XPO's Winning Strategy: Analyst Highlights Service Improvements and Aggressive Acquisitions Fueling Growth
XPO's Winning Strategy: Analyst Highlights Service Improvements and Aggressive Acquisitions Fueling Growth
Oppenheimer analyst Scott Schneeberger reiterated an Outperform rating on the shares of XPO Inc (NYSE:XPO) and raised the price target from $90 to $100.
奥本海默分析师斯科特·施内伯格重申了对XPO Inc（纽约证券交易所代码：XPO）股票的跑赢大盘评级，并将目标股价从90美元上调至100美元。
XPO's two-year strategic shift toward enhanced customer service has garnered 2023 market share gains, while simultaneously contributing to compelling pricing/yield growth, says the analyst.
分析师表示，XPO为期两年的战略转向增强客户服务，赢得了2023年的市场份额增长，同时促进了令人信服的定价/收益率增长。
XPO was the most active acquirer at Yellow Corp.'s (OTC:YELLQ) late-2023 auction, where it added 28 service centers, including the largest/best positioned, writes the analyst.
XPO是Yellow Corp. 最活跃的收购者。”分析师写道，s（场外交易代码：YELLQ）2023年底拍卖会增加了28个服务中心，其中包括最大/位置最好的服务中心。
Related: Freight Operator XPO Wins Bankruptcy Court Approval To Acquire 28 Yellow Service Centers
相关: 货运运营商XPO获得破产法院批准收购28个黄色服务中心
Combined with XPO's service improvement/pricing/reduced line-haul outsourcing initiatives, the analyst is incrementally optimistic the company will exceed its more than 600 basis points of 2021-2027 operating ratio improvement ahead of schedule.
结合XPO的服务改善/定价/减少线路运输外包举措，分析师逐渐乐观地认为，该公司将提前超过2021-2027年运营比率改善的600多个基点。
The analyst is maintaining a 4Q23E adjusted EBITDA of $243 million, considering XPO's indicated yield growth momentum and increased 2024E adjusted EBITDA to $1.185 billion from $1.1 billion on less conservative yield growth assumptions.
考虑到XPO显示的收益率增长势头以及根据不太保守的收益率增长假设将2024E调整后的息税折旧摊销前利润从11亿美元增加至11.85亿美元，该分析师将 4Q23E 调整后的息税折旧摊销前利润维持在2.43亿美元。
XPO's shift toward expanding its network capacity, improving customer service, enhancing pricing, reducing outsourced line-haul, bolstering technology and improving operational efficiency has been gaining traction, notes the analyst.
分析师指出，XPO向扩大网络容量、改善客户服务、提高定价、减少外包线路、加强技术和提高运营效率的转变越来越受关注。
The analyst anticipates XPO's valuation will build as it ultimately divests its European Transportation business and more importantly, evolves its logical customer service-focused strategy and enhances the efficiency of its North American LTL business.
该分析师预计，随着XPO最终剥离其欧洲运输业务，更重要的是，它将发展其合乎逻辑的以客户服务为中心的战略并提高其北美零担业务的效率，其估值将提高。
Price Action: XPO shares are trading higher by 1.16% at $85.99 on the last check Friday.
价格走势：周五最后一次支票中，XPO股价上涨1.16％，至85.99美元。