XPO (NYSE:XPO) Reaches New 1-Year High - Should You Buy?

XPO, Inc. (NYSE:XPO - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $159.65 and last traded at $159.63, with a volume of 588846 shares trading hands. The stock had previously closed at $156.30.

Analysts Set New Price Targets

XPO has been the topic of a number of research analyst reports. Barclays raised their price target on shares of XPO from $150.00 to $170.00 and gave the company an "overweight" rating in a research note on Wednesday, November 13th. The Goldman Sachs Group boosted their target price on shares of XPO from $150.00 to $167.00 and gave the stock a "buy" rating in a research note on Thursday. Wells Fargo & Company increased their price target on XPO from $119.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, October 31st. Oppenheimer upped their target price on XPO from $148.00 to $176.00 and gave the stock an "outperform" rating in a report on Thursday. Finally, Stephens reiterated an "overweight" rating and issued a $165.00 target price on shares of XPO in a research report on Wednesday, December 4th. Two analysts have rated the stock with a sell rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $147.31.

XPO Stock Up 1.2 %

The stock's 50-day moving average price is $136.67 and its 200-day moving average price is $119.46. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The stock has a market cap of $18.42 billion, a price-to-earnings ratio of 50.58, a P/E/G ratio of 2.37 and a beta of 2.08.

XPO (NYSE:XPO - Get Free Report) last issued its quarterly earnings results 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 net margin of 4.57% and a return on equity of 31.16%. The business had revenue of $2.05 billion for the quarter, compared to analysts' expectations of $2.02 billion. During the same quarter in the prior year, the firm posted $0.88 earnings per share. The business's quarterly revenue was up 3.7% compared to the same quarter last year. On average, sell-side analysts expect that XPO, Inc. will post 3.62 earnings per share for the current year.

Institutional Investors Weigh In On XPO

A number of hedge funds have recently added to or reduced their stakes in XPO. ORG Wealth Partners LLC acquired a new stake in shares of XPO during the 3rd quarter worth approximately $25,000. Blue Trust Inc. grew its holdings in XPO by 25,800.0% in 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 period. Quest Partners LLC bought a new stake in XPO in the second quarter valued at $28,000. International Assets Investment Management LLC acquired a new position in shares of XPO during the second quarter valued at about $36,000. Finally, UMB Bank n.a. boosted its position in shares of XPO by 356.6% during the 3rd quarter. UMB Bank n.a. now owns 452 shares of the transportation company's stock worth $49,000 after purchasing an additional 353 shares in the last quarter. 97.73% of the stock is currently owned by institutional investors.

XPO Company Profile

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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