A share price of XPO Inc [XPO] is currently trading at $123.32, up 1.60%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The XPO shares have gain 3.97% over the last week, with a monthly amount glided 29.35%, and seem to be holding up well over a long-time horizon.
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On 5, March 2024, XPO Provides North American LTL Operating Data for February 2024. In a post published today on Yahoo Finance, XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for February 2024. LTL tonnage per day increased 3.5%, as compared with February 2023, attributable to a year-over-year increase of 5.8% in shipments per day and a decrease of 2.2% in weight per shipment. Actual results for February 2024 may vary from the preliminary results reported above.
From an analyst’s perspective:
XPO Inc [NYSE: XPO] stock has seen the most recent analyst activity on February 12, 2024, when Morgan Stanley downgraded its rating to a Underweight and also boosted its price target to $80 from $75. Previously, TD Cowen reaffirmed its Outperform rating on February 08, 2024, and elevated its price target to $129. On December 06, 2023, TD Cowen reiterated its Outperform rating and revised its price target to $96 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $95 on October 31, 2023. Evercore ISI upgraded its rating to a Outperform and raised its price target to $79 on September 27, 2023. Loop Capital downgraded its rating to Hold for this stock on August 18, 2023, and upped its price target to $74. In a note dated July 11, 2023, Vertical Research downgraded an Hold rating on this stock.
XPO Inc experienced fluctuations in its stock price throughout the past year between $29.02 and $125.18. Currently, Wall Street analysts expect the stock to reach $102.65 within the next 12 months. XPO Inc [NYSE: XPO] shares were valued at $123.32 at the most recent close of the market. An investor can expect a potential drop of -16.76% based on the average XPO price forecast.
Analyzing the XPO fundamentals
Trailing Twelve Months sales for XPO Inc [NYSE:XPO] were 7.74B which represents 5.95% growth. Gross Profit Margin for this corporation currently stands at 0.1% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.16 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.25.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 120.66 points at the first support level, and at 118.00 for the second support level. However, for the 1st resistance point, the stock is sitting at 125.36, and for the 2nd resistance point, it is at 127.40.
XPO Inc [XPO] reported earnings per share of $0.77 for its fiscal quarter that ended on 12/30/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.62/share, meaning a difference of $0.15 and a surprise factor of 24.20%. By comparison, the stated earnings for the previous quarter ended on 9/29/2023 were $0.88 per share as compared to estimates of $0.63 per share, a difference of $0.25 representing a surprise of 39.70%.
Ratios To Look Out For
To put it in perspective, the Current Ratio for XPO Inc [NYSE:XPO] is 1.00. Also, the Quick Ratio is 1.00, while the Cash Ratio stands at 0.26. Considering the valuation of this stock, the price to sales ratio is 1.85, the price to book ratio is 11.30 and price to earnings (TTM) ratio is 77.58.
Transactions by insiders
Recent insider trading involved Harik Mario A, Chief Executive Officer, that happened on Dec 31 when 9383.0 shares were sold. Director, FRYE J WES completed a deal on Nov 06 to buy 1500.0 shares. Meanwhile, Director Landry Allison sold 1600.0 shares on Jun 16.
