $15.46 billion, a price-to-earnings ratio of 45.44, a P/E/G ratio of 2.47 and a beta of 1.97. XPO has a 12 month low of $85.06 and a 12 month high of $161.00.

XPO (NYSE:XPO - Get Free Report) last announced its quarterly earnings results on Thursday, July 31st. The transportation company reported $1.05 EPS for the quarter, beating analysts' consensus estimates of $0.99 by $0.06. XPO had a net margin of 4.32% and a return on equity of 26.48%. The business had revenue of $2.08 billion for the quarter, compared to analyst estimates of $2.05 billion. During the same quarter in the prior year, the business earned $1.12 EPS. XPO's quarterly revenue was up .0% on a year-over-year basis. On average, research analysts expect that XPO will post 4.15 EPS for the current fiscal year.

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.