Shares of GXO Logistics, Inc. (NYSE:GXO – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fifteen ratings firms that are currently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a hold recommendation and thirteen have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $63.29.
A number of equities analysts have recently weighed in on GXO shares. The Goldman Sachs Group raised GXO Logistics from a “neutral” rating to a “buy” rating and set a $61.00 price target for the company in a report on Wednesday, October 14th. Citigroup began coverage on GXO Logistics in a research note on Wednesday, July 15th. They set a “market outperform” rating on the stock. Stephens began coverage on GXO Logistics in a research report on Wednesday, July 8th. They set an “overweight” rating and a $75.00 price objective for the company. Wall Street Zen downgraded shares of GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Finally, Stifel Nicolaus reduced their target price on shares of GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a report on Wednesday, July 15th.
View Our Latest Stock Analysis on GXO
GXO Logistics Stock Up 1.1%
GXO stock opened at $49.92 on Friday. The company’s 50 day simple moving average is $46.76 and its 200-day simple moving average is $51.87. The firm has a market capitalization of $5.72 billion, a PE ratio of 44.17, a P/E/G ratio of 1.54 and a beta of 1.57. GXO Logistics has a 12 month low of $43.61 and a 12 month high of $66.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79.
GXO Logistics (NYSE:GXO – Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 earnings per share for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The business had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.46 billion. During the same period last year, the company posted $0.57 EPS. The company’s revenue was up 4.3% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. Equities analysts expect that GXO Logistics will post 3.05 earnings per share for the current fiscal year.
Hedge Funds Weigh In On GXO Logistics
A number of institutional investors have recently modified their holdings of GXO. GAMMA Investing LLC lifted its stake in shares of GXO Logistics by 14.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,841 shares of the company’s stock worth $82,000 after purchasing an additional 231 shares during the period. Parallel Advisors LLC boosted its holdings in shares of GXO Logistics by 9.4% during the first quarter. Parallel Advisors LLC now owns 2,723 shares of the company’s stock worth $141,000 after purchasing an additional 233 shares during the last quarter. Nisa Investment Advisors LLC grew its position in shares of GXO Logistics by 9.4% in the third quarter. Nisa Investment Advisors LLC now owns 2,849 shares of the company’s stock valued at $127,000 after purchasing an additional 245 shares during the period. Hsbc Holdings PLC grew its position in shares of GXO Logistics by 3.0% in the first quarter. Hsbc Holdings PLC now owns 11,953 shares of the company’s stock valued at $620,000 after purchasing an additional 352 shares during the period. Finally, R Squared Ltd grew its position in shares of GXO Logistics by 8.3% in the first quarter. R Squared Ltd now owns 4,932 shares of the company’s stock valued at $256,000 after purchasing an additional 377 shares during the period. Institutional investors and hedge funds own 90.67% of the company’s stock.
GXO Logistics Company Profile
GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.
The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.
GXO was formed through the spin-off of XPO’s logistics segment and began operating as an independent public company in 2021.
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