How to Buy Xpo Stock
Xpo Inc
Xpo is a trucking company located in Connecticut, United States, which is part of the Industrials sector, and is traded under the ticker XPO on the NYSE exchange.
Xpo stock last closed at $151.63, up 0.82% from the previous day, and has increased 86.14% in one year. It has overperformed other stocks in the Trucking industry by 0.61 percentage points. Xpo stock is currently +88.92% from its 52-week low of $80.26, and -3.33% from its 52-week high of $156.85.
There are currently 116.4M shares of XPO outstanding. The market value of XPO is $17.65B. In the past 24 hours, 1.2M XPO shares were traded.
How to Buy Xpo Stock
Not sure how to invest in Xpo stock? Here's how.
- Figure out where to buy Xpo stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online brokerages and apps to help you figure out where to buy Xpo stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit funds into your investment account: Choose your payment method and add your information.
- Research Xpo stock: The Xpo ticker symbol is XPO. Is Xpo stock a good investment? Should you buy shares of XPO? How do XPO's underlying business fundamentals look? Do top analysts think Xpo is a good buy? Why has XPO's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if XPO is a good stock to buy).
- Execute your XPO buy order: Decide if you will purchase XPO shares at the current market price or use a limit order to buy XPO shares at a specific price.
- Get the latest news on your XPO position: Create a watchlist to keep track of your investment in Xpo stock.
Step 1: Figure out where to buy Xpo stock
You will need a brokerage account to access the NYSE market and buy XPO shares.
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the right brokerage, you'll need to fill out some personal information so you are able to invest in XPO today.
How to Set Up a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to start a new trading account.
- Send your data by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you've opened your account on a good online stock trading app, your next step is to transfer the money for your investment:
Check out the tutorial below if you need help transferring funds into your new investment account.
Step 4: Research Xpo stock
Once you have selected the best place to buy Xpo stock, it's very important to research their stock prior to buying, so you can understand the risk as well as the opportunity.
Xpo Numbers
Xpo Due Diligence Checks
WallStreetZen was built to help everyday investors do better fundamental analysis in less time.
You can view all of the due diligence checks on XPO's stock page.
What is the fair value of XPO stock?
You can use a variety of different financial metrics, analyses, models, and charts to gauge XPO's intrinsic value.
Using relative valuations measures:
- XPO may be undervalued based on its P/E ratio of 47.68x, relative to Trucking industry P/E ratio of 48.63x
- XPO may be overvalued based on its P/B ratio of 10.76x, relative to Trucking industry P/B ratio of 4.13x
- XPO may be overvalued based on its PEG ratio of 3.02x
You can access more valuation analysis on XPO's stock here.
XPO Financials at a glance
Passed Financial Due Diligence Checks:
- Total XPO debt is lower than 5 years ago, relative to shareholder equity.
- XPO profit margin has gone up from 0.5% to 4.6% in the past year.
- There are more short-term assets than short-term liabilities on the XPO balance sheet.
- XPO has $378.00M in cash and short term investments. This is sufficient to cover its annual cash burn of $143.00M.
- XPO has cash burn of 143000000. It has enough cash and short-term investments to cover this for at least one year.
Failed Financial Due Diligence Checks:
- XPO has a relatively high debt to equity ratio of 3.83.
- There are more long-term liabilities than short-term assets on the XPO balance sheet.
Is it a good time to buy Xpo stock, according to analysts?
Out of 14 sell side analysts who monitor XPO, the consensus analyst rating on Xpo is a Strong Buy
Please note that analyst ratings are not recommendations, nor are they investment advice.
Latest XPO Analyst Upgrades/Downgrades
Jason Seidl, a top 18% analyst from TD Cowen maintains XPO with a strong buy rating and raises their XPO price target from $137.00 to $150.00, on Oct 31, 2024.
TD Cowen's Jason Seidl raised their price target on Xpo (NYSE: XPO) by 9.5% from $137 to $150 on 2024/10/31. The analyst maintained their Strong Buy rating on the stock.
XPO reported its Q3 2024 earnings on 2024/10/30.
Seidl noted that Q3 beat both TD Cowen's and the consensus estimate.
Looking ahead, the analyst predicted that even though XPO opened 21 service centers this year, its FY 2024 LTL margin should beat management's initial guidance, not the case for most of the company's transport peers.
Earnings Report
For Q3 2024, XPO reported:
- EPS of $1.02, which beat the Zacks Consensus Estimate of $0.89 and Q3 2023's $0.88.
- Revenue of $2.05B, which beat the Zacks Consensus Estimate by 2.29% and Q3 2023's $1.98B.
Management did not provide financial guidance in its press release or earnings presentation.
CEO Mario Harik commented: “We reported strong year-over-year earnings growth in the third quarter, as we continued to improve the business in a soft freight environment.
"Companywide, we increased adjusted EBITDA by 20% and adjusted diluted EPS by 16%.
“In North American LTL, we grew adjusted operating income by 17% and achieved an adjusted operating ratio of 84.2% — 200 basis points better than the prior year, at the high end of our target range.
"We drove yield, ex-fuel, higher by 6.7% and increased revenue per shipment by 6.6%, underpinned by pricing gains. In addition, we generated stronger operating leverage on our top-line growth by managing variable costs more effectively with our proprietary technology.
"And we’re tracking three years ahead of plan with linehaul insourcing, which enhances our network efficiency and quality of service.
“We’re delivering on the strong results we promised for 2024, while positioning the business to accelerate earnings growth when the freight market recovers.
"The world-class service we provide creates value for our customers and will continue to be a key driver of our margin expansion.”
J. Bruce Chan, a bottom 5% analyst from Stifel Nicolaus maintains XPO with a strong buy rating and raises their XPO price target from $125.00 to $126.00, on Oct 21, 2024.
Jordan Alliger, a top 12% analyst from Goldman Sachs maintains XPO with a strong buy rating and lowers their XPO price target from $139.00 to $136.00, on Oct 9, 2024.
Scott Schneeberger, a top 14% analyst from Oppenheimer reiterates XPO with a buy rating and maintains their XPO price target from $140.00 to $140.00, on Oct 4, 2024.
Jonathan Chappell, a top 21% analyst from Evercore ISI Group maintains XPO with a buy rating and lowers their XPO price target from $129.00 to $125.00, on Oct 3, 2024.
You can dive deeper into what analysts are forecasting on the Xpo stock forecast page.
XPO Technical Indicators
How are XPO Revenues/Earnings doing?
Last year, XPO earnings were $370.00M. Over the past 5 year, XPO's earnings have gone up by -2.77% per year. This was slower than the Trucking industry average of 9.2%.
Last year, XPO revenue was $8.09B. Over the past 5 year, XPO's revenue has increased by -13.7% per year. This was slower than the Trucking industry average of 6.49%.
Find out more about XPO's earnings and revenue performance here.
What are XPO insiders up to?
Over the past year, executives and large shareholders at XPO have sold more shares than they have bought.
Christopher Michael Brown, Chief Accounting Officer of XPO, was the latest XPO insider to sell. They sold $75,656.44 worth of XPO shares on Nov 14, 2024.
Learn more about who owns XPO shares here.
Can I rely on XPO as an income stream?
No, Xpo doesn't provide an income stream by paying out dividends.
XPO Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Execute your XPO buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Click the Open Trade button and your broker will place your order.
If you want additional info about investing in stocks on eToro, watch the helpful video below:
Step 6: Get the latest news on your XPO position
Now that you own some shares in XPO, you'll want to stay up-to-date on your new investment.
Start a watchlist to see the latest developments about your XPO stock.
XPO Feed
How to Buy Stock in Xpo
To reiterate, here are the 6 steps to buy Xpo stock:
- Figure out where to buy Xpo stock
- Sign up for your brokerage account
- Deposit funds into your investment account
- Research Xpo stock
- Execute your XPO buy order
- Get the latest news on your XPO position
If you require a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you would like to keep tabs on your investment in Xpo, click below.
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