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.
奧本海默分析師斯科特·施內伯格重申了對XPO Inc（紐約證券交易所代碼：XPO）股票的跑贏大盤評級，並將目標股價從90美元上調至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.
分析師表示，XPO爲期兩年的戰略轉向增強客戶服務，贏得了2023年的市場份額增長，同時促進了令人信服的定價/收益率增長。
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. 最活躍的收購者。”分析師寫道，s（場外交易代碼：YELLQ）2023年底拍賣會增加了28個服務中心，其中包括最大/位置最好的服務中心。
Related: Freight Operator XPO Wins Bankruptcy Court Approval To Acquire 28 Yellow Service Centers
相關: 貨運運營商XPO獲得破產法院批准收購28個黃色服務中心
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.
結合XPO的服務改善/定價/減少線路運輸外包舉措，分析師逐漸樂觀地認爲，該公司將提前超過2021-2027年運營比率改善的600多個點子。
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.
考慮到XPO顯示的收益率增長勢頭以及根據不太保守的收益率增長假設將2024E調整後的息稅折舊攤銷前利潤從11億美元增加至11.85億美元，該分析師將 4Q23E 調整後的息稅折舊攤銷前利潤維持在2.43億美元。
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.
分析師指出，XPO向擴大網絡容量、改善客戶服務、提高定價、減少外包線路、加強技術和提高運營效率的轉變越來越受關注。
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.
該分析師預計，隨着XPO最終剝離其歐洲運輸業務，更重要的是，它將發展其合乎邏輯的以客戶服務爲中心的戰略並提高其北美零擔業務的效率，其估值將提高。
Price Action: XPO shares are trading higher by 1.16% at $85.99 on the last check Friday.
價格走勢：週五最後一次支票中，XPO股價上漲1.16％，至85.99美元。
譯文內容由第三人軟體翻譯。