Fintel reports that on April 21, 2023, BMO Capital maintained coverage of XPO (NYSE:XPO) with a Outperform recommendation.
Analyst Price Forecast Suggests 15.62% Upside
As of April 6, 2023, the average one-year price target for XPO is $47.16. The forecasts range from a low of $35.35 to a high of $100.80. The average price target represents an increase of 15.62% from its latest reported closing price of $40.79.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for XPO is $7,684MM, a decrease of 0.44%. The projected annual non-GAAP EPS is $3.24.
What are Other Shareholders Doing?
Blair William holds 6K shares representing 0.01% ownership of the company. No change in the last quarter.
FTXR – First Trust Nasdaq Transportation ETF holds 23K shares representing 0.02% ownership of the company. In it’s prior filing, the firm reported owning 62K shares, representing a decrease of 172.58%. The firm decreased its portfolio allocation in XPO by 67.48% over the last quarter.
ESML – iShares ESG MSCI USA Small-Cap ETF holds 31K shares representing 0.03% ownership of the company. In it’s prior filing, the firm reported owning 31K shares, representing an increase of 1.02%. The firm decreased its portfolio allocation in XPO by 29.04% over the last quarter.
VCGAX – Growth & Income Fund holds 6K shares representing 0.00% ownership of the company. No change in the last quarter.
VLU – SPDR S&P 1500 Value Tilt ETF holds 2K shares representing 0.00% ownership of the company. In it’s prior filing, the firm reported owning 2K shares, representing an increase of 1.96%. The firm decreased its portfolio allocation in XPO by 32.63% over the last quarter.
What is the Fund Sentiment?
There are 860 funds or institutions reporting positions in XPO. This is a decrease of 32 owner(s) or 3.59% in the last quarter. Average portfolio weight of all funds dedicated to XPO is 0.21%, a decrease of 14.80%. Total shares owned by institutions increased in the last three months by 5.19% to 121,207K shares. The put/call ratio of XPO is 0.58, indicating a bullish outlook.
XPO Logistics Background Information
(This description is provided by the company.)
XPO Logistics, Inc. provides cutting-edge supply chain solutions to the most successful companies in the world. The company is the second largest contract logistics provider and the second largest freight broker globally, and a top three less-than-truckload provider in North America. XPO uses a highly integrated network of 1,629 locations and over 100,000 employees in 30 countries to help more than 50,000 customers manage their supply chains most efficiently. The company’s corporate headquarters are in Greenwich, Conn., USA, and its European headquarters are in Lyon, France. Visit xpo.com
See all XPO regulatory filings.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.