XPO (NYSE:XPO) Stock Rating Upgraded by Susquehanna

XPO (NYSE:XPO) was upgraded by Susquehanna from a “neutral” rating to a “positive” rating in a report issued on Friday,Finviz reports. The brokerage presently has a $180.00 price objective on the transportation company’s stock, up from their prior price objective of $155.00. Susquehanna’s price target indicates a potential upside of 22.54% from the stock’s previous close.

A number of other research firms have also issued reports on XPO. Stifel Nicolaus upped their target price on XPO from $124.00 to $147.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. Jefferies Financial Group lifted their price objective on XPO from $150.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, January 10th. Benchmark upped their target price on shares of XPO from $150.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, January 15th. Stephens reaffirmed an “overweight” rating and issued a $165.00 target price on shares of XPO in a research note on Wednesday, December 4th. Finally, Barclays dropped their target price on XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. One analyst has rated the stock with a sell rating, one has given a hold rating and fifteen have issued a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $152.53.

XPO Stock Performance

NYSE XPO opened at $146.89 on Friday. The business has a 50 day moving average price of $141.35 and a 200 day moving average price of $127.57. The company has a market capitalization of $17.10 billion, a P/E ratio of 47.54, a PEG ratio of 1.75 and a beta of 2.12. XPO has a 1-year low of $97.03 and a 1-year high of $161.00. The company has a debt-to-equity ratio of 2.04, a current ratio of 1.06 and a quick ratio of 1.06.

XPO (NYSE:XPO) last released its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.68 by $0.21. XPO had a net margin of 4.57% and a return on equity of 31.16%. Sell-side analysts expect that XPO will post 3.58 EPS for the current fiscal year.

Institutional Investors Weigh In On XPO

Institutional investors have recently modified their holdings of the stock. Northwestern Mutual Wealth Management Co. raised its position in shares of XPO by 151.1% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,748 shares of the transportation company’s stock valued at $186,000 after acquiring an additional 1,052 shares in the last quarter. GAMMA Investing LLC lifted its holdings in XPO by 50.3% in the third quarter. GAMMA Investing LLC now owns 944 shares of the transportation company’s stock worth $101,000 after acquiring an additional 316 shares during the last quarter. Atomi Financial Group Inc. acquired a new position in XPO in the third quarter valued at approximately $205,000. UMB Bank n.a. grew its holdings in shares of XPO by 356.6% during the third quarter. UMB Bank n.a. now owns 452 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 353 shares during the last quarter. Finally, Gateway Investment Advisers LLC raised its position in shares of XPO by 181.4% during the 3rd quarter. Gateway Investment Advisers LLC now owns 31,528 shares of the transportation company’s stock worth $3,390,000 after purchasing an additional 20,326 shares during the period. 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.