XPO (NYSE:XPO) PT Raised to $145.00 at Raymond James

XPO (NYSE:XPO) had its target price increased by Raymond James from $130.00 to $145.00 in a report released on Monday morning, Benzinga reports. Raymond James currently has an outperform rating on the transportation company’s stock.

XPO has been the topic of a number of other reports. Morgan Stanley cut shares of XPO from an equal weight rating to an underweight rating and lifted their price target for the stock from $75.00 to $80.00 in a research report on Monday, February 12th. The Goldman Sachs Group boosted their price objective on shares of XPO from $98.00 to $126.00 and gave the company a buy rating in a research report on Thursday, February 8th. Bank of America lifted their price target on shares of XPO from $137.00 to $139.00 and gave the company a buy rating in a research note on Monday. JPMorgan Chase & Co. lifted their price target on shares of XPO from $97.00 to $122.00 and gave the company an overweight rating in a research note on Thursday, February 8th. Finally, Susquehanna lifted their price target on shares of XPO from $100.00 to $140.00 and gave the company a positive rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, six have given a hold rating and fourteen have assigned a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of Moderate Buy and a consensus price target of $111.65.

XPO Price Performance

Shares of XPO stock opened at $115.37 on Monday. XPO has a 52-week low of $33.73 and a 52-week high of $130.51. The stock has a market cap of $13.42 billion, a PE ratio of 71.66, a PEG ratio of 2.94 and a beta of 2.19. The company has a debt-to-equity ratio of 2.63, a quick ratio of 1.00 and a current ratio of 1.00. The firm’s 50 day moving average price is $122.29 and its two-hundred day moving average price is $97.16.

XPO (NYSE:XPO) last announced its quarterly earnings data on Wednesday, February 7th. The transportation company reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.62 by $0.15. XPO had a net margin of 2.44% and a return on equity of 29.85%. The firm had revenue of $1.94 billion for the quarter, compared to analysts’ expectations of $1.92 billion. During the same period last year, the firm earned $0.98 earnings per share. The business’s revenue for the quarter was up 6.0% on a year-over-year basis. As a group, analysts forecast that XPO will post 3.47 EPS for the current year.

Institutional Trading of XPO

A number of institutional investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in XPO by 1.2% in the 4th quarter. Vanguard Group Inc. now owns 10,923,106 shares of the transportation company’s stock valued at $956,755,000 after purchasing an additional 128,214 shares during the period. BlackRock Inc. boosted its holdings in XPO by 9.9% in the 1st quarter. BlackRock Inc. now owns 10,049,511 shares of the transportation company’s stock valued at $731,604,000 after purchasing an additional 906,295 shares during the period. Capital Research Global Investors boosted its holdings in XPO by 49.9% in the 4th quarter. Capital Research Global Investors now owns 9,290,937 shares of the transportation company’s stock valued at $813,824,000 after purchasing an additional 3,094,390 shares during the period. MFN Partners Management LP boosted its holdings in XPO by 68.4% in the 1st quarter. MFN Partners Management LP now owns 7,200,369 shares of the transportation company’s stock valued at $524,187,000 after purchasing an additional 2,925,000 shares during the period. Finally, Capital World Investors boosted its holdings in XPO by 13.1% in the 4th quarter. Capital World Investors now owns 4,349,181 shares of the transportation company’s stock valued at $380,945,000 after purchasing an additional 503,388 shares during the period. 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.