GXO Logistics (NYSE:GXO) Coverage Initiated by Analysts at Stephens

Equities researchers at Stephens began coverage on shares of GXO Logistics (NYSE:GXOGet Free Report) in a research note issued on Wednesday,Benzinga reports. The brokerage set an “overweight” rating and a $75.00 price target on the stock. Stephens’ target price would indicate a potential upside of 52.90% from the company’s previous close.

GXO has been the topic of several other research reports. Stifel Nicolaus set a $71.00 price target on GXO Logistics in a report on Thursday, May 7th. Morgan Stanley lifted their price objective on shares of GXO Logistics from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Monday. Wall Street Zen cut shares of GXO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday. Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Finally, Wells Fargo & Company lowered their target price on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Twelve investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $70.54.

View Our Latest Research Report on GXO

GXO Logistics Trading Down 5.4%

GXO traded down $2.79 on Wednesday, hitting $49.05. The company had a trading volume of 236,219 shares, compared to its average volume of 1,323,327. The company has a market cap of $5.64 billion, a PE ratio of 43.15, a PEG ratio of 1.69 and a beta of 1.55. GXO Logistics has a 12-month low of $45.40 and a 12-month high of $66.85. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. The business’s fifty day simple moving average is $50.15 and its 200 day simple moving average is $54.36.

GXO Logistics (NYSE:GXOGet Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.13. The company had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.22 billion. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Equities research analysts expect that GXO Logistics will post 3.07 EPS for the current year.

Hedge Funds Weigh In On GXO Logistics

Several hedge funds have recently bought and sold shares of GXO. Orbis Allan Gray Ltd lifted its position in shares of GXO Logistics by 0.3% during the fourth quarter. Orbis Allan Gray Ltd now owns 13,424,844 shares of the company’s stock worth $706,684,000 after purchasing an additional 37,035 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in shares of GXO Logistics by 3,222,426.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock worth $593,791,000 after purchasing an additional 11,697,409 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of GXO Logistics by 8.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock worth $252,318,000 after purchasing an additional 371,391 shares during the last quarter. Focus Partners Wealth purchased a new position in GXO Logistics in the 4th quarter worth about $181,648,000. Finally, Alliancebernstein L.P. increased its stake in GXO Logistics by 9.0% in the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock worth $133,287,000 after buying an additional 225,603 shares during the period. 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)

Receive News & Ratings for GXO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GXO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.