XPO, Inc. (NYSE:XPO) Receives $217.38 Consensus PT from Analysts

Shares of XPO, Inc. (NYSE:XPO) have received a consensus rating of “Moderate Buy” from the twenty-four analysts that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, five have issued a hold recommendation, sixteen have given a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $218.0952.

XPO has been the subject of several analyst reports. Susquehanna boosted their price target on XPO from $210.00 to $212.00 and gave the company a “neutral” rating in a report on Tuesday, June 2nd. The Goldman Sachs Group reiterated a “buy” rating and issued a $220.00 price target on shares of XPO in a report on Thursday, April 30th. TD Cowen boosted their price target on XPO from $192.00 to $224.00 and gave the company a “buy” rating in a report on Friday, May 1st. Stifel Nicolaus set a $237.00 price target on XPO in a report on Friday, May 1st. Finally, Barclays boosted their price target on XPO from $195.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, May 1st.

XPO Trading Up 0.0%

Shares of XPO opened at $199.56 on Friday. The stock has a fifty day moving average of $213.50 and a two-hundred day moving average of $185.87. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.99 and a current ratio of 0.99. The company has a market capitalization of $23.43 billion, a PE ratio of 68.34, a price-to-earnings-growth ratio of 2.32 and a beta of 1.83. XPO has a fifty-two week low of $116.68 and a fifty-two week high of $232.05.

XPO (NYSE:XPO) last issued its quarterly earnings results on Thursday, April 30th. The transportation company reported $1.01 earnings per share for the quarter, beating the consensus estimate of $0.89 by $0.12. The company had revenue of $2.10 billion during the quarter, compared to the consensus estimate of $2.04 billion. XPO had a return on equity of 26.21% and a net margin of 4.19%.XPO’s revenue was up 7.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.73 EPS. As a group, analysts forecast that XPO will post 4.85 EPS for the current year.

Insiders Place Their Bets

In other XPO news, Director Allison Landry sold 2,400 shares of the business’s stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $215.61, for a total value of $517,464.00. Following the completion of the transaction, the director directly owned 4,849 shares in the company, valued at approximately $1,045,492.89. The trade was a 33.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.87% of the company’s stock.

Institutional Trading of XPO

Institutional investors and hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC increased its stake in XPO by 13.2% in the first quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 49 shares during the period. Smartleaf Asset Management LLC increased its stake in XPO by 13.8% in the fourth quarter. Smartleaf Asset Management LLC now owns 494 shares of the transportation company’s stock valued at $68,000 after acquiring an additional 60 shares during the period. V Square Quantitative Management LLC increased its stake in XPO by 19.1% in the first quarter. V Square Quantitative Management LLC now owns 374 shares of the transportation company’s stock valued at $73,000 after acquiring an additional 60 shares during the period. UMB Bank n.a. increased its stake in XPO by 4.4% in the fourth quarter. UMB Bank n.a. now owns 1,483 shares of the transportation company’s stock valued at $202,000 after acquiring an additional 63 shares during the period. Finally, Root Financial Partners LLC increased its stake in XPO by 21.1% in the first quarter. Root Financial Partners LLC now owns 362 shares of the transportation company’s stock valued at $70,000 after acquiring an additional 63 shares during the period. 97.73% of the stock is currently owned by institutional investors and hedge funds.

About XPO

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.