XPO (NYSE:XPO) Price Target Raised to $205.00

XPO (NYSE:XPO) had its target price raised by Citigroup from $167.00 to $205.00 in a report released on Monday morning,Benzinga reports. They currently have a neutral rating on the transportation company’s stock.

Other equities analysts have also recently issued research reports about the company. Morgan Stanley reiterated an “underweight” rating and set a $95.00 price objective on shares of XPO in a report on Thursday, February 5th. Benchmark reiterated a “buy” rating on shares of XPO in a report on Friday, February 6th. JPMorgan Chase & Co. increased their price objective on shares of XPO from $160.00 to $189.00 and gave the stock an “overweight” rating in a research report on Friday, February 6th. Evercore ISI set a $200.00 price objective on shares of XPO in a report on Friday, February 6th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $180.00 target price on shares of XPO in a research note on Thursday, February 5th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $178.17.

XPO Trading Up 0.8%

Shares of NYSE XPO opened at $201.69 on Monday. XPO has a twelve month low of $85.06 and a twelve month high of $207.04. The stock has a market cap of $23.63 billion, a price-to-earnings ratio of 76.11, a P/E/G ratio of 2.63 and a beta of 2.01. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 1.75. The company’s fifty day moving average is $152.08 and its 200-day moving average is $138.54.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, February 5th. The transportation company reported $0.88 EPS for the quarter, beating analysts’ consensus estimates of $0.76 by $0.12. The business had revenue of $2.01 billion during the quarter, compared to analysts’ expectations of $1.95 billion. XPO had a net margin of 3.87% and a return on equity of 25.07%. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.89 EPS. Equities research analysts predict that XPO will post 4.15 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of XPO. Picton Mahoney Asset Management raised its stake in shares of XPO by 20.9% during the 4th quarter. Picton Mahoney Asset Management now owns 183,573 shares of the transportation company’s stock worth $24,949,000 after purchasing an additional 31,788 shares in the last quarter. Wellspring Financial Advisors LLC acquired a new position in XPO during the fourth quarter worth $369,000. Fox Run Management L.L.C. increased its holdings in XPO by 33.8% during the fourth quarter. Fox Run Management L.L.C. now owns 10,037 shares of the transportation company’s stock worth $1,364,000 after buying an additional 2,538 shares during the last quarter. Cerity Partners LLC raised its position in XPO by 9.9% during the fourth quarter. Cerity Partners LLC now owns 4,246 shares of the transportation company’s stock worth $577,000 after acquiring an additional 382 shares in the last quarter. Finally, TIAA Trust National Association lifted its stake in XPO by 5.7% in the fourth quarter. TIAA Trust National Association now owns 6,253 shares of the transportation company’s stock valued at $850,000 after acquiring an additional 335 shares during 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.