XPO Inc (NYSE: XPO) is 75.26% higher on its value in year-to-date trading and has touched a low of $78.72 and a high of $156.85 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The XPO stock was last observed hovering at around $151.63 in the last trading session, with the day’s gains setting it 1.88%.
Currently trading at $153.51, the stock is 1.98% and 16.49% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.23 million and changing 1.24% at the moment leaves the stock 29.82% off its SMA200. XPO registered 90.84% gain for a year compared to 6-month gain of 43.31%. The firm has a 50-day simple moving average (SMA 50) of $130.9358 and a 200-day simple moving average (SMA200) of $118.08685.
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The stock witnessed a 1.95% loss in the last 1 month and extending the period to 3 months gives it a 51.66%, and is -0.66% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.61% over the week and 2.75% over the month.
XPO Inc (XPO) has around 23300 employees, a market worth around $18.02B and $8.09B in sales. Current P/E ratio is 49.79 and Fwd P/E is 34.98. Profit margin for the company is 4.57%. Distance from 52-week low is 95.00% and -2.13% from its 52-week high. The company has generated returns on investments over the last 12 months (6.61%).
The EPS is expected to grow by 23.51% this year.
XPO Inc (XPO) Top Institutional Holders
684.0 institutions hold shares in XPO Inc (XPO), with institutional investors hold 105.83% of the company’s shares. The shares outstanding are 116.40M, and float is at 114.12M with Short Float at 5.25%. Institutions hold 104.97% of the Float.
The top institutional shareholder in the company is MFN PARTNERS MANAGEMENT, LP with over 11.43 million shares valued at $1.21 billion. The investor’s holdings represent 9.8495% of the XPO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.98 million shares valued at $1.17 billion to account for 9.4617 of the shares outstanding. The other top investors are CAPITAL RESEARCH GLOBAL INVESTORS which holds 10.97 million shares representing 9.4608% and valued at over $1.16 billion, while BLACKROCK INC. holds 9.446 of the shares totaling 10.96 million with a market value of $1.16 billion.
XPO Inc (XPO) Insider Activity
The most recent transaction is an insider sale by Landry Allison, the company’s Director. SEC filings show that Landry Allison sold 1,875 shares of the company’s common stock on May 23 ’24 at a price of $104.52 per share for a total of $0.2 million. Following the sale, the insider now owns 6965.0 shares.
XPO Inc disclosed in a document filed with the SEC on May 15 ’24 that MFN Partners, LP (10% Owner) sold a total of 1,250,000 shares of the company’s common stock. The trade occurred on May 15 ’24 and was made at $112.98 per share for $141.22 million. Following the transaction, the insider now directly holds 11.43 million shares of the XPO stock.
Still, SEC filings show that on Dec 31 ’23, Harik Mario A (Chief Executive Officer) disposed off 9,383 shares at an average price of $87.59 for $0.82 million. The insider now directly holds 133,571 shares of XPO Inc (XPO).
