XPO (NYSE:XPO) Rating Reiterated by Stephens

XPO (NYSE:XPO)‘s stock had its “overweight” rating restated by analysts at Stephens in a research note issued on Monday, Benzinga reports. They currently have a $150.00 price objective on the transportation company’s stock. Stephens’ price objective suggests a potential upside of 35.92% from the company’s previous close.

A number of other research firms have also recently commented on XPO. Raymond James lifted their target price on XPO from $130.00 to $145.00 and gave the stock an “outperform” rating in a research note on Monday, April 15th. Susquehanna increased their target price on shares of XPO from $100.00 to $140.00 and gave the company a “positive” rating in a research report on Thursday, February 8th. Citigroup lifted their price target on shares of XPO from $100.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Barclays increased their price objective on XPO from $100.00 to $125.00 and gave the company an “overweight” rating in a report on Thursday, February 8th. Finally, JPMorgan Chase & Co. boosted their target price on XPO from $97.00 to $122.00 and gave the company an “overweight” rating in a research note on Thursday, February 8th. Two investment analysts have rated the stock with a sell rating, five have given a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat, XPO presently has a consensus rating of “Moderate Buy” and an average price target of $114.95.

XPO Stock Down 0.3 %

XPO opened at $110.36 on Monday. XPO has a fifty-two week low of $45.24 and a fifty-two week high of $130.51. The company has a debt-to-equity ratio of 2.49, a current ratio of 0.94 and a quick ratio of 1.00. The company’s 50-day moving average is $120.44 and its 200 day moving average is $100.89. The firm has a market capitalization of $12.84 billion, a P/E ratio of 54.10, a PEG ratio of 2.69 and a beta of 2.17.

XPO (NYSE:XPO) last posted its earnings results on Friday, May 3rd. The transportation company reported $0.81 EPS for the quarter, topping the consensus estimate of $0.68 by $0.13. The firm had revenue of $2.02 billion for the quarter, compared to analysts’ expectations of $2.01 billion. XPO had a net margin of 3.08% and a return on equity of 30.77%. The company’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.56 EPS. Research analysts expect that XPO will post 3.49 earnings per share for the current fiscal year.

Hedge Funds Weigh In On XPO

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. raised its position in shares of XPO by 1.2% during the 4th quarter. Vanguard Group Inc. now owns 10,923,106 shares of the transportation company’s stock valued at $956,755,000 after buying an additional 128,214 shares in the last quarter. Capital Research Global Investors raised its position in XPO by 49.9% during the fourth 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 in the last quarter. Capital World Investors lifted its stake in XPO by 13.1% during the fourth quarter. Capital World Investors now owns 4,349,181 shares of the transportation company’s stock worth $380,945,000 after purchasing an additional 503,388 shares during the last quarter. Balyasny Asset Management L.P. boosted its holdings in shares of XPO by 44.0% in the 4th quarter. Balyasny Asset Management L.P. now owns 1,515,529 shares of the transportation company’s stock worth $132,745,000 after purchasing an additional 463,267 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in shares of XPO by 4.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,468,051 shares of the transportation company’s stock valued at $128,603,000 after purchasing an additional 67,797 shares during the last quarter. 97.73% of the stock is currently owned by hedge funds and other 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.