XPO (NYSE:XPO) Posts Earnings Results

XPO (NYSE:XPO) posted its quarterly earnings data on Thursday. The transportation company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.68 by $0.21, Zacks reports. XPO had a return on equity of 31.16% and a net margin of 4.57%.

XPO Stock Up 7.2 %

Shares of NYSE:XPO traded up $9.83 during mid-day trading on Thursday, hitting $146.14. 1,383,697 shares of the company traded hands, compared to its average volume of 1,512,098. The company has a current ratio of 1.06, a quick ratio of 1.06 and a debt-to-equity ratio of 2.04. The stock has a 50-day moving average price of $141.35 and a two-hundred day moving average price of $127.57. XPO has a 12-month low of $97.03 and a 12-month high of $161.00. The stock has a market cap of $17.01 billion, a P/E ratio of 47.36, a P/E/G ratio of 1.75 and a beta of 2.12.

Analysts Set New Price Targets

Several equities analysts have recently commented on XPO shares. Oppenheimer boosted their target price on shares of XPO from $148.00 to $176.00 and gave the company an “outperform” rating in a research report on Thursday, December 12th. Barclays dropped their target price on XPO from $170.00 to $165.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. The Goldman Sachs Group boosted their price objective on shares of XPO from $150.00 to $167.00 and gave the stock a “buy” rating in a research note on Thursday, December 12th. Jefferies Financial Group increased their target price on shares of XPO from $150.00 to $165.00 and gave the company a “buy” rating in a research report on Friday, January 10th. Finally, Stifel Nicolaus increased their price target on XPO from $124.00 to $147.00 and gave the stock a “hold” rating in a report on Thursday, January 23rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and fourteen have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, XPO currently has a consensus rating of “Moderate Buy” and an average target price of $151.06.

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.