XPO (NYSE:XPO) Shares Down 3.3% - Should You Sell?

XPO, Inc. (NYSE:XPO - Get Free Report)'s share price fell 3.3% during trading on Friday . The stock traded as low as $138.34 and last traded at $140.69. 290,626 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 1,474,627 shares. The stock had previously closed at $145.51.

Analysts Set New Price Targets

Several equities analysts have recently weighed in on the stock. Citigroup raised their price objective on shares of XPO from $155.00 to $179.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. The Goldman Sachs Group raised their target price on shares of XPO from $150.00 to $167.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. Wells Fargo & Company upped their price target on XPO from $119.00 to $150.00 and gave the company an "overweight" rating in a report on Thursday, October 31st. Susquehanna raised their price objective on XPO from $145.00 to $160.00 and gave the stock a "positive" rating in a research note on Wednesday, September 18th. Finally, Stephens reaffirmed an "overweight" rating and set a $165.00 target price on shares of XPO in a research report on Wednesday, December 4th. Two equities research analysts have rated the stock with a sell rating and fifteen have given a buy rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $147.31.

XPO Stock Performance

The firm's fifty day moving average is $140.20 and its 200 day moving average is $120.55. The firm has a market capitalization of $15.74 billion, a price-to-earnings ratio of 43.77, a PEG ratio of 2.37 and a beta of 2.08. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick 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 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. The company had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. XPO had a return on equity of 31.16% and a net margin of 4.57%. The business's revenue was up 3.7% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.88 EPS. On average, analysts predict that XPO, Inc. will post 3.62 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of XPO. Principal Financial Group Inc. grew its stake in XPO by 23.7% in the 3rd quarter. Principal Financial Group Inc. now owns 480,669 shares of the transportation company's stock valued at $51,677,000 after buying an additional 91,973 shares during the last quarter. Tidal Investments LLC increased its stake in XPO by 472.0% during the third quarter. Tidal Investments LLC now owns 14,101 shares of the transportation company's stock valued at $1,516,000 after acquiring an additional 11,636 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in XPO in the 3rd quarter valued at approximately $108,000. Sanctuary Advisors LLC bought a new stake in shares of XPO in the 3rd quarter worth approximately $145,000. Finally, Neo Ivy Capital Management acquired a new stake in shares of XPO during the 3rd quarter worth approximately $534,000. Institutional investors and hedge funds own 97.73% of the company's stock.

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.