XPO, Inc. (NYSE:XPO) Given Average Rating of “Moderate Buy” by Brokerages

XPO, Inc. (NYSE:XPO) has earned a consensus recommendation of “Moderate Buy” from the twenty-four brokerages that are covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, six have issued a hold recommendation, sixteen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $211.2381.

Several equities research analysts have commented on XPO shares. Zacks Research raised shares of XPO from a “strong sell” rating to a “hold” rating in a research note on Thursday, February 12th. Barclays upped their target price on shares of XPO from $195.00 to $250.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Stifel Nicolaus set a $237.00 target price on shares of XPO in a research note on Friday, May 1st. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $220.00 target price on shares of XPO in a research note on Thursday, April 30th. Finally, Morgan Stanley set a $105.00 target price on shares of XPO and gave the company an “underweight” rating in a research note on Friday, May 1st.

Institutional Investors Weigh In On XPO

Several large investors have recently bought and sold shares of XPO. Cooke & Bieler LP increased its position in shares of XPO by 9.0% during the third quarter. Cooke & Bieler LP now owns 933,745 shares of the transportation company’s stock worth $120,705,000 after acquiring an additional 76,847 shares in the last quarter. Primecap Management Co. CA increased its position in shares of XPO by 6.3% during the third quarter. Primecap Management Co. CA now owns 587,534 shares of the transportation company’s stock worth $75,951,000 after acquiring an additional 35,050 shares in the last quarter. Compass Wealth Management LLC bought a new stake in shares of XPO during the third quarter worth $29,997,000. Rakuten Investment Management Inc. bought a new stake in shares of XPO during the third quarter worth $5,808,000. Finally, Econ Financial Services Corp bought a new stake in shares of XPO during the fourth quarter worth $1,837,000. Institutional investors own 97.73% of the company’s stock.

XPO Trading Up 3.9%

Shares of NYSE XPO opened at $210.85 on Wednesday. The company’s 50 day simple moving average is $205.08 and its 200 day simple moving average is $175.96. XPO has a fifty-two week low of $110.78 and a fifty-two week high of $231.46. The firm has a market capitalization of $24.76 billion, a P/E ratio of 72.21, a P/E/G ratio of 2.38 and a beta of 1.87. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.99 and a quick ratio of 0.99.

XPO (NYSE:XPO) last issued its earnings results on Thursday, April 30th. The transportation company reported $1.01 EPS for the quarter, beating the consensus estimate of $0.89 by $0.12. XPO had a net margin of 4.19% and a return on equity of 26.21%. The firm had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. During the same quarter in the prior year, the firm earned $0.73 earnings per share. The business’s quarterly revenue was up 7.3% on a year-over-year basis. On average, analysts predict that XPO will post 4.84 EPS for the current year.

About XPO

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.