GXO Logistics (NYSE:GXO) Updates FY 2025 Earnings Guidance

GXO Logistics (NYSE:GXO - Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 2.430-2.630 for the period, compared to the consensus estimate of 2.450. The company issued revenue guidance of -.

GXO Logistics Stock Performance

Shares of NYSE GXO traded up $0.92 during midday trading on Friday, reaching $49.01. The company's stock had a trading volume of 2,333,588 shares, compared to its average volume of 1,334,712. GXO Logistics has a 12-month low of $30.46 and a 12-month high of $63.33. The firm has a 50 day moving average price of $41.00 and a 200-day moving average price of $41.06. The stock has a market capitalization of $5.61 billion, a P/E ratio of 79.05, a PEG ratio of 2.23 and a beta of 1.59. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.78 and a quick ratio of 0.78.

GXO Logistics (NYSE:GXO - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.29 EPS for the quarter, beating the consensus estimate of $0.26 by $0.03. GXO Logistics had a return on equity of 10.49% and a net margin of 0.61%. The business had revenue of $2.98 billion for the quarter, compared to the consensus estimate of $2.94 billion. During the same quarter in the prior year, the business earned $0.45 earnings per share. GXO Logistics's revenue for the quarter was up 21.2% on a year-over-year basis. As a group, equities analysts predict that GXO Logistics will post 2.49 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on GXO shares. Deutsche Bank Aktiengesellschaft started coverage on shares of GXO Logistics in a report on Friday, March 7th. They set a "hold" rating and a $45.00 target price on the stock. Stifel Nicolaus upped their price target on shares of GXO Logistics from $63.00 to $67.00 and gave the stock a "buy" rating in a report on Monday. Wells Fargo & Company upped their price target on shares of GXO Logistics from $44.00 to $48.00 and gave the stock an "overweight" rating in a report on Friday, June 20th. Susquehanna reaffirmed a "positive" rating and issued a $58.00 price target (up previously from $57.00) on shares of GXO Logistics in a report on Tuesday. Finally, Truist Financial decreased their price target on shares of GXO Logistics from $40.00 to $35.00 and set a "hold" rating on the stock in a report on Thursday, April 24th. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $53.86.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GXO. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in GXO Logistics by 29.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company's stock valued at $1,568,000 after acquiring an additional 9,134 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of GXO Logistics by 2.4% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company's stock worth $14,741,000 after purchasing an additional 8,670 shares during the period. Finally, Geneos Wealth Management Inc. boosted its holdings in shares of GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company's stock worth $78,000 after purchasing an additional 1,958 shares during the period. Institutional investors own 90.67% of the company's stock.

GXO Logistics Company Profile

GXO Logistics, Inc, together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others.