Analysts Set XPO, Inc. (NYSE:XPO) PT at $158.47

XPO, Inc. (NYSE:XPO) has been given an average rating of “Buy” by the nineteen research firms that are presently covering the company, MarketBeat Ratings reports. Nineteen research analysts have rated the stock with a buy recommendation. The average 1-year price objective among brokerages that have covered the stock in the last year is $158.47.

Several research analysts have weighed in on XPO shares. Oppenheimer increased their price target on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a report on Thursday, December 12th. UBS Group increased their target price on XPO from $159.00 to $170.00 and gave the stock a “buy” rating in a research note on Friday, February 7th. Stephens restated an “overweight” rating and issued a $171.00 price target on shares of XPO in a research note on Wednesday, March 5th. Truist Financial began coverage on XPO in a research report on Thursday, March 13th. They set a “buy” rating and a $130.00 price objective on the stock. Finally, Bank of America reduced their target price on shares of XPO from $170.00 to $150.00 and set a “buy” rating for the company in a research report on Wednesday, March 5th.

XPO Stock Performance

Shares of NYSE XPO opened at $110.99 on Friday. XPO has a 12 month low of $97.03 and a 12 month high of $161.00. The stock has a 50 day moving average of $127.60 and a 200-day moving average of $129.78. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.08. The company has a market capitalization of $13.01 billion, a P/E ratio of 34.36, a P/E/G ratio of 1.79 and a beta of 2.13.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. As a group, equities research analysts predict that XPO will post 4.15 EPS for the current year.

Insider Transactions at XPO

In related news, COO David J. Bates acquired 1,880 shares of the stock in a transaction that occurred on Thursday, March 13th. The stock was acquired at an average cost of $106.16 per share, for a total transaction of $199,580.80. Following the transaction, the chief operating officer now directly owns 21,106 shares in the company, valued at $2,240,612.96. This trade represents a 9.78 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 2.00% of the company’s stock.

Institutional Trading of XPO

Hedge funds and other institutional investors have recently modified their holdings of the stock. Versant Capital Management Inc bought a new position in shares of XPO in the 4th quarter valued at $29,000. Halbert Hargrove Global Advisors LLC acquired a new position in XPO in the 4th quarter worth about $42,000. Cullen Frost Bankers Inc. boosted its stake in shares of XPO by 69.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 318 shares of the transportation company’s stock valued at $42,000 after purchasing an additional 130 shares in the last quarter. Larson Financial Group LLC grew its holdings in shares of XPO by 25.6% during the fourth quarter. Larson Financial Group LLC now owns 373 shares of the transportation company’s stock worth $49,000 after purchasing an additional 76 shares during the last quarter. Finally, Brooklyn Investment Group acquired a new position in shares of XPO in the third quarter valued at approximately $57,000. 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.