XPO (NYSE:XPO) Stock Price Expected to Rise, Benchmark Analyst Says

XPO (NYSE:XPO - Free Report) had its target price increased by Benchmark from $150.00 to $155.00 in a report released on Wednesday morning,Benzinga reports. Benchmark currently has a buy rating on the transportation company's stock.

XPO has been the subject of a number of other research reports. Susquehanna cut shares of 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 report on Tuesday, January 7th. The Goldman Sachs Group boosted their price target on shares of XPO from $150.00 to $167.00 and gave the company a "buy" rating in a report on Thursday, December 12th. Oppenheimer raised their price objective on XPO from $148.00 to $176.00 and gave the stock an "outperform" rating in a research note on Thursday, December 12th. TD Cowen boosted their target price on XPO from $137.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, October 31st. Finally, Evercore ISI dropped their price target on XPO from $129.00 to $125.00 and set an "outperform" rating on the stock in a research report on Thursday, October 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have given a buy rating to the company. According to data from MarketBeat, XPO has a consensus rating of "Moderate Buy" and an average target price of $150.00.

XPO Trading Up 0.5 %

Shares of XPO stock traded up $0.68 on Wednesday, hitting $136.21. 1,495,294 shares of the company's stock traded hands, compared to its average volume of 1,556,188. The firm's 50-day moving average price is $145.53 and its two-hundred day moving average price is $124.50. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06. The stock has a market capitalization of $15.86 billion, a PE ratio of 44.08, a price-to-earnings-growth ratio of 2.37 and a beta of 2.11. XPO has a one year low of $80.26 and a one year high of $161.00.

XPO (NYSE:XPO - Get Free Report) last released its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 EPS for the quarter, beating analysts' consensus estimates of $0.89 by $0.13. XPO had a return on equity of 31.16% and a net margin of 4.57%. The business had revenue of $2.05 billion during the quarter, compared to the consensus estimate of $2.02 billion. During the same quarter in the prior year, the company posted $0.88 earnings per share. The firm's revenue was up 3.7% on a year-over-year basis. On average, research analysts expect that XPO will post 3.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in XPO. Perennial Investment Advisors LLC boosted its stake in shares of XPO by 5.5% during the 2nd quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company's stock worth $210,000 after buying an additional 103 shares during the last quarter. Coldstream Capital Management Inc. raised its holdings in XPO by 5.0% during the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company's stock worth $245,000 after acquiring an additional 107 shares in the last quarter. CIBC Asset Management Inc boosted its position in XPO by 3.6% during the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company's stock valued at $359,000 after purchasing an additional 116 shares during the last quarter. Stephens Inc. AR grew its stake in XPO by 6.4% in the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company's stock valued at $256,000 after purchasing an additional 142 shares in the last quarter. Finally, Resources Management Corp CT ADV increased its position in shares of XPO by 1.9% during the 2nd quarter. Resources Management Corp CT ADV now owns 7,584 shares of the transportation company's stock worth $805,000 after purchasing an additional 145 shares during the last quarter. Institutional investors own 97.73% of the company's stock.

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.