Stephens reiterated their overweight rating on shares of XPO (NYSE:XPO - Free Report) in a report issued on Wednesday morning,Benzinga reports. The brokerage currently has a $171.00 price target on the transportation company's stock.
Several other equities research analysts have also recently commented on XPO. Raymond James decreased their target price on XPO from $170.00 to $165.00 and set an "outperform" rating for the company in a research note on Friday, February 7th. Jefferies Financial Group raised their price objective on XPO from $150.00 to $165.00 and gave the company a "buy" rating in a research note on Friday, January 10th. The Goldman Sachs Group raised their price objective on XPO from $150.00 to $167.00 and gave the company a "buy" rating in a research note on Thursday, December 12th. Citigroup raised their price objective on XPO from $155.00 to $179.00 and gave the company a "buy" rating in a research note on Tuesday, November 12th. Finally, JPMorgan Chase & Co. raised their price objective on XPO from $146.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, December 6th. Eighteen research analysts have rated the stock with a buy rating, According to MarketBeat.com, XPO has a consensus rating of "Buy" and an average target price of $160.89.
Read Our Latest Stock Analysis on XPO
XPO Trading Down 2.7 %
Shares of XPO stock traded down $2.99 on Wednesday, hitting $108.07. The company had a trading volume of 2,345,562 shares, compared to its average volume of 1,478,068. The stock's 50-day moving average is $133.88 and its two-hundred day moving average is $130.24. XPO has a twelve month low of $97.03 and a twelve month high of $161.00. The firm has a market cap of $12.67 billion, a P/E ratio of 33.46, a P/E/G ratio of 1.79 and a beta of 2.13. The company has a debt-to-equity ratio of 2.08, a quick ratio of 1.06 and a current ratio of 1.06.
XPO (NYSE:XPO - Get Free Report) last released its earnings results on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a return on equity of 30.36% and a net margin of 4.81%. On average, equities research analysts anticipate that XPO will post 4.15 earnings per share for the current fiscal year.
Institutional Trading of XPO
A number of hedge funds have recently bought and sold shares of the business. Argent Trust Co raised its stake in shares of XPO by 1.9% in the fourth quarter. Argent Trust Co now owns 3,940 shares of the transportation company's stock valued at $517,000 after buying an additional 75 shares during the period. Larson Financial Group LLC raised its stake in shares of XPO by 25.6% in the fourth quarter. Larson Financial Group LLC now owns 373 shares of the transportation company's stock valued at $49,000 after buying an additional 76 shares during the period. Scientech Research LLC raised its stake in shares of XPO by 0.9% in the fourth quarter. Scientech Research LLC now owns 9,843 shares of the transportation company's stock valued at $1,291,000 after buying an additional 84 shares during the period. UMB Bank n.a. raised its stake in shares of XPO by 19.0% in the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company's stock valued at $71,000 after buying an additional 86 shares during the period. Finally, SageView Advisory Group LLC raised its stake in shares of XPO by 2.1% in the fourth quarter. SageView Advisory Group LLC now owns 4,626 shares of the transportation company's stock valued at $607,000 after buying an additional 96 shares during the period. 97.73% of the stock is currently owned by institutional investors.
XPO Company Profile
(
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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.
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