XPO (NYSE:XPO) PT Raised to $138.00 at TD Cowen

XPO (NYSE:XPO) had its price target lifted by stock analysts at TD Cowen from $136.00 to $138.00 in a research report issued to clients and investors on Monday, Marketbeat.com reports. The brokerage currently has a “buy” rating on the transportation company’s stock. TD Cowen’s price objective would indicate a potential upside of 25.05% from the stock’s current price.

Several other research firms have also recently commented on XPO. Citigroup raised their price target on shares of XPO from $100.00 to $135.00 and gave the stock a “buy” rating in a report on Thursday, February 8th. Benchmark boosted their price target on shares of XPO from $125.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, April 16th. Raymond James increased their price objective on XPO from $130.00 to $145.00 and gave the stock an “outperform” rating in a report on Monday, April 15th. Stifel Nicolaus boosted their target price on XPO from $77.00 to $87.00 and gave the company a “hold” rating in a research note on Wednesday, January 10th. Finally, BMO Capital Markets upped their target price on XPO from $100.00 to $145.00 and gave the stock an “outperform” rating in a research report on Thursday, February 8th. Two 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 data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $114.95.

XPO Price Performance

XPO opened at $110.36 on Monday. The firm has a market capitalization of $12.84 billion, a P/E ratio of 54.10, a PEG ratio of 2.69 and a beta of 2.17. The stock has a fifty day moving average of $120.44 and a 200-day moving average of $100.89. The company has a quick ratio of 1.00, a current ratio of 0.94 and a debt-to-equity ratio of 2.49. XPO has a 12-month low of $45.24 and a 12-month high of $130.51.

XPO (NYSE:XPO) last announced 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. XPO had a return on equity of 30.77% and a net margin of 3.08%. The firm had revenue of $2.02 billion during the quarter, compared to the consensus estimate of $2.01 billion. During the same period in the prior year, the business earned $0.56 EPS. The business’s revenue for the quarter was up 5.8% on a year-over-year basis. Equities analysts forecast that XPO will post 3.49 EPS for the current fiscal year.

Hedge Funds Weigh In On XPO

Several large investors have recently made changes to their positions in the business. Commonwealth Equity Services LLC grew its holdings in XPO by 2.6% in the 3rd quarter. Commonwealth Equity Services LLC now owns 19,896 shares of the transportation company’s stock valued at $1,486,000 after buying an additional 495 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of XPO by 1.2% during the third quarter. Cambridge Investment Research Advisors Inc. now owns 14,006 shares of the transportation company’s stock worth $1,046,000 after buying an additional 160 shares during the last quarter. Raymond James Financial Services Advisors Inc. boosted its position in shares of XPO by 17.7% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 42,754 shares of the transportation company’s stock valued at $3,192,000 after acquiring an additional 6,426 shares during the period. Brown Advisory Inc. grew its stake in shares of XPO by 5.2% in the third quarter. Brown Advisory Inc. now owns 7,778 shares of the transportation company’s stock worth $581,000 after acquiring an additional 386 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of XPO by 20.7% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 22,806 shares of the transportation company’s stock worth $1,703,000 after acquiring an additional 3,906 shares during the last quarter. Institutional investors and hedge funds own 97.73% of the company’s stock.

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.