XPO (NYSE:XPO) PT Raised to $126.00

XPO (NYSE:XPO) had its price target raised by Stifel Nicolaus from $125.00 to $126.00 in a report released on Monday, Benzinga reports. Stifel Nicolaus currently has a buy rating on the transportation company’s stock.

A number of other research firms have also weighed in on XPO. Bank of America lowered their price objective on shares of XPO from $135.00 to $134.00 and set a “buy” rating for the company in a research note on Monday, July 22nd. TD Cowen dropped their price objective on shares of XPO from $143.00 to $142.00 and set a “buy” rating on the stock in a research note on Thursday, September 5th. Wells Fargo & Company cut their price objective on shares of XPO from $125.00 to $119.00 and set an “overweight” rating on the stock in a report on Thursday, September 5th. Stephens restated an “overweight” rating and set a $150.00 target price on shares of XPO in a report on Thursday, September 5th. Finally, JPMorgan Chase & Co. cut their price target on XPO from $147.00 to $143.00 and set an “overweight” rating on the stock in a report on Friday, September 6th. Two investment analysts have rated the stock with a sell rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $130.41.

XPO Stock Performance

Shares of NYSE:XPO opened at $112.01 on Monday. The firm’s 50 day simple moving average is $112.41 and its 200-day simple moving average is $111.35. The company has a debt-to-equity ratio of 2.63, a quick ratio of 1.00 and a current ratio of 1.00. XPO has a one year low of $65.80 and a one year high of $130.51. The firm has a market cap of $13.04 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 1.82 and a beta of 2.10.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, August 1st. The transportation company reported $1.12 EPS for the quarter, topping the consensus estimate of $1.01 by $0.11. XPO had a return on equity of 32.49% and a net margin of 4.48%. The company had revenue of $2.08 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same period last year, the business posted $0.71 EPS. XPO’s quarterly revenue was up 8.5% on a year-over-year basis. As a group, equities analysts predict that XPO will post 3.52 EPS for the current year.

Institutional Investors Weigh In On XPO

Large investors have recently bought and sold shares of the company. ORG Wealth Partners LLC purchased a new position in shares of XPO during the 3rd quarter valued at approximately $25,000. Mather Group LLC. purchased a new position in XPO in the first quarter valued at $27,000. Blue Trust Inc. raised its position in shares of XPO by 25,800.0% in the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company’s stock worth $27,000 after acquiring an additional 258 shares during the period. Quest Partners LLC purchased a new stake in shares of XPO during the 2nd quarter worth about $28,000. Finally, Riverview Trust Co acquired a new stake in shares of XPO during the 1st quarter valued at about $31,000. Hedge funds and other 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.