At the last check on Friday, XPO Inc.’s (NYSE:XPO) stock was up $3.68, moving up 5.38 percent to $72.15. The average number of shares traded per day over the past five days has been 2,285,381 shares. 2 times new highs have been achieved over the past 5 days, with a $0.82 gain in that time frame. In the last twenty days, the average volume was 2,325,130, while in the previous 50 days, it was 1,936,948.
Since last month, XPO stock rose 24.77%. Shares of the company fell to $56.81 on 07/06/23, the lowest level in the past month. A 52-week high of $72.85 was reached on 08/04/23 after having rallying from a 52-week low of $24.75. Since the beginning of this year, XPO’s stock price has risen by 116.75% or $39.13, and marked a new high 33 times. However, the stock has declined by -0.95% since its 52-week high.
XPO stock investors should be aware that XPO Inc. (XPO) stock had its last reported insider trading activity 49 days ago on Jun 16. Landry Allison, the Director of the company, disposed of 1,600 shares for $53.20 on Jun 16. It resulted in a $85,120 divestment by the insider. FRYE J WES added 1,500 shares at an average price of $35.74 on Mar 10. The insider now owns 1,500 shares following the transaction. On Aug 11, Chief Executive Officer BRADLEY S JACOBS sold 5,061,029 shares at $55.17 apiece. The transaction was valued at $279,216,970.
Valuation Metrics
Right now, XPO Inc. (XPO) has a P/E ratio of about 49.52. The stock’s beta is 2.25. Besides these, the trailing price-to-sales (P/S) ratio of 1.07, the price-to-book (PB) ratio of 7.94.
Financial Health
In the three months ended March 30, XPO Inc.’s quick ratio stood at 1.00, while its current ratio was 1.00, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 2.35, and the total debt-to-equity ratio was 2.41. On the profitability front, the trailing twelve-month gross margin is 36.60% percent. Based on annual data, XPO earned $1.62 billion in gross profit and brought in $7.72 billion in revenue.
In XPO Inc.’s quarter-end financial report for March 30, it reported total debt of $2.48 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. XPO’s revenue fell -82.12% to $1.8 billion during the quarter, while net income inched up to $1.91 billion. While analysts expected XPO Inc. to report $0.46 quarterly earnings, the actual figure was $0.56 per share, beating the consensus estimate by 21.70%. During the quarter, the company generated $159.0 million in EBITDA. The liabilities of XPO Inc. were 5.29 billion at the end of its most recent quarter ended March 30, and its total debt was $3.26 billion. The value of shareholders’ equity is $115.86 million.
Technical Picture
This quick technical analysis looks at XPO Inc.’s (XPO) price momentum. With a historical volatility rate of 54.86%, the RSI 9-day stood at 70.91% on 03 August.
With respect to its five-day moving average, the current XPO Inc. price is up by +1.15% percent or $0.82. At present, XPO shares trade +20.64% above its 20-day simple moving average and +122.22% percent above its 100-day simple moving average. However, the stock is currently trading approximately +54.64% above its SMA50 and +153.95% above its SMA200.
Stochastic coefficient K was 66.27% and Stochastic coefficient D was 68.60%, while ATR was 3.47. Given the Stochastic reading of 68.41% for the 14-day period, the RSI (14) reading has been calculated as 70.83%. As of today, the MACD Oscillator reading stands at -0.15, while the 14-day reading stands at 1.03.
Analyst Ratings
XPO Inc. downgraded its rating on XPO Inc. (NYSE: XPO) to a Hold in a note to investors on July 11, 2023. The analysts firm previously had a Buy rating on the stock.XPO Inc. (XPO) has been rated Overweight by analysts. According to 1 brokerage firm, XPO is a sell, and 9 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate XPO Inc. stock as buy, with 13 recommending it as overweight.
With a median target price of $65.00, the current consensus forecast for the stock is $45.00 – $81.00. Based on these forecasts, analysts predict XPO Inc. (XPO) will achieve an average price target of $63.32.
