Brokerages Set XPO, Inc. (NYSE:XPO) PT at $130.18

XPO, Inc. (NYSE:XPO) has earned a consensus recommendation of “Moderate Buy” from the seventeen brokerages that are presently covering the stock, MarketBeat.com reports. One research analyst has rated the stock with a sell recommendation, fifteen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $130.18.

Several analysts recently commented on the stock. Wells Fargo & Company reduced their price objective on shares of XPO from $125.00 to $119.00 and set an “overweight” rating for the company in a research note on Thursday, September 5th. Stifel Nicolaus lifted their target price on shares of XPO from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Monday, August 5th. TD Cowen cut their target price on shares of XPO from $143.00 to $142.00 and set a “buy” rating for the company in a research report on Thursday, September 5th. Bank of America cut their target price on shares of XPO from $135.00 to $134.00 and set a “buy” rating for the company in a research report on Monday, July 22nd. Finally, Raymond James cut their target price on shares of XPO from $135.00 to $130.00 and set an “outperform” rating for the company in a research report on Monday, June 24th.

Institutional Investors Weigh In On XPO

A number of institutional investors have recently bought and sold shares of the stock. Vanguard Group Inc. grew its holdings in XPO by 1.2% in the fourth quarter. Vanguard Group Inc. now owns 10,923,106 shares of the transportation company’s stock valued at $956,755,000 after purchasing an additional 128,214 shares during the period. Capital Research Global Investors grew its holdings in XPO by 9.8% in the first quarter. Capital Research Global Investors now owns 10,203,481 shares of the transportation company’s stock valued at $1,245,131,000 after purchasing an additional 912,544 shares during the period. Capital World Investors grew its holdings in XPO by 3.3% in the first quarter. Capital World Investors now owns 4,492,089 shares of the transportation company’s stock valued at $548,170,000 after purchasing an additional 142,908 shares during the period. D1 Capital Partners L.P. purchased a new stake in XPO in the second quarter valued at approximately $271,532,000. Finally, Clearbridge Investments LLC grew its holdings in XPO by 11.3% in the second quarter. Clearbridge Investments LLC now owns 2,488,210 shares of the transportation company’s stock valued at $264,124,000 after purchasing an additional 253,519 shares during the period. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

XPO Stock Down 1.0 %

Shares of NYSE:XPO opened at $106.43 on Friday. The company has a market cap of $12.39 billion, a price-to-earnings ratio of 52.17, a PEG ratio of 1.80 and a beta of 2.11. The firm’s 50-day simple moving average is $112.90 and its 200-day simple moving average is $112.65. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 2.63. XPO has a fifty-two week low of $65.80 and a fifty-two week high of $130.51.

XPO (NYSE:XPO) last announced its quarterly earnings data on Thursday, August 1st. The transportation company reported $1.12 EPS for the quarter, beating the consensus estimate of $1.01 by $0.11. XPO had a net margin of 4.48% and a return on equity of 32.49%. The firm had revenue of $2.08 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter last year, the business earned $0.71 earnings per share. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. As a group, equities research analysts predict that XPO will post 3.59 earnings per share for the current year.

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.