XPO (NYSE:XPO) Stock Rating Lowered by Stifel Nicolaus

XPO (NYSE:XPO) was downgraded by stock analysts at Stifel Nicolaus from a “buy” rating to a “hold” rating in a research note issued on Wednesday,Finviz reports. They currently have a $124.00 price objective on the transportation company’s stock, down from their prior price objective of $131.00. Stifel Nicolaus’ price objective would indicate a potential downside of 8.47% from the company’s previous close.

A number of other research analysts have also recently issued reports on the company. The Goldman Sachs Group lifted their price target on XPO from $150.00 to $167.00 and gave the company a “buy” rating in a report on Thursday, December 12th. Citigroup lifted their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Wells Fargo & Company dropped their price target on XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday, January 7th. Oppenheimer boosted their price objective on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Finally, Barclays boosted their target price on XPO from $150.00 to $170.00 and gave the company an “overweight” rating in a research note on Wednesday, November 13th. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $149.12.

XPO Trading Down 0.1 %

NYSE:XPO opened at $135.47 on Wednesday. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06. The company has a market capitalization of $15.77 billion, a P/E ratio of 43.84, a P/E/G ratio of 2.37 and a beta of 2.11. XPO has a 52 week low of $80.26 and a 52 week high of $161.00. The stock’s 50 day moving average price is $145.53 and its 200 day moving average price is $124.50.

XPO (NYSE:XPO) last released its earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. The firm had revenue of $2.05 billion during the quarter, compared to analysts’ expectations of $2.02 billion. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.88 EPS. On average, research analysts forecast that XPO will post 3.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. D1 Capital Partners L.P. increased its holdings in shares of XPO by 84.2% in the 3rd quarter. D1 Capital Partners L.P. now owns 4,711,042 shares of the transportation company’s stock worth $506,484,000 after buying an additional 2,153,042 shares during the last quarter. State Street Corp grew its holdings in shares of XPO by 1.1% in the third quarter. State Street Corp now owns 3,477,846 shares of the transportation company’s stock worth $373,903,000 after purchasing an additional 37,486 shares during the last quarter. Clearbridge Investments LLC increased its position in shares of 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 acquiring an additional 253,519 shares during the period. Massachusetts Financial Services Co. MA raised its position in XPO by 0.7% during the 3rd quarter. Massachusetts Financial Services Co. MA now owns 1,537,526 shares of the transportation company’s stock valued at $165,299,000 after purchasing an additional 10,318 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its holdings in shares of XPO by 9.5% during the second quarter. Dimensional Fund Advisors LP now owns 1,500,368 shares of the transportation company’s stock valued at $159,243,000 after acquiring an additional 130,322 shares in the last quarter. 97.73% of the stock is owned by institutional investors.

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.