XPO’s (XPO) Overweight Rating Reaffirmed at Stephens

Stephens restated their overweight rating on shares of XPO (NYSE:XPO) in a research note released on Monday morning, Benzinga reports. They currently have a $150.00 price target on the transportation company’s stock.

XPO has been the subject of several other research reports. Barclays boosted their price objective on XPO from $100.00 to $125.00 and gave the stock an overweight rating in a research report on Thursday, February 8th. Stifel Nicolaus increased their price objective on XPO from $77.00 to $87.00 and gave the company a hold rating in a research report on Wednesday, January 10th. Benchmark upped their target price on shares of XPO from $125.00 to $140.00 and gave the company a buy rating in a research note on Tuesday, April 16th. Bank of America raised their price target on shares of XPO from $137.00 to $139.00 and gave the stock a buy rating in a research report on Monday, April 15th. Finally, The Goldman Sachs Group upped their price objective on shares of XPO from $98.00 to $126.00 and gave the company a buy rating in a research report on Thursday, February 8th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and fifteen have issued a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of Moderate Buy and an average target price of $114.95.

XPO Stock Up 1.5 %

Shares of XPO stock opened at $112.00 on Monday. XPO has a 12-month low of $45.24 and a 12-month high of $130.51. The stock has a market capitalization of $13.03 billion, a P/E ratio of 54.90, a PEG ratio of 2.69 and a beta of 2.17. The company has a quick ratio of 1.00, a current ratio of 0.94 and a debt-to-equity ratio of 2.49. The stock has a 50 day moving average price of $120.32 and a two-hundred day moving average price of $100.97.

XPO (NYSE:XPO) last posted its quarterly earnings data on Friday, May 3rd. The transportation company reported $0.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.68 by $0.13. The business had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.01 billion. XPO had a net margin of 3.08% and a return on equity of 30.77%. XPO’s quarterly revenue was up 5.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.56 EPS. Equities analysts expect that XPO will post 3.49 earnings per share for the current year.

Institutional Trading of XPO

Large investors have recently added to or reduced their stakes in the company. Mather Group LLC. bought a new stake in XPO during the 1st quarter worth approximately $27,000. Riverview Trust Co acquired a new stake in shares of XPO in the first quarter valued at $31,000. ORG Partners LLC bought a new position in shares of XPO in the first quarter valued at about $36,000. Dixon Mitchell Investment Counsel Inc. acquired a new position in XPO during the 1st quarter worth about $37,000. Finally, Rise Advisors LLC bought a new stake in XPO during the 1st quarter worth about $37,000. 97.73% of the stock is owned by institutional investors.

XPO Company Profile

XPO, Inc provides freight transportation services in the United States, rest of North America, France, the United Kingdom, rest of Europe, and internationally. The company operates in two segments, North American LTL and European Transportation. The North American LTL segment provides customers with less-than-truckload (LTL) services, such as geographic density and day-definite domestic services.