Key Points
- XPO CFO Kyle Wismans sold 750 shares at an average price of $175.47, totaling $131,602.50. The Rule 10b5-1 transaction reduced his ownership by 1.54%, leaving him with 47,966 shares.
- XPO reported quarterly adjusted earnings of $1.70 per share and revenue of $2.35 billion, exceeding analyst estimates; revenue increased 13.2% year over year.
- Analyst sentiment remains generally positive, with a consensus “Moderate Buy” rating and average price target of $225, though some firms have downgraded the stock or lowered targets amid valuation concerns.
XPO, Inc. (NYSE:XPO - Get Free Report) CFO Kyle Wismans sold 750 shares of the company's stock in a transaction 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 completion of the sale, the chief financial officer owned 47,966 shares of the company's stock, valued at $8,416,594.02. This represents a 1.54% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Kyle Wismans also recently made the following trade(s):
- On Monday, September 14th, Kyle Wismans sold 750 shares of XPO stock. The stock was sold at an average price of $178.52, for a total value of $133,890.00.
XPO Stock Performance
Shares of XPO stock opened at $185.95 on Friday. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 1.55. The stock's fifty day moving average price is $191.03 and its 200-day moving average price is $202.02. The firm has a market cap of $21.77 billion, a P/E ratio of 54.85, a P/E/G ratio of 1.83 and a beta of 1.85. XPO, Inc. has a 12 month low of $121.48 and a 12 month high of $232.05.
XPO (NYSE:XPO - Get Free Report) last released its quarterly earnings data on Thursday, July 30th. The transportation company reported $1.70 earnings per share for the quarter, topping analysts' consensus estimates of $1.48 by $0.22. XPO had a net margin of 4.71% and a return on equity of 29.64%. The company had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.28 billion. During the same period in the prior year, the firm earned $1.05 earnings per share. The firm's revenue for the quarter was up 13.2% compared to the same quarter last year. On average, equities research analysts expect that XPO, Inc. will post 5.42 earnings per share for the current fiscal year.
Hedge Funds Weigh In On XPO
Large investors have recently added to or reduced their stakes in the company. BlackRock Inc. bought a new stake in shares of XPO in the 2nd quarter valued at about $2,985,276,000. MFN Partners Management LP bought a new position in shares of XPO during the 2nd quarter worth approximately $2,026,148,865. Clearbridge Investments LLC raised its stake in shares of XPO by 9.7% during the 4th quarter. Clearbridge Investments LLC now owns 2,970,231 shares of the transportation company's stock worth $403,684,000 after acquiring an additional 261,935 shares in the last quarter. Bessemer Group Inc. raised its stake in shares of XPO by 115.9% during the 1st quarter. Bessemer Group Inc. now owns 2,420,899 shares of the transportation company's stock worth $470,986,000 after acquiring an additional 1,299,480 shares in the last quarter. Finally, Findlay Park Partners LLP purchased a new stake in XPO during the second quarter valued at approximately $236,104,000. 97.73% of the stock is currently owned by institutional investors.
Key Headlines Impacting XPO
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.
Analyst Ratings Changes
Several brokerages have recently weighed in on XPO. Wells Fargo & Company upped their price target on shares of XPO from $235.00 to $250.00 and gave the stock an "overweight" rating in a research report on Friday, June 5th. 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 report on Monday, June 8th. Weiss Ratings downgraded shares of XPO from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, August 25th. TD Cowen boosted their price objective on shares of XPO from $224.00 to $228.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. Finally, Bank of America upped their target price on XPO from $228.00 to $230.00 and gave the stock a "buy" rating in a report on Friday. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, XPO presently has a consensus rating of "Moderate Buy" and an average target price of $225.00.
Check Out Our Latest Analysis on XPO
About XPO
(
Get Free Report)
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.
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