XPO, Inc. (NYSE:XPO) Receives Consensus Rating of “Moderate Buy” from Brokerages

XPO, Inc. (NYSE:XPO) has been given a consensus rating of “Moderate Buy” by the twenty-one analysts that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and sixteen have given a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $116.60.

XPO has been the subject of a number of recent research reports. Stifel Nicolaus upgraded XPO from a “hold” rating to a “buy” rating and boosted their target price for the stock from $115.00 to $120.00 in a research report on Friday. Bank of America boosted their target price on XPO from $137.00 to $139.00 and gave the company a “buy” rating in a research note on Monday, April 15th. TD Cowen lifted their price target on XPO from $136.00 to $138.00 and gave the company a “buy” rating in a research report on Monday, May 6th. Susquehanna lifted their price target on XPO from $100.00 to $140.00 and gave the company a “positive” rating in a research report on Thursday, February 8th. Finally, Stephens reissued an “overweight” rating and issued a $150.00 target price on shares of XPO in a report on Monday, May 6th.

Insider Transactions at XPO

In other news, major shareholder Mfn Partners, Lp sold 1,250,000 shares of XPO stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $112.98, for a total value of $141,225,000.00. Following the sale, the insider now directly owns 11,425,369 shares of the company’s stock, valued at $1,290,838,189.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.00% of the company’s stock.

Hedge Funds Weigh In On XPO

A number of institutional investors have recently added to or reduced their stakes in the stock. Mather Group LLC. acquired a new stake in shares of XPO in the first quarter valued at $27,000. Riverview Trust Co acquired a new stake in shares of XPO in the first quarter valued at $31,000. ORG Partners LLC acquired a new stake in shares of XPO in the first quarter valued at $36,000. Dixon Mitchell Investment Counsel Inc. acquired a new stake in shares of XPO in the first quarter valued at $37,000. Finally, Rise Advisors LLC acquired a new stake in shares of XPO in the first quarter valued at $37,000. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO Stock Up 2.8 %

Shares of NYSE XPO opened at $108.37 on Friday. XPO has a 52 week low of $46.65 and a 52 week high of $130.51. The business has a 50-day simple moving average of $117.23 and a two-hundred day simple moving average of $103.77. The company has a quick ratio of 0.94, a current ratio of 0.94 and a debt-to-equity ratio of 2.49. The company has a market cap of $12.61 billion, a P/E ratio of 53.12, a P/E/G ratio of 1.50 and a beta of 2.17.

XPO (NYSE:XPO) last issued 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 business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.01 billion. XPO had a return on equity of 30.77% and a net margin of 3.08%. The firm’s revenue was up 5.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.56 EPS. Research analysts anticipate that XPO will post 3.61 earnings per share for the current fiscal year.

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.