XPO, Inc. (NYSE:XPO) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• Analysts give XPO an average recommendation of "Moderate Buy" from 24 brokers (1 sell, 6 hold, 16 buy, 1 strong buy) with an average 12‑month price target of about $181.57.
• Several major firms have raised targets recently—Oppenheimer to $228, BMO to $230, JPMorgan to $189 and Wells Fargo to $205—though Wolfe Research downgraded XPO to "peer perform," reflecting mixed analyst views.
• XPO posted an EPS beat ($0.88 vs. $0.76 expected) and $2.01B in revenue, while the stock trades around $206 (52‑week range $85.06–$220.50) with a market cap of ~$24.1B and a high institutional ownership rate (~97.7%).

Shares of XPO, Inc. (NYSE:XPO - Get Free Report) have received an average recommendation of "Moderate Buy" from the twenty-four brokerages that are presently covering the company, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have given a hold recommendation, sixteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is $181.5714.

A number of research analysts have issued reports on XPO shares. JPMorgan Chase & Co. boosted their target price on XPO from $160.00 to $189.00 and gave the company an "overweight" rating in a research note on Friday, February 6th. Oppenheimer boosted their price objective on XPO from $198.00 to $228.00 and gave the company an "outperform" rating in a research report on Tuesday. Wells Fargo & Company raised their target price on shares of XPO from $147.00 to $205.00 and gave the stock an "overweight" rating in a report on Friday, February 6th. Wolfe Research cut shares of XPO from an "outperform" rating to a "peer perform" rating in a report on Thursday, January 8th. Finally, BMO Capital Markets set a $230.00 price objective on shares of XPO in a research report on Thursday, February 19th.

XPO Stock Down 3.9%

Shares of NYSE XPO opened at $206.09 on Friday. XPO has a 52-week low of $85.06 and a 52-week high of $220.50. The company has a debt-to-equity ratio of 1.75, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a market cap of $24.14 billion, a P/E ratio of 77.77, a P/E/G ratio of 2.78 and a beta of 1.94. The firm has a 50 day moving average price of $171.48 and a 200 day moving average price of $147.26.

XPO (NYSE:XPO - Get Free Report) last posted its earnings results on Thursday, February 5th. The transportation company reported $0.88 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.12. XPO had a net margin of 3.87% and a return on equity of 25.07%. The company had revenue of $2.01 billion for the quarter, compared to analyst estimates of $1.95 billion. During the same period last year, the business posted $0.89 earnings per share. The business's revenue for the quarter was up 4.7% compared to the same quarter last year. Analysts expect that XPO will post 4.15 EPS for the current year.

Institutional Trading of XPO

A number of institutional investors have recently modified their holdings of XPO. Bayforest Capital Ltd lifted its stake in XPO by 72.8% in the third quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company's stock valued at $25,000 after acquiring an additional 83 shares during the last quarter. Toth Financial Advisory Corp lifted its stake in XPO by 100.0% in the 4th quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company's stock valued at $27,000 after purchasing an additional 100 shares during the last quarter. Elyxium Wealth LLC acquired a new stake in XPO in the 4th quarter valued at about $28,000. Root Financial Partners LLC bought a new position in XPO during the third quarter worth about $32,000. Finally, Torren Management LLC bought a new position in XPO during the fourth quarter worth about $37,000. 97.73% of the stock is currently owned by institutional investors.

About XPO

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company's operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.

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