GXO Logistics (NYSE:GXO) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded GXO Logistics from hold to buy, adding to a generally positive analyst backdrop for the stock.
• Recent analyst updates were mixed but mostly favorable, with firms like Truist, UBS, and Oppenheimer raising targets or reaffirming bullish ratings. Overall, GXO now has a Moderate Buy consensus and an average price target of $68.83.
• The company reported better-than-expected Q1 earnings, posting EPS of $0.50 versus $0.37 expected and revenue of $3.30 billion versus $3.22 billion expected. GXO also guided FY 2026 EPS to 2.90-3.20.

GXO Logistics (NYSE:GXO - Get Free Report) was upgraded by research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research report issued on Saturday.

Other equities research analysts have also recently issued research reports about the company. Truist Financial boosted their price target on GXO Logistics from $65.00 to $70.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Wells Fargo & Company reduced their target price on shares of GXO Logistics from $70.00 to $65.00 and set an "overweight" rating for the company in a research note on Thursday. UBS Group boosted their target price on shares of GXO Logistics from $63.00 to $74.00 and gave the stock a "buy" rating in a research report on Thursday, February 12th. Oppenheimer reissued an "outperform" rating and issued a $70.00 target price on shares of GXO Logistics in a research report on Thursday, February 12th. Finally, The Goldman Sachs Group downgraded shares of GXO Logistics from a "buy" rating to a "neutral" rating and set a $68.00 target price for the company. in a research report on Wednesday, March 4th. Ten analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $68.83.

GXO Logistics Trading Down 0.4%

NYSE:GXO opened at $51.70 on Friday. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. GXO Logistics has a fifty-two week low of $39.15 and a fifty-two week high of $66.85. The stock's 50-day moving average is $55.25 and its two-hundred day moving average is $55.08. The stock has a market cap of $5.95 billion, a PE ratio of 45.35, a price-to-earnings-growth ratio of 1.75 and a beta of 1.62.

GXO Logistics (NYSE:GXO - Get Free Report) last released its earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The company had revenue of $3.30 billion for the quarter, compared to analysts' expectations of $3.22 billion. During the same quarter in the previous year, the business posted $0.29 EPS. The business's revenue for the quarter was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. As a group, equities research analysts forecast that GXO Logistics will post 3 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC bought a new position in GXO Logistics in the first quarter worth $104,000. Dimensional Fund Advisors LP lifted its position in 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 period. Parallel Advisors LLC lifted its position in GXO Logistics by 9.4% in 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 period. Swiss National Bank lifted its position in GXO Logistics by 0.4% in the first quarter. Swiss National Bank now owns 226,513 shares of the company's stock worth $11,745,000 after purchasing an additional 800 shares during the period. Finally, California Public Employees Retirement System lifted its position in GXO Logistics by 12.6% in the first quarter. California Public Employees Retirement System now owns 230,369 shares of the company's stock worth $11,945,000 after purchasing an additional 25,857 shares during the period. 90.67% of the stock is owned by institutional investors.

GXO Logistics Company Profile

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.