Susquehanna Lowers XPO (NYSE:XPO) Price Target to $160.00

XPO (NYSE:XPO) had its target price lowered by Susquehanna from $162.00 to $160.00 in a note issued to investors on Monday,Benzinga reports. The firm presently has a “positive” rating on the transportation company’s stock. Susquehanna’s price target suggests a potential upside of 13.54% from the company’s previous close.

Other equities analysts have also issued research reports about the company. UBS Group raised their price objective on XPO from $150.00 to $162.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Oppenheimer set a $154.00 target price on XPO and gave the stock an “outperform” rating in a research report on Friday, October 31st. Truist Financial set a $145.00 price objective on XPO in a report on Tuesday, October 14th. Redburn Partners set a $156.00 price objective on shares of XPO in a research report on Wednesday, November 26th. Finally, Barclays lifted their price target on shares of XPO from $145.00 to $160.00 and gave the company an “overweight” rating in a report on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, XPO presently has a consensus rating of “Moderate Buy” and an average target price of $149.57.

XPO Price Performance

XPO stock opened at $140.92 on Monday. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.02 and a quick ratio of 1.02. XPO has a 1 year low of $85.06 and a 1 year high of $155.08. The firm has a 50-day moving average of $138.46 and a 200 day moving average of $132.66. The company has a market cap of $16.54 billion, a P/E ratio of 50.27, a PEG ratio of 2.25 and a beta of 2.02.

XPO (NYSE:XPO) last posted its earnings results on Tuesday, April 11th. The transportation company reported $0.64 earnings per share for the quarter. XPO had a return on equity of 26.14% and a net margin of 4.13%.The firm had revenue of ($2,243.00) million for the quarter. On average, sell-side analysts forecast that XPO will post 4.15 EPS for the current year.

Institutional Investors Weigh In On XPO

Several institutional investors have recently added to or reduced their stakes in XPO. Vise Technologies Inc. boosted its holdings in XPO by 3.4% during the third quarter. Vise Technologies Inc. now owns 2,301 shares of the transportation company’s stock worth $297,000 after buying an additional 76 shares in the last quarter. GAMMA Investing LLC grew its position in shares of XPO by 4.4% in the second quarter. GAMMA Investing LLC now owns 1,860 shares of the transportation company’s stock valued at $235,000 after purchasing an additional 78 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in shares of XPO by 23.0% in the third quarter. Parkside Financial Bank & Trust now owns 439 shares of the transportation company’s stock valued at $57,000 after purchasing an additional 82 shares during the period. Archer Investment Corp increased its holdings in shares of XPO by 9.6% during the 3rd quarter. Archer Investment Corp now owns 932 shares of the transportation company’s stock worth $120,000 after buying an additional 82 shares during the last quarter. Finally, Bayforest Capital Ltd grew its holdings in shares of XPO by 72.8% during the 3rd quarter. Bayforest Capital Ltd now owns 197 shares of the transportation company’s stock worth $25,000 after purchasing an additional 83 shares during the period. Institutional investors and hedge funds own 97.73% of the company’s stock.

XPO Company Profile

XPO Logistics, Inc is a global provider of transportation and logistics services, offering a broad portfolio of solutions designed to optimize supply chains for businesses of all sizes. The company’s operations span freight brokerage, less-than-truckload (LTL) shipping, full truckload transportation, last-mile delivery, contract logistics and global forwarding. XPO aims to leverage advanced technology and operational expertise to drive efficiency, visibility and reliability across end-to-end supply-chain networks.

In its freight brokerage segment, XPO connects shippers to a network of carriers through digital platforms that facilitate rate comparisons, booking, tracking and settlement.