Analysts Set XPO, Inc. (NYSE:XPO) Price Target at $147.31

XPO, Inc. (NYSE:XPO - Get Free Report) has earned an average recommendation of "Moderate Buy" from the sixteen research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation and fifteen have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $147.31.

Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. upped their target price on shares of XPO from $146.00 to $160.00 and gave the company an "overweight" rating in a research note on Friday, December 6th. Stephens restated an "overweight" rating and set a $165.00 price objective on shares of XPO in a research report on Wednesday, December 4th. Oppenheimer lifted their target price on shares of XPO from $148.00 to $176.00 and gave the stock an "outperform" rating in a research report on Thursday, December 12th. The Goldman Sachs Group increased their price target on XPO from $150.00 to $167.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Finally, Benchmark reaffirmed a "buy" rating and issued a $140.00 price objective on shares of XPO in a report on Thursday, September 19th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of XPO. Stifel Financial Corp increased its stake in XPO by 159.1% in the 3rd quarter. Stifel Financial Corp now owns 70,407 shares of the transportation company's stock worth $7,569,000 after buying an additional 43,237 shares in the last quarter. Neo Ivy Capital Management purchased a new stake in shares of XPO during the third quarter worth about $534,000. Traynor Capital Management Inc. grew its position in shares of XPO by 125.2% during the third quarter. Traynor Capital Management Inc. now owns 24,142 shares of the transportation company's stock worth $2,596,000 after purchasing an additional 13,422 shares in the last quarter. PCJ Investment Counsel Ltd. raised its stake in XPO by 36.2% during the 3rd quarter. PCJ Investment Counsel Ltd. now owns 40,410 shares of the transportation company's stock valued at $4,344,000 after purchasing an additional 10,740 shares during the period. Finally, Whalen Wealth Management Inc. purchased a new position in XPO in the 3rd quarter worth approximately $706,000. Hedge funds and other institutional investors own 97.73% of the company's stock.

XPO Stock Up 4.5 %

Shares of XPO traded up $5.96 on Friday, hitting $138.46. 1,914,583 shares of the stock traded hands, compared to its average volume of 1,616,891. XPO has a one year low of $80.26 and a one year high of $161.00. The company has a market capitalization of $16.12 billion, a PE ratio of 44.81, a P/E/G ratio of 2.37 and a beta of 2.08. The business has a 50 day simple moving average of $144.56 and a 200 day simple moving average of $122.81. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06.

XPO (NYSE:XPO - Get Free Report) last issued its earnings results on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating the consensus estimate of $0.89 by $0.13. The business had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The company's revenue was up 3.7% compared to the same quarter last year. During the same period last year, the business posted $0.88 EPS. As a group, equities analysts forecast that XPO will post 3.62 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.