XPO, Inc. (NYSE:XPO) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of XPO, Inc. (NYSE:XPO) have received an average recommendation of “Moderate Buy” from the twenty-four analysts that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, six have issued a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $182.1429.

XPO has been the subject of a number of analyst reports. Wolfe Research cut XPO from an “outperform” rating to a “peer perform” rating in a report on Thursday, January 8th. UBS Group set a $210.00 price objective on XPO and gave the company a “buy” rating in a report on Friday, February 6th. BMO Capital Markets set a $230.00 price objective on XPO in a research report on Thursday, February 19th. Benchmark reaffirmed a “buy” rating on shares of XPO in a research note on Tuesday, March 3rd. Finally, Wall Street Zen upgraded XPO from a “hold” rating to a “buy” rating in a research report on Saturday, February 7th.

Hedge Funds Weigh In On XPO

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Smartleaf Asset Management LLC grew its position in shares of 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 purchasing an additional 60 shares during the period. UMB Bank n.a. raised its position in shares of XPO by 4.4% during the 4th quarter. UMB Bank n.a. now owns 1,483 shares of the transportation company’s stock worth $202,000 after purchasing an additional 63 shares during the last quarter. Blair William & Co. IL raised its position in shares of XPO by 1.4% during the 4th quarter. Blair William & Co. IL now owns 4,927 shares of the transportation company’s stock worth $670,000 after purchasing an additional 70 shares during the last quarter. Allworth Financial LP lifted its stake in XPO by 10.1% in the 4th quarter. Allworth Financial LP now owns 810 shares of the transportation company’s stock valued at $110,000 after buying an additional 74 shares in the last quarter. Finally, Vise Technologies Inc. lifted its stake in XPO by 3.4% in the 3rd quarter. Vise Technologies Inc. now owns 2,301 shares of the transportation company’s stock valued at $297,000 after buying an additional 76 shares in the last quarter. 97.73% of the stock is owned by hedge funds and other institutional investors.

XPO Stock Performance

XPO stock traded down $1.21 during midday trading on Friday, hitting $181.60. 110,096 shares of the stock traded hands, compared to its average volume of 1,863,001. XPO has a 1-year low of $85.06 and a 1-year high of $220.50. The company has a debt-to-equity ratio of 1.75, a current ratio of 1.05 and a quick ratio of 1.05. The stock’s fifty day simple moving average is $176.76 and its 200-day simple moving average is $149.36. The firm has a market cap of $21.27 billion, a P/E ratio of 68.87, a PEG ratio of 2.51 and a beta of 1.94.

XPO (NYSE:XPO) last issued its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 earnings per share for the quarter, topping analysts’ consensus estimates of $0.76 by $0.12. XPO had a net margin of 3.87% and a return on equity of 25.07%. The business had revenue of $2.01 billion during the quarter, compared to the consensus estimate of $1.95 billion. During the same quarter in the prior year, the firm posted $0.89 earnings per share. The company’s revenue was up 4.7% compared to the same quarter last year. On average, analysts expect that XPO will post 4.15 earnings per share for the current year.

XPO Company Profile

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.