XPO (NYSE:XPO) Given New $145.00 Price Target at Stifel Nicolaus

XPO (NYSE:XPO - Get Free Report) had its target price upped by equities research analysts at Stifel Nicolaus from $135.00 to $145.00 in a report issued on Thursday,Benzinga reports. The brokerage presently has a "buy" rating on the transportation company's stock. Stifel Nicolaus' target price suggests a potential upside of 4.99% from the stock's current price.

Other research analysts have also recently issued reports about the stock. Oppenheimer lifted their price objective on shares of XPO from $126.00 to $150.00 and gave the company an "outperform" rating in a report on Monday, July 7th. Bank of America raised their price target on shares of XPO from $139.00 to $150.00 and gave the company a "buy" rating in a research report on Monday, July 7th. Benchmark boosted their price objective on XPO from $130.00 to $140.00 and gave the stock a "buy" rating in a report on Tuesday, July 15th. JPMorgan Chase & Co. raised their target price on XPO from $121.00 to $130.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Finally, Barclays upped their price target on XPO from $135.00 to $145.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. One research analyst has rated the stock with a hold rating and eighteen have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, XPO currently has a consensus rating of "Moderate Buy" and an average target price of $141.16.

XPO Stock Up 1.8%

NYSE:XPO traded up $2.42 on Thursday, hitting $138.11. The stock had a trading volume of 1,352,534 shares, compared to its average volume of 1,058,265. The company has a quick ratio of 1.02, a current ratio of 1.02 and a debt-to-equity ratio of 2.03. XPO has a 52 week low of $85.06 and a 52 week high of $161.00. The business's fifty day moving average is $124.82 and its 200 day moving average is $120.64. The company has a market cap of $16.27 billion, a PE ratio of 42.50, a P/E/G ratio of 2.60 and a beta of 1.93.

XPO (NYSE:XPO - Get Free Report) last posted its quarterly earnings results on Wednesday, April 30th. The transportation company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.65 by $0.08. The business had revenue of $1.95 billion during the quarter, compared to the consensus estimate of $1.98 billion. XPO had a net margin of 4.87% and a return on equity of 28.27%. XPO's revenue was down 3.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.81 EPS. On average, equities research analysts expect that XPO will post 4.15 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Argent Trust Co lifted its holdings in XPO by 1.9% during the fourth quarter. Argent Trust Co now owns 3,940 shares of the transportation company's stock valued at $517,000 after purchasing an additional 75 shares during the last quarter. GAMMA Investing LLC raised its position in shares of XPO by 4.4% in the second quarter. GAMMA Investing LLC now owns 1,860 shares of the transportation company's stock valued at $235,000 after purchasing an additional 78 shares during the period. Scientech Research LLC lifted its stake in shares of XPO by 0.9% during the 4th quarter. Scientech Research LLC now owns 9,843 shares of the transportation company's stock valued at $1,291,000 after buying an additional 84 shares in the last quarter. SageView Advisory Group LLC boosted its holdings in XPO by 2.1% in the 4th quarter. SageView Advisory Group LLC now owns 4,626 shares of the transportation company's stock worth $607,000 after buying an additional 96 shares during the period. Finally, Utah Retirement Systems grew its stake in XPO by 1.6% in the 4th quarter. Utah Retirement Systems now owns 6,193 shares of the transportation company's stock valued at $812,000 after buying an additional 100 shares in the last quarter. 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.