Brokerages Set XPO, Inc. (NYSE:XPO) Target Price at $225.86

Shares of XPO, Inc. (NYSE:XPO) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-five brokerages that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, five have assigned a hold rating, seventeen have assigned a buy rating and two have given a strong buy rating to the company. The average 12 month price objective among brokers that have issued ratings on the stock in the last year is $225.8571.

A number of research firms recently issued reports on XPO. Wells Fargo & Company lifted their price target on XPO from $235.00 to $250.00 and gave the company an “overweight” rating in a report on Friday, June 5th. Citigroup reduced their price objective on shares of XPO from $226.00 to $221.00 and set a “neutral” rating on the stock in a research note on Friday, July 31st. UBS Group increased their price target on XPO from $236.00 to $257.00 and gave the stock a “buy” rating in a report on Tuesday, July 7th. Citizens Jmp started coverage on XPO in a report on Wednesday, July 15th. They set a “market perform” rating for the company. Finally, Evercore upgraded shares of XPO from an “in-line” rating to an “outperform” rating in a report on Wednesday, July 1st.

XPO Stock Up 0.0%

Shares of XPO opened at $188.58 on Friday. XPO has a 52 week low of $121.48 and a 52 week high of $232.05. The firm has a market capitalization of $22.08 billion, a P/E ratio of 55.63, a P/E/G ratio of 1.91 and a beta of 1.85. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.01 and a current ratio of 1.01. The company has a 50-day simple moving average of $203.99 and a 200-day simple moving average of $205.34.

XPO (NYSE:XPO) last issued its quarterly earnings data on Thursday, July 30th. The transportation company reported $1.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.22. XPO had a return on equity of 29.64% and a net margin of 4.71%.The company had revenue of $2.35 billion during the quarter, compared to analysts’ expectations of $2.28 billion. During the same period last year, the business earned $1.05 earnings per share. The business’s revenue was up 13.2% on a year-over-year basis. On average, equities research analysts expect that XPO will post 5.44 earnings per share for the current year.

Insiders Place Their Bets

In other XPO news, CAO Christopher Michael Brown sold 3,750 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $201.94, for a total value of $757,275.00. Following the completion of the sale, the chief accounting officer owned 31,005 shares in the company, valued at $6,261,149.70. This trade represents a 10.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders own 0.87% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Parallel Advisors LLC increased its position in XPO by 13.2% during the first quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock worth $82,000 after buying an additional 49 shares in the last quarter. Smartleaf Asset Management LLC increased its position in XPO by 13.8% during the 4th quarter. Smartleaf Asset Management LLC now owns 494 shares of the transportation company’s stock worth $68,000 after purchasing an additional 60 shares in the last quarter. V Square Quantitative Management LLC increased its position in XPO by 19.1% during the 1st quarter. V Square Quantitative Management LLC now owns 374 shares of the transportation company’s stock worth $73,000 after purchasing an additional 60 shares in the last quarter. UMB Bank n.a. raised its stake in XPO by 4.4% in the 4th quarter. UMB Bank n.a. now owns 1,483 shares of the transportation company’s stock valued at $202,000 after purchasing an additional 63 shares during the last quarter. Finally, Root Financial Partners LLC lifted its holdings in XPO by 21.1% in the 1st quarter. Root Financial Partners LLC now owns 362 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 63 shares in the last quarter. 97.73% of the stock is currently owned by 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.