XPO (NYSE:XPO) Upgraded at Stifel Nicolaus

Stifel Nicolaus upgraded shares of XPO (NYSE:XPO) from a hold rating to a buy rating in a report issued on Monday morning, Marketbeat Ratings reports. The firm currently has $147.00 target price on the transportation company’s stock.

A number of other equities analysts have also commented on the stock. Barclays reduced their target price on shares of XPO from $170.00 to $165.00 and set an “overweight” rating on the stock in a research report on Friday, January 17th. Oppenheimer raised their price objective on XPO from $148.00 to $176.00 and gave the stock an “outperform” rating in a report on Thursday, December 12th. Wells Fargo & Company lowered their target price on XPO from $175.00 to $170.00 and set an “overweight” rating for the company in a report on Tuesday, January 7th. Susquehanna raised XPO from a “neutral” rating to a “positive” rating and increased their price target for the stock from $155.00 to $180.00 in a research report on Friday, February 7th. Finally, Stephens restated an “overweight” rating and issued a $165.00 price objective on shares of XPO in a report on Wednesday, December 4th. Sixteen research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, XPO currently has a consensus rating of “Buy” and an average price target of $161.13.

XPO Price Performance

XPO opened at $122.32 on Monday. The business has a fifty day moving average of $136.63 and a 200 day moving average of $130.34. The stock has a market cap of $14.34 billion, a P/E ratio of 37.87, a PEG ratio of 1.79 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 2.08. XPO has a 52-week low of $97.03 and a 52-week high of $161.00.

XPO (NYSE:XPO) last issued its earnings results on Thursday, February 6th. The transportation company reported $0.89 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.68 by $0.21. XPO had a net margin of 4.81% and a return on equity of 30.36%. As a group, sell-side analysts anticipate that XPO will post 4.15 EPS for the current year.

Institutional Investors Weigh In On XPO

Hedge funds and other institutional investors have recently bought and sold shares of the company. Argent Trust Co lifted its holdings in shares of XPO by 1.9% during the 4th quarter. Argent Trust Co now owns 3,940 shares of the transportation company’s stock valued at $517,000 after purchasing an additional 75 shares during the last quarter. Larson Financial Group LLC increased its position in XPO by 25.6% during the 4th quarter. Larson Financial Group LLC now owns 373 shares of the transportation company’s stock valued at $49,000 after buying an additional 76 shares in the last quarter. Scientech Research LLC raised its stake in XPO by 0.9% in the fourth quarter. Scientech Research LLC now owns 9,843 shares of the transportation company’s stock valued at $1,291,000 after buying an additional 84 shares during the last quarter. UMB Bank n.a. boosted its holdings in XPO by 19.0% in the fourth quarter. UMB Bank n.a. now owns 538 shares of the transportation company’s stock worth $71,000 after acquiring an additional 86 shares in the last quarter. Finally, SageView Advisory Group LLC grew its stake in shares of XPO by 2.1% during the fourth quarter. SageView Advisory Group LLC now owns 4,626 shares of the transportation company’s stock worth $607,000 after acquiring an additional 96 shares during the last quarter. Hedge funds and other institutional investors 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.