XPO (NYSE:XPO) Stock Price Expected to Rise, Jefferies Financial Group Analyst Says

XPO (NYSE:XPO) had its target price raised by Jefferies Financial Group from $150.00 to $165.00 in a research note issued on Friday,Benzinga reports. The brokerage presently has a “buy” rating on the transportation company’s stock. Jefferies Financial Group’s target price would suggest a potential upside of 23.02% from the company’s current price.

A number of other analysts have also recently weighed in on XPO. Stifel Nicolaus upped their price target on shares of XPO from $125.00 to $126.00 and gave the stock a “buy” rating in a research report on Monday, October 21st. TD Cowen upped their target price on shares of XPO from $137.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 31st. JPMorgan Chase & Co. boosted their price target on XPO from $146.00 to $160.00 and gave the company an “overweight” rating in a report on Friday, December 6th. Wells Fargo & Company dropped their price target on XPO from $175.00 to $170.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Oppenheimer boosted their target price on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research note on Thursday, December 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and fifteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, XPO has an average rating of “Moderate Buy” and an average target price of $149.24.

XPO Trading Down 2.2 %

XPO stock traded down $3.06 during trading on Friday, hitting $134.12. The company’s stock had a trading volume of 367,197 shares, compared to its average volume of 1,520,404. The stock’s fifty day moving average is $145.47 and its 200 day moving average is $123.60. XPO has a 1-year low of $80.26 and a 1-year high of $161.00. The stock has a market capitalization of $15.61 billion, a price-to-earnings ratio of 43.40, a P/E/G ratio of 2.37 and a beta of 2.11. The company has a debt-to-equity ratio of 2.04, a quick ratio of 1.06 and a current ratio of 1.06.

XPO (NYSE:XPO) last announced its quarterly earnings data on Wednesday, October 30th. The transportation company reported $1.02 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.13. XPO had a net margin of 4.57% and a return on equity of 31.16%. The business had revenue of $2.05 billion for the quarter, compared to analyst estimates of $2.02 billion. During the same period in the prior year, the firm posted $0.88 EPS. The company’s revenue was up 3.7% on a year-over-year basis. As a group, equities research analysts predict that XPO will post 3.62 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the stock. Perennial Investment Advisors LLC boosted its stake in XPO by 5.5% during the 2nd quarter. Perennial Investment Advisors LLC now owns 1,983 shares of the transportation company’s stock valued at $210,000 after purchasing an additional 103 shares in the last quarter. Coldstream Capital Management Inc. boosted its stake in XPO by 5.0% during the third quarter. Coldstream Capital Management Inc. now owns 2,239 shares of the transportation company’s stock valued at $245,000 after buying an additional 107 shares in the last quarter. CIBC Asset Management Inc grew its holdings in XPO by 3.6% during the third quarter. CIBC Asset Management Inc now owns 3,343 shares of the transportation company’s stock worth $359,000 after acquiring an additional 116 shares during the period. Stephens Inc. AR raised its position in XPO by 6.4% in the third quarter. Stephens Inc. AR now owns 2,377 shares of the transportation company’s stock worth $256,000 after acquiring an additional 142 shares in the last quarter. Finally, Resources Management Corp CT ADV lifted its holdings in XPO by 1.9% in the 2nd quarter. Resources Management Corp CT ADV now owns 7,584 shares of the transportation company’s stock valued at $805,000 after acquiring an additional 145 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

About XPO

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.