XPO (NYSE:XPO) Releases Earnings Results, Beats Estimates By $0.21 EPS

XPO (NYSE:XPO) announced its quarterly earnings data on Thursday. The transportation company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.68 by $0.21, Zacks reports. XPO had a return on equity of 31.16% and a net margin of 4.57%.

XPO Price Performance

Shares of NYSE XPO opened at $146.89 on Friday. The company has a market capitalization of $17.10 billion, a PE ratio of 47.54, a P/E/G ratio of 1.75 and a beta of 2.12. The company has a quick ratio of 1.06, a current ratio of 1.06 and a debt-to-equity ratio of 2.04. XPO has a twelve month low of $97.03 and a twelve month high of $161.00. The firm has a fifty day simple moving average of $141.35 and a 200 day simple moving average of $127.57.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on XPO shares. Oppenheimer increased their target price on shares of XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Benchmark increased their price objective on shares of XPO from $150.00 to $155.00 and gave the company a “buy” rating in a research note on Wednesday, January 15th. Jefferies Financial Group boosted their target price on shares of XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, January 10th. Citigroup increased their price target on XPO from $155.00 to $179.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, Barclays reduced their price objective on XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and fifteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, XPO currently has a consensus rating of “Moderate Buy” and an average price target of $152.53.

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.