XPO (NYSE:XPO) Price Target Cut to $136.00 by Analysts at Stifel Nicolaus

Key Points

• XPO has had its price target revised down from $145.00 to $136.00 by Stifel Nicolaus, despite maintaining a "buy" rating, suggesting a potential upside of 13.05% from its previous close.
• Multiple analysts have differing views on XPO, with targets ranging from $125.00 to $150.00 and an overall consensus rating of "Moderate Buy."
• XPO reported $1.05 EPS for the last quarter, surpassing estimates, while its revenue increased slightly from the previous year, reaching $2.08 billion.

XPO (NYSE:XPO - Get Free Report) had its price target lowered by stock analysts at Stifel Nicolaus from $145.00 to $136.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a "buy" rating on the transportation company's stock. Stifel Nicolaus' price target points to a potential upside of 14.42% from the company's current price.

Several other equities research analysts also recently commented on the company. Barclays lifted their price objective on XPO from $135.00 to $145.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. TD Cowen reduced their price objective on XPO from $136.00 to $133.00 and set a "buy" rating for the company in a report on Friday, June 27th. Wells Fargo & Company lifted their price objective on XPO from $144.00 to $147.00 and gave the stock an "overweight" rating in a report on Friday. Raymond James Financial reduced their price objective on XPO from $165.00 to $125.00 and set an "outperform" rating for the company in a report on Tuesday, April 8th. Finally, JPMorgan Chase & Co. raised their target price on XPO from $121.00 to $130.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 8th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and nineteen have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $138.00.

XPO Stock Down 0.5%

XPO traded down $0.63 during trading on Friday, reaching $118.86. The stock had a trading volume of 396,458 shares, compared to its average volume of 1,631,894. The stock's 50 day moving average is $125.56 and its two-hundred day moving average is $120.01. The company has a current ratio of 1.01, a quick ratio of 1.02 and a debt-to-equity ratio of 1.88. The company has a market capitalization of $14.00 billion, a price-to-earnings ratio of 41.11, a P/E/G ratio of 2.33 and a beta of 1.97. XPO has a one year low of $85.06 and a one year high of $161.00.

XPO (NYSE:XPO - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The transportation company reported $1.05 earnings per share for the quarter, beating the consensus estimate of $0.99 by $0.06. XPO had a return on equity of 26.48% and a net margin of 4.32%. The firm had revenue of $2.08 billion during the quarter, compared to the consensus estimate of $2.05 billion. During the same period last year, the company earned $1.12 earnings per share. The company's revenue was up .0% on a year-over-year basis. As a group, analysts expect that XPO will post 4.15 earnings per share for the current year.

Institutional Trading of XPO

A number of large investors have recently added to or reduced their stakes in the company. LPL Financial LLC increased its position in shares of XPO by 57.3% during the 4th quarter. LPL Financial LLC now owns 74,250 shares of the transportation company's stock valued at $9,738,000 after purchasing an additional 27,034 shares during the last quarter. Pictet Asset Management Holding SA increased its position in shares of XPO by 6.9% during the 4th quarter. Pictet Asset Management Holding SA now owns 15,786 shares of the transportation company's stock valued at $2,070,000 after purchasing an additional 1,015 shares during the last quarter. California Public Employees Retirement System increased its position in shares of XPO by 18.6% during the 4th quarter. California Public Employees Retirement System now owns 179,267 shares of the transportation company's stock valued at $23,511,000 after purchasing an additional 28,084 shares during the last quarter. O Shaughnessy Asset Management LLC increased its position in shares of XPO by 13.4% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 7,699 shares of the transportation company's stock valued at $1,010,000 after purchasing an additional 908 shares during the last quarter. Finally, HighPoint Advisor Group LLC grew its position in XPO by 10.4% in the 4th quarter. HighPoint Advisor Group LLC now owns 1,842 shares of the transportation company's stock valued at $242,000 after acquiring an additional 174 shares during the last quarter. 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.