The stock of XPO Inc. (NYSE:XPO) last traded at $46.75, down -0.17% from the previous session.
Data from the available sources indicates that XPO Inc. (NYSE:XPO) is covered by 24 analysts. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $60.00 and a low of $45.00, we find $52.00. Given the previous closing price of $46.83, this indicates a potential upside of 11.04 percent. XPO stock price is now 21.46% away from the 50-day moving average and 32.76% away from the 200-day moving average. The market capitalization of the company currently stands at $5.52B.
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In total, 8 analysts have assigned it a hold rating, and 13 have given it a buy rating. Brokers who have rated the stock have averaged $51.57 as their price target over the next twelve months.
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In other news, FRYE J WES, Director bought 1,500 shares of the company’s stock on Mar 10. The stock was bought for $53,610 at an average price of $35.74. Upon completion of the transaction, the Director now directly owns 1,500 shares in the company, valued at $70125.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 11, Chief Executive Officer BRADLEY S JACOBS sold 5,061,029 shares of the business’s stock. A total of $279,216,970 was realized by selling the stock at an average price of $55.17. This leaves the insider owning 1,300,701 shares of the company worth $60.81 million. Insiders disposed of 5,173,964 shares of company stock worth roughly $241.88 million over the past 1 year. A total of 0.40% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in XPO stock. A new stake in XPO Inc. shares was purchased by BALYASNY ASSET MANAGEMENT L.P. during the first quarter worth $51,037,000. KAILIX ADVISORS LLC invested $23,569,000 in shares of XPO during the first quarter. In the first quarter, SQUAREPOINT OPS LLC acquired a new stake in XPO Inc. valued at approximately $7,621,000. TEILINGER CAPITAL LTD. acquired a new stake in XPO for approximately $7,017,000. DEKABANK DEUTSCHE GIROZENTRALE purchased a new stake in XPO valued at around $5,750,000 in the second quarter. In total, there are 563 active investors with 93.10% ownership of the company’s stock.
With an opening price of $46.32 on Wednesday morning, XPO Inc. (NYSE: XPO) set off the trading day. During the past 12 months, XPO Inc. has had a low of $24.75 and a high of $49.20. As of last week, the company has a debt-to-equity ratio of 2.50, a current ratio of 1.10, and a quick ratio of 1.10. According to the stock market information, the enterprise value for the company is $8.33B, which is based on a 29.48 price-to-earnings ratio, a 14.74 price-to-earnings-growth ratio, and a beta of 2.18. The fifty day moving average price for XPO is $38.77 and a two-hundred day moving average price translates $35.28 for the stock.
The latest earnings results from XPO Inc. (NYSE: XPO) was released for Mar, 2023. According to the Trucking Company, earnings per share came in at $0.56, beating analysts’ expectations of $0.46 by 0.1. This compares to $3.94 EPS in the same period last year. The company reported revenue of $1.91 billion for the quarter, compared to $1.89 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 0.69 percent. For the current quarter, analysts expect XPO to generate $1.95B in revenue.
Moreover, the firm recently paid out its quarterly dividend on 08/02/2021. Investors who held shares on 07/23/2021 were paid a $63.07 dividend.
XPO Inc.(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. This segment also offers cross-border U.S., Mexico, Canada, and the Caribbean, as well as engages in the operation of trailer manufacturing. The European Transportation segment offers dedicated truckload, LTL, truck brokerage, managed transportation, last mile, freight forwarding and multimodal solutions, such as road-rail and road-short sea combinations. It provides its services to customers in various industries, such as industrial and manufacturing, retail and e-commerce, food and beverage, logistics and transportation, and consumer goods. The company was formerly known as XPO Logistics, Inc. and changed its name to XPO, Inc. in December 2022. XPO, Inc. was incorporated in 2000 and is based in Greenwich, Connecticut.
