XPO (NYSE:XPO - Get Free Report) announced its quarterly earnings results on Thursday. The transportation company reported $0.89 EPS for the quarter, beating the consensus estimate of $0.68 by $0.21, Zacks reports. XPO had a net margin of 4.81% and a return on equity of 30.36%.
XPO Price Performance
NYSE XPO traded down $1.95 during mid-day trading on Monday, hitting $146.21. The stock had a trading volume of 1,211,671 shares, compared to its average volume of 1,538,935. The company has a 50 day simple moving average of $141.20 and a 200 day simple moving average of $128.19. The company has a market cap of $17.02 billion, a price-to-earnings ratio of 45.27, a P/E/G ratio of 1.93 and a beta of 2.12. XPO has a 52-week low of $97.03 and a 52-week high of $161.00. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.08.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on the company. Jefferies Financial Group lifted their target price on XPO from $150.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, January 10th. Stifel Nicolaus boosted their price objective on XPO from $124.00 to $147.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Oppenheimer raised 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. Benchmark upped their price target on shares of XPO from $155.00 to $160.00 and gave the company a "buy" rating in a research report on Friday. Finally, Citigroup raised their price objective on shares of XPO from $155.00 to $179.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. One analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have issued a buy rating to the company's stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $156.35.
View Our Latest Stock Report on XPO
About XPO
(
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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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