Analysts Set XPO, Inc. (NYSE:XPO) PT at $225.86

Shares of XPO, Inc. (NYSE:XPO) have received an average rating of “Moderate Buy” from the twenty-five ratings firms that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have issued a hold rating, seventeen have issued a buy rating and two have issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $225.8571.

XPO has been the topic of several analyst reports. Bank of America boosted their price objective on XPO from $244.00 to $246.00 and gave the stock a “buy” rating in a research note on Thursday, June 4th. Barclays raised their price objective on XPO from $195.00 to $250.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Stephens boosted their target price on XPO from $255.00 to $270.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Weiss Ratings lowered XPO from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, July 28th. Finally, Jefferies Financial Group raised their price target on XPO to $275.00 and gave the stock a “buy” rating in a research report on Wednesday, April 22nd.

XPO Stock Performance

XPO opened at $202.39 on Monday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.55. The company has a market cap of $23.70 billion, a price-to-earnings ratio of 59.70, a PEG ratio of 2.01 and a beta of 1.85. The company’s 50 day moving average is $209.09 and its 200 day moving average is $201.07. XPO has a 12-month low of $117.98 and a 12-month high of $232.05.

XPO (NYSE:XPO) last released its earnings results on Thursday, July 30th. The transportation company reported $1.70 EPS for the quarter, topping analysts’ consensus estimates of $1.48 by $0.22. XPO had a net margin of 4.71% and a return on equity of 29.64%. The company had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.28 billion. During the same quarter last year, the business earned $1.05 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year. On average, equities research analysts predict that XPO will post 5.38 EPS for the current year.

Insider Activity

In other XPO news, Director Allison Landry sold 2,400 shares of the company’s stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $215.61, for a total value of $517,464.00. Following the transaction, the director directly owned 4,849 shares in the company, valued at $1,045,492.89. This represents a 33.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 0.87% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Toth Financial Advisory Corp raised its holdings in shares of XPO by 100.0% during the fourth quarter. Toth Financial Advisory Corp now owns 200 shares of the transportation company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Elyxium Wealth LLC purchased a new position in XPO during the fourth quarter valued at approximately $28,000. Torren Management LLC purchased a new stake in XPO in the 4th quarter worth approximately $37,000. International Assets Investment Management LLC purchased a new stake in XPO in the 4th quarter worth approximately $41,000. Finally, Horizon Investments LLC purchased a new stake in XPO in the 3rd quarter worth approximately $39,000. 97.73% of the stock is currently owned by hedge funds and other institutional investors.

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.