XPO Inc. (NYSE:XPO) saw a downside of -0.14% to $69.23 after subtracting -$0.1on Wednesday. The 5-day average trading volume is 1,506,542 shares of the company’s common stock. It has gained $72.95 in the past week and touched a new high 1 time within the past 5 days. An average of 1,842,291 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,035,392.
XPO’s 1-month performance is 2.70% or $3.52 on its low of $63.52 reached on 07/24/23. The company’s shares have touched a 52-week low of $24.75 and high of $76.77, with the stock’s rally to the 52-week high happening on 08/04/23. YTD, XPO has achieved 107.96% or $36.07 and has reached a new high 33 times. However, the current price is down -9.82% from the 52-week high price.
Insider Transactions
XPO stock investors last saw insider trading activity on Jun 16.Landry Allison (Director) most recently sold 1,600 shares at $53.20 per share on Jun 16. This transaction cost the insider $85,120.
Valuation Metrics
XPO stock has a beta of 2.22. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.06 while the price-to-book (PB) in the most recent quarter is 7.17.
XPO Inc.’s quick ratio for the period ended June 29 was 1.00, with the current ratio over the same period at 1.00. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.19, while the total debt to equity was 2.25. In terms of profitability, the gross margin trailing 12 months is 37.20%. The trailing 12-month EBITDA margin is 12.19%. The firm’s gross profit as reported stood at $1.62 billion against revenue of $7.72 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -327.27% to $33.0 million, while revenue of $14.0 million was 57.58% off the previous quarter. Analysts expected XPO to announce $0.61 per share in earnings in its latest quarter, but it posted $0.71, representing a 16.40% surprise. EBITDA for the quarter stood at more than $214.0 million. XPO stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 5.23 billion, with total debt at $3.24 billion. Shareholders hold equity totaling $115.97 million.
Let’s look briefly at XPO Inc. (XPO) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 August was 44.81% to suggest the stock is trending Neutral, with historical volatility in this time period at 23.23%.
The stock’s 5-day moving average is $69.52, reflecting a -3.91% or -$2.82 change from its current price. XPO is currently trading -3.20% above its 20-day SMA, +123.31% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +44.23% and SMA200 by+117.23%.
Stochastic %K and %D was 26.50% and 31.76% and the average true range (ATR) pointed at 2.50. The RSI (14) points at 52.89%, while the 14-day stochastic is at 21.00% with the period’s ATR at 2.58. The stock’s 9-day MACD Oscillator is pointing at -1.33 and -1.95 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for XPO Inc. (NYSE: XPO), Loop Capital downgraded it to a Hold rating. They previously had a Buy rating on the stock. Analysts offering their rating for XPO stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate XPO as a “sell,”, while 9 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 2 rates the stock as overweight while 12 have offered a “buy” rating.
What is XPO’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $61.00 and a high of $88.00, with their median price target at $77.50. Looking at these predictions, the average price target given by analysts is for XPO Inc. (XPO) stock is $77.00.
