GXO Logistics (NYSE:GXO) Price Target Lowered to $62.00 at Susquehanna

GXO Logistics (NYSE:GXOGet Free Report) had its target price reduced by Susquehanna from $75.00 to $62.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “positive” rating on the stock. Susquehanna’s price objective suggests a potential upside of 30.86% from the stock’s current price.

Several other research firms have also issued reports on GXO. Truist Financial lowered their target price on shares of GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Citizens Jmp initiated coverage on GXO Logistics in a research note on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 price target for the company. Citigroup started coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market outperform” rating for the company. Stifel Nicolaus dropped their price objective on GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th. Finally, Wall Street Zen cut GXO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Twelve equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $65.29.

Read Our Latest Analysis on GXO

GXO Logistics Price Performance

NYSE:GXO opened at $47.38 on Thursday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The company has a 50 day moving average price of $50.72 and a 200-day moving average price of $53.91. GXO Logistics has a 1-year low of $45.40 and a 1-year high of $66.85. The firm has a market cap of $5.45 billion, a price-to-earnings ratio of 41.93, a price-to-earnings-growth ratio of 1.73 and a beta of 1.55.

GXO Logistics (NYSE:GXOGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. The firm had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. GXO Logistics had a net margin of 0.96% and a return on equity of 10.59%. The firm’s quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. Equities research analysts forecast that GXO Logistics will post 3.07 EPS for the current year.

Institutional Investors Weigh In On GXO Logistics

A number of large investors have recently modified their holdings of the business. Allworth Financial LP lifted its stake in shares of GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after buying an additional 329 shares in the last quarter. Chapman Financial Group LLC acquired a new stake in GXO Logistics during the second quarter worth $34,000. Farther Finance Advisors LLC increased its position in shares of GXO Logistics by 85.1% during the 4th quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after purchasing an additional 653 shares during the last quarter. Danske Bank A S purchased a new stake in GXO Logistics in the 3rd quarter valued at about $79,000. Finally, CIBC Private Wealth Group LLC lifted its position in GXO Logistics by 201.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company’s stock valued at $86,000 after buying an additional 1,083 shares during the last quarter. Hedge funds and other institutional investors own 90.67% of the company’s stock.

GXO Logistics Company Profile

(Get Free Report)

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.

Further Reading

Analyst Recommendations for GXO Logistics (NYSE:GXO)

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