GXO Logistics (NYSE:GXO) Given New $62.00 Price Target at Susquehanna

Key Points

• Susquehanna lowered its GXO Logistics price target from $75 to $62 while maintaining a “positive” rating, implying roughly 30.9% upside from the prior close.
• Analyst sentiment remains broadly favorable, with 12 Buy ratings and three Holds; the consensus rating is “Moderate Buy” with an average price target of $65.29.
• GXO reported quarterly EPS of $0.59, slightly above estimates, while revenue of $3.44 billion grew 4.3% year over year but missed consensus expectations. Shares opened at $47.38, near the company’s 52-week low.

GXO Logistics (NYSE:GXO - Get Free Report) had its price target dropped by investment analysts at Susquehanna from $75.00 to $62.00 in a research note issued on Thursday,Benzinga reports. The brokerage presently has a "positive" rating on the stock. Susquehanna's target price points to a potential upside of 30.86% from the stock's previous close.

A number of other analysts have also recently weighed in on GXO. Wall Street Zen cut GXO Logistics from a "buy" rating to a "hold" rating in a research report on Saturday, July 4th. Stifel Nicolaus lowered their price target on GXO Logistics from $71.00 to $70.00 and set a "buy" rating for the company in a report on Wednesday, July 15th. Stephens initiated coverage on shares of GXO Logistics in a report on Wednesday, July 8th. They set an "overweight" rating and a $75.00 price objective on the stock. Truist Financial decreased their price objective on shares of GXO Logistics from $70.00 to $55.00 and set a "buy" rating for the company in a research report on Wednesday, July 15th. Finally, Morgan Stanley lifted their target price on shares of GXO Logistics from $75.00 to $78.00 and gave the stock an "overweight" rating in a research note on Monday, July 6th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $65.29.

GXO Logistics Stock Down 9.5%

Shares of GXO Logistics stock opened at $47.38 on Thursday. 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 company has a market cap of $5.45 billion, a P/E ratio of 41.93, a PEG ratio of 1.73 and a beta of 1.55. The firm's 50 day moving average price is $50.72 and its 200-day moving average price is $53.91. GXO Logistics has a 52-week low of $45.40 and a 52-week high of $66.85.

GXO Logistics (NYSE:GXO - Get Free Report) last announced its earnings results 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 net margin of 0.96% and a return on equity of 10.59%. The company had revenue of $3.44 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same period last year, the firm earned $0.57 earnings per share. GXO Logistics's revenue was up 4.3% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, sell-side analysts predict that GXO Logistics will post 3.07 EPS for the current fiscal year.

Institutional Trading of GXO Logistics

Institutional investors and hedge funds have recently bought and sold shares of the business. Allworth Financial LP raised its holdings in shares of GXO Logistics by 175.0% during the third quarter. Allworth Financial LP now owns 517 shares of the company's stock worth $27,000 after purchasing an additional 329 shares during the last quarter. Chapman Financial Group LLC purchased a new stake in GXO Logistics in the second quarter valued at $34,000. Farther Finance Advisors LLC grew its position in 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 period. Geneos Wealth Management Inc. raised its stake in shares of GXO Logistics by 4,775.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company's stock valued at $78,000 after buying an additional 1,958 shares during the last quarter. Finally, Danske Bank A S purchased a new position in shares of GXO Logistics during the 3rd quarter valued at about $79,000. 90.67% of the stock is currently owned by institutional investors and hedge funds.

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.

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