Susquehanna Cuts XPO (NYSE:XPO) Price Target to $194.00

XPO (NYSE:XPO) had its price target reduced by Susquehanna from $225.00 to $194.00 in a research note published on Friday, Marketbeat reports. They currently have a neutral rating on the transportation company’s stock.

A number of other research analysts have also issued reports on the company. Oppenheimer boosted their target price on XPO from $236.00 to $238.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Evercore raised XPO from an “in-line” rating to an “outperform” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. lifted their price objective on shares of XPO from $208.00 to $210.00 and gave the company an “overweight” rating in a research report on Monday, June 8th. Weiss Ratings lowered shares of XPO from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, August 25th. Finally, UBS Group boosted their price objective on shares of XPO from $236.00 to $257.00 and gave the company a “buy” rating in a research note on Tuesday, July 7th. One analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $225.00.

XPO Price Performance

Shares of XPO opened at $185.95 on Friday. The company has a debt-to-equity ratio of 1.55, a quick ratio of 1.01 and a current ratio of 1.01. XPO has a fifty-two week low of $121.48 and a fifty-two week high of $232.05. The firm has a 50-day simple moving average of $191.03 and a 200-day simple moving average of $202.13. The company has a market capitalization of $21.77 billion, a price-to-earnings ratio of 54.85, a price-to-earnings-growth ratio of 1.89 and a beta of 1.85.

XPO (NYSE:XPO) last issued its quarterly earnings results on Thursday, July 30th. The transportation company reported $1.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.22. The firm had revenue of $2.35 billion for the quarter, compared to analysts’ expectations of $2.28 billion. XPO had a return on equity of 29.64% and a net margin of 4.71%.The firm’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.05 EPS. On average, equities research analysts anticipate that XPO will post 5.42 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Kyle Wismans sold 750 shares of XPO stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $175.47, for a total value of $131,602.50. Following the sale, the chief financial officer directly owned 47,966 shares in the company, valued at $8,416,594.02. The trade was a 1.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO David J. Bates sold 2,615 shares of XPO stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $179.41, for a total value of $469,157.15. Following the completion of the sale, the chief operating officer owned 64,735 shares in the company, valued at approximately $11,614,106.35. This trade represents a 3.88% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 11,730 shares of company stock worth $2,208,974. Company insiders own 0.87% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Keating Financial Advisory Services Inc. purchased a new stake in shares of XPO during the 2nd quarter worth $32,000. Transamerica Financial Advisors LLC purchased a new position in shares of XPO in the 2nd quarter valued at about $32,000. Root Financial Partners LLC increased its holdings in shares of XPO by 21.1% in the 1st quarter. Root Financial Partners LLC now owns 362 shares of the transportation company’s stock valued at $70,000 after purchasing an additional 63 shares in the last quarter. V Square Quantitative Management LLC lifted its stake in shares of XPO by 19.1% in the first quarter. V Square Quantitative Management LLC now owns 374 shares of the transportation company’s stock valued at $73,000 after purchasing an additional 60 shares during the period. Finally, Parallel Advisors LLC lifted its stake in shares of XPO by 13.2% in the first quarter. Parallel Advisors LLC now owns 421 shares of the transportation company’s stock valued at $82,000 after purchasing an additional 49 shares during the period. Hedge funds and other institutional investors own 97.73% of the company’s stock.

XPO News Summary

Here are the key news stories impacting XPO this week:

• Positive Sentiment: Network expansion supports growth outlook: XPO opened new service centers in Mesa, Arizona, and Cameron, Missouri, adding capacity in fast-growing freight markets. The facilities are intended to improve customer service, support shipment growth and strengthen the company’s network. XPO Opens Two New Service Centers in Fast-Growing Freight Markets
• Positive Sentiment: Bank of America remains bullish: Bank of America raised its price target for XPO from $228 to $230 and maintained a “buy” rating, implying meaningful potential appreciation from the referenced trading level. This provides a positive counterweight to more cautious analyst views.
• Neutral Sentiment: Analyst sentiment is divided: Susquehanna lowered its price target from $225 to $194 and assigned a “neutral” rating. The revised target still suggests modest upside, but the reduction indicates more cautious expectations for XPO’s valuation or operating outlook.
• Neutral Sentiment: Executive stock sales were made under trading plans: CFO Kyle Wismans sold 750 shares and COO David Bates sold 2,615 shares. Both transactions were conducted under pre-arranged Rule 10b5-1 plans, reducing their significance as a discretionary signal about management’s view of the business. CFO SEC Filing
• Negative Sentiment: Zacks downgraded XPO: Zacks Research cut its rating from “strong buy” to “hold,” adding to near-term concerns about valuation and the durability of the company’s growth momentum.

XPO Company Profile

XPO, Inc is a transportation and logistics company that provides freight services to businesses in North America and Europe. Its primary business is less-than-truckload (LTL) transportation, which consolidates shipments from multiple customers onto individual trailers. The company serves manufacturers, retailers, distributors and other commercial customers.

XPO’s services include regional, interregional and cross-border LTL transportation, freight pickup and delivery, shipment tracking, and related supply chain solutions.