Brokerages Set XPO, Inc. (NYSE:XPO) Price Target at $111.65

XPO, Inc. (NYSE:XPO) has earned an average rating of “Moderate Buy” from the twenty-one research firms that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, six have given a hold rating and fourteen have given a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $111.65.

Several brokerages have recently weighed in on XPO. Raymond James raised their price target on XPO from $130.00 to $145.00 and gave the company an “outperform” rating in a report on Monday, April 15th. BMO Capital Markets raised their price target on XPO from $100.00 to $145.00 and gave the company an “outperform” rating in a report on Thursday, February 8th. Citigroup raised their price target on XPO from $100.00 to $135.00 and gave the company a “buy” rating in a report on Thursday, February 8th. Oppenheimer raised their price target on XPO from $130.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, April 10th. Finally, TD Cowen raised their price target on XPO from $129.00 to $136.00 and gave the company an “outperform” rating in a report on Thursday, March 7th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in XPO. Mather Group LLC. purchased a new position in shares of XPO during the 1st quarter valued at about $27,000. Benjamin F. Edwards & Company Inc. lifted its position in shares of XPO by 170.2% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 335 shares of the transportation company’s stock valued at $30,000 after buying an additional 211 shares in the last quarter. Riverview Trust Co purchased a new position in shares of XPO during the 1st quarter valued at about $31,000. Rise Advisors LLC purchased a new position in shares of XPO during the 1st quarter valued at about $37,000. Finally, Dixon Mitchell Investment Counsel Inc. purchased a new position in shares of XPO during the 1st quarter valued at about $37,000. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO Price Performance

XPO opened at $112.56 on Tuesday. The stock has a fifty day simple moving average of $120.80 and a two-hundred day simple moving average of $100.16. The company has a current ratio of 1.00, a quick ratio of 1.00 and a debt-to-equity ratio of 2.63. The company has a market cap of $13.09 billion, a price-to-earnings ratio of 69.91, a price-to-earnings-growth ratio of 2.62 and a beta of 2.17. XPO has a 12-month low of $45.24 and a 12-month high of $130.51.

XPO (NYSE:XPO) last posted its quarterly earnings data on Friday, May 3rd. The transportation company reported $0.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.68 by $0.13. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.01 billion. XPO had a return on equity of 29.85% and a net margin of 2.44%. The firm’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 earnings per share. Research analysts predict that XPO will post 3.47 earnings per share for the current fiscal 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.