XPO (NYSE:XPO) PT Raised to $139.00 at Bank of America

XPO (NYSE:XPO) had its price objective boosted by Bank of America from $137.00 to $139.00 in a report issued on Monday, Benzinga reports. Bank of America currently has a buy rating on the transportation company’s stock.

Several other equities research analysts have also recently weighed in on XPO. JPMorgan Chase & Co. upped their price target on XPO from $97.00 to $122.00 and gave the stock an overweight rating in a research note on Thursday, February 8th. Barclays increased their target price on XPO from $100.00 to $125.00 and gave the company an overweight rating in a report on Thursday, February 8th. Morgan Stanley downgraded XPO from an equal weight rating to an underweight rating and increased their target price for the company from $75.00 to $80.00 in a report on Monday, February 12th. StockNews.com downgraded XPO from a hold rating to a sell rating in a research note on Thursday, December 28th. Finally, Stifel Nicolaus raised their price target on XPO from $77.00 to $87.00 and gave the company a hold rating in a report on Wednesday, January 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and fourteen have given a buy rating to the stock. According to data from MarketBeat, XPO has a consensus rating of Moderate Buy and a consensus target price of $111.65.

XPO Trading Down 2.8 %

NYSE XPO opened at $118.88 on Monday. The stock has a market capitalization of $13.83 billion, a price-to-earnings ratio of 73.84, a PEG ratio of 2.97 and a beta of 2.19. XPO has a one year low of $33.73 and a one year high of $130.51. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.00 and a quick ratio of 1.00. The business’s fifty day moving average is $122.34 and its 200-day moving average is $97.03.

XPO (NYSE:XPO) last released its earnings results on Wednesday, February 7th. The transportation company reported $0.77 earnings per share for the quarter, topping analysts’ consensus estimates of $0.62 by $0.15. XPO had a return on equity of 29.85% and a net margin of 2.44%. The company had revenue of $1.94 billion during the quarter, compared to the consensus estimate of $1.92 billion. During the same quarter in the previous year, the company posted $0.98 EPS. XPO’s quarterly revenue was up 6.0% compared to the same quarter last year. Equities research analysts predict that XPO will post 3.46 EPS for the current year.

Institutional Trading of XPO

A number of hedge funds and other institutional investors have recently bought and sold shares of XPO. Money Concepts Capital Corp boosted its stake in shares of XPO by 673.0% during the 4th quarter. Money Concepts Capital Corp now owns 773 shares of the transportation company’s stock worth $26,000 after acquiring an additional 673 shares in the last quarter. Mather Group LLC. purchased a new position in shares of XPO during the 1st quarter worth $27,000. Benjamin F. Edwards & Company Inc. increased its holdings in shares of XPO by 170.2% during the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 335 shares of the transportation company’s stock worth $30,000 after buying an additional 211 shares during the last quarter. International Assets Investment Management LLC acquired a new stake in shares of XPO during the 3rd quarter worth $31,000. Finally, Riverview Trust Co acquired a new stake in shares of XPO during the 1st quarter worth $31,000. 97.73% of the stock is currently owned by institutional investors and hedge funds.

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.