XPO Inc [XPO] Stock trading around $102.72 per share: What’s Next?

TTWO

XPO Inc [NYSE: XPO] plunged by -$10.94 during the normal trading session on while it closed the day at $102.72.

XPO Inc stock has also loss -12.82% of its value over the past 7 days. However, XPO stock has declined by -5.33% in the 3 months of the year. Over the past six months meanwhile, it has lost -18.03% and gained 17.27% year-on date.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The market cap for XPO stock reached $11.96 billion, with 116.00 million shares outstanding and 114.11 million shares in the current float. Compared to the average trading volume of 1.51M shares, XPO reached a trading volume of 3905852 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about XPO Inc [XPO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XPO shares is $131.10 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XPO stock is a recommendation set at 1.65. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Wells Fargo have made an estimate for XPO Inc shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 07, 2024. While these analysts kept the previous recommendation, Stifel raised their target price from $115 to $120. The new note on the price target was released on May 24, 2024, representing the official price target for XPO Inc stock. Previously, the target price had yet another raise from $136 to $138, while TD Cowen kept a Buy rating on XPO stock. On March 07, 2024, analysts increased their price target for XPO shares from 129 to 136.

The Average True Range (ATR) for XPO Inc is set at 5.19, with the Price to Sales ratio for XPO stock in the period of the last 12 months amounting to 1.49. The Price to Book ratio for the last quarter was 7.97, with the Price to Cash per share for the same quarter was set at 2.15.

XPO stock trade performance evaluation

XPO Inc [XPO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -12.82. With this latest performance, XPO shares dropped by -7.53% in over the last four-week period, additionally sinking by -18.03% over the last 6 months – not to mention a rise of 40.65% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XPO stock in for the last two-week period is set at 33.81, with the RSI for the last a single of trading hit 25.14, and the three-weeks RSI is set at 39.00 for XPO Inc [XPO]. The present Moving Average for the last 50 days of trading for this stock 112.41, while it was recorded at 111.76 for the last single week of trading, and 107.08 for the last 200 days.

XPO Inc [XPO]: An insightful look at the core fundamentals

XPO Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.00 and a Current Ratio set at 1.00.

Earnings per share (EPS) analysis for XPO Inc [XPO] stock

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XPO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for XPO Inc go to 26.10%.

XPO Inc [XPO]: Institutional Ownership

There are presently around $98.92%, or 99.76%% of XPO stock, in the hands of institutional investors. The top three institutional holders of XPO stocks are: MFN PARTNERS MANAGEMENT, LP with ownership of 11.43 million shares, which is approximately 9.8495%. VANGUARD GROUP INC, holding 10.98 million shares of the stock with an approximate value of $$1.17 billion in XPO stocks shares; and VANGUARD GROUP INC, currently with $$1.16 billion in XPO stock with ownership which is approximately 9.4608%.