XPO, Inc. (NYSE:XPO) Given Consensus Rating of "Moderate Buy" by Brokerages

Shares of XPO, Inc. (NYSE:XPO - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the sixteen research firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation and fifteen have assigned a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $141.13.

A number of brokerages have recently commented on XPO. Barclays boosted their price objective on XPO from $150.00 to $170.00 and gave the stock an "overweight" rating in a research report on Wednesday. Bank of America lowered their price objective on XPO from $135.00 to $134.00 and set a "buy" rating for the company in a research report on Monday, July 22nd. Susquehanna boosted their price objective on XPO from $145.00 to $160.00 and gave the stock a "positive" rating in a research report on Wednesday, September 18th. The Goldman Sachs Group decreased their target price on XPO from $139.00 to $136.00 and set a "buy" rating for the company in a research note on Wednesday, October 9th. Finally, JPMorgan Chase & Co. decreased their target price on XPO from $147.00 to $143.00 and set an "overweight" rating for the company in a research note on Friday, September 6th.

Institutional Investors Weigh In On XPO

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. ORG Wealth Partners LLC purchased a new stake in shares of XPO during the third quarter worth approximately $25,000. Blue Trust Inc. raised its stake in shares of XPO by 25,800.0% during the second quarter. Blue Trust Inc. now owns 259 shares of the transportation company's stock worth $27,000 after purchasing an additional 258 shares during the last quarter. Quest Partners LLC purchased a new stake in shares of XPO during the second quarter worth approximately $28,000. International Assets Investment Management LLC purchased a new stake in shares of XPO during the second quarter worth approximately $36,000. Finally, Thurston Springer Miller Herd & Titak Inc. acquired a new position in XPO during the second quarter worth $37,000. Hedge funds and other institutional investors own 97.73% of the company's stock.

XPO Trading Down 2.1 %

NYSE XPO traded down $3.14 during trading on Friday, hitting $145.79. The stock had a trading volume of 1,034,806 shares, compared to its average volume of 1,481,092. The company has a market capitalization of $16.97 billion, a PE ratio of 47.18, a PEG ratio of 2.34 and a beta of 2.07. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. The firm has a 50 day moving average price of $119.54 and a 200 day moving average price of $113.48. XPO has a twelve month low of $78.72 and a twelve month high of $156.85.

XPO (NYSE:XPO - Get Free Report) last released its earnings results on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.13. The company had revenue of $2.05 billion during 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%. XPO's revenue was up 3.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.88 EPS. As a group, equities research analysts forecast that XPO will post 3.62 earnings per share for the current 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.