XPO, Inc. (NYSE:XPO) Receives $151.06 Consensus Target Price from Analysts

XPO, Inc. (NYSE:XPO - Get Free Report) has been given an average rating of "Moderate Buy" by the seventeen analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and fourteen have issued a buy rating on the company. The average 1 year price target among brokers that have issued ratings on the stock in the last year is $151.06.

Several research analysts have recently issued reports on the stock. Barclays reduced their target price on shares of XPO from $170.00 to $165.00 and set an "overweight" rating on the stock in a research note on Friday, January 17th. Stifel Nicolaus lifted their target price on shares of XPO from $124.00 to $147.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Susquehanna lowered XPO from a "positive" rating to a "neutral" rating and decreased their price objective for the company from $160.00 to $155.00 in a research report on Tuesday, January 7th. Wells Fargo & Company dropped their target price on shares of XPO from $175.00 to $170.00 and set an "overweight" rating on the stock in a report on Tuesday, January 7th. Finally, Oppenheimer upped 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.

Institutional Investors Weigh In On XPO

Several hedge funds and other institutional investors have recently made changes to their positions in XPO. Bank of Montreal Can lifted its stake in shares of XPO by 14.0% in the 2nd quarter. Bank of Montreal Can now owns 22,572 shares of the transportation company's stock valued at $2,464,000 after acquiring an additional 2,772 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of XPO by 73.3% during the second quarter. The Manufacturers Life Insurance Company now owns 162,985 shares of the transportation company's stock worth $17,301,000 after purchasing an additional 68,963 shares during the last quarter. Mackenzie Financial Corp acquired a new position in shares of XPO in the second quarter valued at approximately $585,000. NewEdge Advisors LLC raised its holdings in XPO by 8.4% in the 2nd quarter. NewEdge Advisors LLC now owns 9,642 shares of the transportation company's stock valued at $1,024,000 after buying an additional 749 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its position in XPO by 151.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,748 shares of the transportation company's stock worth $186,000 after buying an additional 1,052 shares during the period. 97.73% of the stock is owned by institutional investors.

XPO Price Performance

Shares of XPO traded down $0.44 on Thursday, hitting $135.51. The company's stock had a trading volume of 177,662 shares, compared to its average volume of 1,446,765. The company has a market capitalization of $15.77 billion, a PE ratio of 43.78, a PEG ratio of 1.79 and a beta of 2.11. XPO has a fifty-two week low of $82.78 and a fifty-two week high of $161.00. The company has a 50 day moving average price of $143.04 and a 200 day moving average price of $126.89. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO - Get Free Report) last announced its earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, topping the consensus estimate of $0.89 by $0.13. The company had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The business's revenue for the quarter was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.88 earnings per share. On average, research analysts anticipate that XPO will post 3.58 earnings per share for the current fiscal year.

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.