GXO Logistics (NYSE:GXO) Sets New 1-Year Low - Here's Why

Key Points

• GXO Logistics shares hit a new 52-week low, trading as low as $45.10 and closing around $45.45, below both its 50-day and 200-day moving averages.
• Despite the decline, analysts remain broadly positive: 12 rate the stock a Buy and three a Hold, with a consensus “Moderate Buy” rating and an average price target of $63.93.
• GXO slightly beat quarterly earnings expectations with $0.59 in adjusted EPS versus $0.58 expected, while revenue rose 4.3% year over year to $3.44 billion; institutional investors own 90.67% of the stock.

Shares of GXO Logistics, Inc. (NYSE:GXO - Get Free Report) reached a new 52-week low during trading on Thursday . The company traded as low as $45.10 and last traded at $45.45, with a volume of 25119 shares changing hands. The stock had previously closed at $46.37.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Morgan Stanley raised their target price on GXO Logistics from $75.00 to $78.00 and gave the stock an "overweight" rating in a research report on Monday, July 6th. Oppenheimer set a $61.00 price objective on GXO Logistics in a research note on Thursday, August 6th. Wells Fargo & Company began coverage on GXO Logistics in a research report on Tuesday, July 28th. They set an "overweight" rating and a $18.00 price objective for the company. Barclays raised GXO Logistics from an "equal weight" rating to an "overweight" rating and lifted their target price for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Finally, Truist Financial reduced their price target 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. Twelve equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $63.93.

GXO Logistics Stock Down 1.8%

The firm has a 50-day moving average price of $50.31 and a two-hundred day moving average price of $53.24. The company has a market capitalization of $5.22 billion, a P/E ratio of 40.31, a PEG ratio of 1.45 and a beta of 1.55. The company has a quick ratio of 0.79, a current ratio of 0.79 and a debt-to-equity ratio of 0.81.

GXO Logistics (NYSE:GXO - Get Free Report) last released its earnings results on Tuesday, August 4th. The company reported $0.59 EPS 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 10.57%. The firm had revenue of $3.44 billion during the quarter, compared to analysts' expectations of $3.46 billion. During the same period in the prior year, the company earned $0.57 EPS. The business's quarterly 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. Equities research analysts anticipate that GXO Logistics, Inc. will post 3.06 EPS for the current fiscal year.

Institutional Investors Weigh In On GXO Logistics

Several hedge funds have recently made changes to their positions in GXO. Public Employees Retirement System of Ohio bought a new position in GXO Logistics during the second quarter valued at about $1,650,000. Advisors Preferred LLC bought a new stake in shares of GXO Logistics in the 2nd quarter worth approximately $1,535,000. Trust Co. of Vermont acquired a new stake in shares of GXO Logistics during the 2nd quarter worth approximately $37,000. Firetrail Investments PTY Ltd. bought a new stake in shares of GXO Logistics during the second quarter valued at approximately $6,298,000. Finally, Handelsbanken Fonder AB increased its position in shares of GXO Logistics by 3.5% during the second quarter. Handelsbanken Fonder AB now owns 40,929 shares of the company's stock valued at $2,075,000 after purchasing an additional 1,400 shares during the period. Institutional investors own 90.67% of the company's stock.

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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