GXO Logistics, Inc. (NYSE:GXO) Receives Consensus Rating of "Moderate Buy" from Analysts

Key Points

• Analysts have a “Moderate Buy” consensus on GXO Logistics, with 12 buy ratings and three holds among 15 analysts. The average 12-month price target is $63.93, implying upside from the stock’s $46.91 opening price.
• Recent broker actions were generally positive: Barclays and Morgan Stanley raised their price targets to $65 and $78, respectively, while Stephens initiated coverage with an overweight rating and a $75 target.
• GXO’s latest quarterly results slightly exceeded expectations on earnings, reporting $0.59 EPS versus a $0.58 consensus, while revenue rose 4.3% year over year to $3.44 billion. Institutional investors own 90.67% of the company, although shares remain near their 52-week low after declining 2.7%.

GXO Logistics, Inc. (NYSE:GXO - Get Free Report) has received an average rating of "Moderate Buy" from the fifteen ratings firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and twelve have issued a buy recommendation on the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $63.9286.

A number of brokerages have recently commented on GXO. Barclays raised GXO Logistics from an "equal weight" rating to an "overweight" rating and lifted their price target for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Morgan Stanley raised their price objective on shares of GXO Logistics from $75.00 to $78.00 and gave the company an "overweight" rating in a report on Monday, July 6th. Wall Street Zen downgraded shares of GXO Logistics from a "buy" rating to a "hold" rating in a research report on Saturday, July 4th. Oppenheimer set a $61.00 target price on shares of GXO Logistics in a report on Thursday. Finally, Stephens assumed coverage on shares of GXO Logistics in a report on Wednesday, July 8th. They set an "overweight" rating and a $75.00 target price on the stock.

Institutional Trading of GXO Logistics

Institutional investors have recently modified their holdings of the business. Trust Co. of Vermont acquired a new stake in GXO Logistics in the second quarter valued at $37,000. Firetrail Investments PTY Ltd. acquired a new position in GXO Logistics during the 2nd quarter worth about $6,298,000. Handelsbanken Fonder AB grew its position in shares of GXO Logistics by 3.5% in the 2nd quarter. Handelsbanken Fonder AB now owns 40,929 shares of the company's stock valued at $2,075,000 after buying an additional 1,400 shares during the last quarter. Hennion & Walsh Asset Management Inc. grew its position in shares of GXO Logistics by 17.3% in the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 22,714 shares of the company's stock valued at $1,152,000 after buying an additional 3,349 shares during the last quarter. Finally, Moody National Bank Trust Division grew its position in shares of GXO Logistics by 18.7% in the 2nd quarter. Moody National Bank Trust Division now owns 15,495 shares of the company's stock valued at $786,000 after buying an additional 2,436 shares during the last quarter. Institutional investors own 90.67% of the company's stock.

GXO Logistics Stock Down 2.7%

Shares of GXO opened at $46.91 on Tuesday. GXO Logistics has a 52 week low of $45.40 and a 52 week high of $66.85. The stock has a market capitalization of $5.38 billion, a price-to-earnings ratio of 41.51, a PEG ratio of 1.60 and a beta of 1.55. The company has a debt-to-equity ratio of 0.81, a quick ratio of 0.79 and a current ratio of 0.79. The stock has a fifty day moving average of $50.55 and a 200-day moving average of $53.73.

GXO Logistics (NYSE:GXO - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.01. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%.The company had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter last year, the business posted $0.57 EPS. GXO Logistics's revenue for the quarter was up 4.3% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. As a group, sell-side analysts anticipate that GXO Logistics will post 3.06 earnings per share for the current fiscal year.

About GXO Logistics

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source