XPO
About: Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. However, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.
Employees: 38,000
0
Funds holding %
of 6,809 funds
0
Analysts bullish %
of 10 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 77 | Existing positions closed: 58
10% more funds holding in top 10
Funds holding in top 10: 10 [Q2] → 11 (+1) [Q3]
4% more funds holding
Funds holding: 502 [Q2] → 521 (+19) [Q3]
1.88% more ownership
Funds ownership: 97.38% [Q2] → 99.26% (+1.88%) [Q3]
3% more capital invested
Capital invested by funds: $12B [Q2] → $12.4B (+$387M) [Q3]
6% less repeat investments, than reductions
Existing positions increased: 162 | Existing positions reduced: 173
12% less call options, than puts
Call options by funds: $151M | Put options by funds: $171M
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$125
8%
downside
Avg. target
$157
16%
upside
High target
$179
32%
upside
10 analyst ratings
10 positive
100%
0 neutral
0%
0 negative
0%
Goldman Sachs Jordan Alliger 47% 1-year accuracy 7 / 15 met price target | 23%upside $167 | Buy Maintained | 12 Dec 2024 |
Oppenheimer Scott Schneeberger 44% 1-year accuracy 16 / 36 met price target | 30%upside $176 | Outperform Maintained | 12 Dec 2024 |
JP Morgan Brian Ossenbeck 50% 1-year accuracy 18 / 36 met price target | 18%upside $160 | Overweight Maintained | 6 Dec 2024 |
Stephens & Co. Daniel Imbro 57% 1-year accuracy 13 / 23 met price target | 22%upside $165 | Overweight Reiterated | 4 Dec 2024 |
Barclays Brandon Oglenski 41% 1-year accuracy 26 / 64 met price target | 26%upside $170 | Overweight Maintained | 13 Nov 2024 |
Financial journalist opinion
Based on 4 articles about XPO published over the past 30 days
Positive
MarketBeat
1 week ago
Where to Invest in 2025: Top Stock Picks for Maximum Gains
When end-of-year liquidations and profit taking take place, investors sit on newly minted cash waiting to be put to work again. Out of all the investment trends in the market and all the stocks that could outperform, which ones could pose the best opportunity from now into 2025?
Positive
Seeking Alpha
2 weeks ago
Buying No-Brainer Dividends For The 'Best Four Years Ever'
Scott Bessent's predictions for a Trump presidency suggest economic growth, driven by tariffs as a threat, energy expansion, and manufacturing revival. Trump's second term may focus on broad economic growth, addressing inflation while boosting U.S. manufacturing, despite challenges like rising oil costs. I present several dividend picks I expect to perform well, as they come with income, dividend growth, secular tailwinds, and pricing power.
Neutral
GlobeNewsWire
2 weeks ago
XPO Provides North American LTL Operating Data for November 2024
GREENWICH, Conn., Dec. 03, 2024 (GLOBE NEWSWIRE) -- XPO (NYSE: XPO), a leading provider of freight transportation in North America, today reported certain preliminary LTL segment operating metrics for November 2024. LTL tonnage per day decreased 4.0%, as compared with November 2023, attributable to a year-over-year decrease of 4.2% in shipments per day and an increase of 0.2% in weight per shipment. Actual results for November 2024 may vary from the preliminary results reported above.
Negative
MarketBeat
2 weeks ago
Do New Tariffs Signal Rising Inflation? A Technical Breakdown
There are many views in the market today regarding the new potential tariffs being planned by the newly elected United States administration. Economists collectively agree that these tariffs will lead to a new wave of inflation in the economy, as the price of everyday goods will increase significantly.
Positive
MarketBeat
1 month ago
Trucking Stocks Led the Pack Last Week: Can They Keep Rolling?
Price action can be one of the best indicators for investors to keep track of when figuring out where the market is trying to go in the coming quarters. As it turns out, most – if not all – asset classes rose tremendously the morning after the United States presidential elections, and as Warren Buffett says, all boats will do well on a rising tide.
Neutral
GlobeNewsWire
1 month ago
XPO Recognized for Its Commitment to Military and Veteran Hiring
Earns Military Friendly® Employer Status from Viqtory for Second Consecutive Year Earns Military Friendly® Employer Status from Viqtory for Second Consecutive Year
Positive
The Motley Fool
1 month ago
This Supercharged Transportation Stock Has Doubled in the Past Year, and It's Set to Keep Soaring in 2025
XPO just delivered another impressive earnings report.
Positive
Benzinga
1 month ago
XPO Analysts Boost Their Forecasts Following Upbeat Earnings
XPO, Inc. XPO reported better-than-expected third-quarter financial results on Wednesday.
Neutral
Seeking Alpha
1 month ago
XPO, Inc. (XPO) Q3 2024 Earnings Call Transcript
XPO, Inc. (NYSE:XPO ) Q3 2024 Earnings Conference Call October 30, 2024 8:30 AM ET Company Participants Mario Harik - Chief Executive Officer Kyle Wismans - Chief Financial Officer Ali Faghri - Chief Strategy Officer Conference Call Participants Ken Hoexter - Bank of America Scott Group - Wolfe Research Daniel Imbro - Stephens, Inc. Fadi Chamoun - BMO Capital Markets Chris Wetherbee - Wells Fargo Jon Chappell - Evercore ISI Tom Wadewitz - UBS Brian Ossenbeck - JPMorgan Scott Schneeberger - Oppenheimer & Company Bruce Chan - Stifel Ravi Shanker - Morgan Stanley Jason Seidl - TD Cowen Stephanie Moore - Jefferies Ari Rosa - Citi Jordan Alliger - Goldman Sachs Operator Welcome to the XPO Third Quarter 2024 Earnings Conference Call and Webcast. My name is Paul, and I will be your operator for today's call.
Neutral
Zacks Investment Research
1 month ago
Compared to Estimates, XPO (XPO) Q3 Earnings: A Look at Key Metrics
While the top- and bottom-line numbers for XPO (XPO) give a sense of how the business performed in the quarter ended September 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Charts implemented using Lightweight Charts™