The stock price of XPO Inc (NYSE: XPO) has dropped by -0.36 compared to previous close of 110.73. Despite this, the company has seen a gain of 2.67% in its stock price over the last five trading days. Seeking Alpha reported 2024-05-04 that XPO, Inc. (NYSE:XPO ) Q1 2024 Earnings Conference Call May 3, 2024 8:30 AM ET Company Participants Mario Harik – CEO Kyle Wismans – CFO Ali Faghri – CSO Conference Call Participants Ravi Shanker – Morgan Stanley Ken Hoexter – Bank of America Daniel Imbro – Stephens Fadi Chamoun – BMO Capital Markets Jon Chappell – Evercore ISI Stephanie Moore – Jefferies Tom Wadewitz – UBS Brian Ossenbeck – J.P. Morgan Jason Seidl – TD Cowen Jordan Alliger – Goldman Sachs Brandon Oglenski – Barclays Scott Schneeberger – Oppenheimer Kevin Gainey – Thompson Davis & Company Mario Harik Good morning, everyone.
Is It Worth Investing in XPO Inc (NYSE: XPO) Right Now?
XPO Inc (NYSE: XPO) has a higher price-to-earnings ratio of 54.42x compared to its average ratio, The 36-month beta value for XPO is at 2.15. Analysts have varying views on the stock, with 12 analysts rating it as a “buy,” 6 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for XPO is 114.05M, and currently, shorts hold a 4.52% of that float. The average trading volume for XPO on May 08, 2024 was 1.46M shares.
XPO’s Market Performance
XPO’s stock has seen a 2.67% increase for the week, with a -14.23% drop in the past month and a 12.52% gain in the past quarter. The volatility ratio for the week is 5.02%, and the volatility levels for the past 30 days are at 4.61% for XPO Inc. The simple moving average for the past 20 days is -5.73% for XPO’s stock, with a 20.59% simple moving average for the past 200 days.
Analysts’ Opinion of XPO
Many brokerage firms have already submitted their reports for XPO stocks, with TD Cowen repeating the rating for XPO by listing it as a “Buy.” The predicted price for XPO in the upcoming period, according to TD Cowen is $138 based on the research report published on May 06, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see XPO reach a price target of $136, previously predicting the price at $129. The rating they have provided for XPO stocks is “Outperform” according to the report published on March 07th, 2024.
Morgan Stanley gave a rating of “Underweight” to XPO, setting the target price at $80 in the report published on February 12th of the current year.
XPO Trading at -8.50% from the 50-Day Moving Average
After a stumble in the market that brought XPO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.46% of loss for the given period.
Volatility was left at 4.61%, however, over the last 30 days, the volatility rate increased by 5.02%, as shares sank -13.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.42% lower at present.
During the last 5 trading sessions, XPO rose by +2.67%, which changed the moving average for the period of 200-days by +67.57% in comparison to the 20-day moving average, which settled at $116.18. In addition, XPO Inc saw 25.96% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at XPO starting from Harik Mario A, who sale 9,383 shares at the price of $87.59 back on Dec 31 ’23. After this action, Harik Mario A now owns 133,571 shares of XPO Inc, valued at $821,857 using the latest closing price.
FRYE J WES, the Director of XPO Inc, purchase 1,500 shares at $79.71 during a trade that took place back on Nov 06 ’23, which means that FRYE J WES is holding 3,000 shares at $119,565 based on the most recent closing price.
Stock Fundamentals for XPO
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.11 for the gross margin
The net margin for XPO Inc stands at 0.03. The total capital return value is set at 0.09. Equity return is now at value 20.28, with 3.47 for asset returns.
Based on XPO Inc (XPO), the company’s capital structure generated 0.73 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 2.64. The interest coverage ratio of the stock is 2.93.
Currently, EBITDA for the company is 990.0 million with net debt to EBITDA at 3.67. When we switch over and look at the enterprise to sales, we see a ratio of 2.13. The receivables turnover for the company is 7.29for trailing twelve months and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
In conclusion, XPO Inc (XPO) has had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
