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 Up 1.9%
GXO stock traded up $0.92 during trading on Friday, reaching $49.01. The stock had a trading volume of 2,333,588 shares, compared to its average volume of 1,334,076. GXO Logistics has a one year low of $30.46 and a one year high of $63.33. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.88. The company's 50 day moving average is $41.00 and its two-hundred day moving average is $40.94. The company has a market capitalization of $5.61 billion, a price-to-earnings ratio of 79.05, a P/E/G ratio of 2.28 and a beta of 1.59.
GXO Logistics (NYSE:GXO - Get Free Report) last issued its quarterly earnings data on Wednesday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.26 by $0.03. GXO Logistics had a net margin of 0.61% and a return on equity of 10.49%. The business had revenue of $2.98 billion during the quarter, compared to the consensus estimate of $2.94 billion. During the same period in the prior year, the firm posted $0.45 EPS. The firm's quarterly revenue was up 21.2% compared to the same quarter last year. Equities research analysts forecast that GXO Logistics will post 2.49 EPS for the current year.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on the stock. Stifel Nicolaus increased their target price on shares of GXO Logistics from $63.00 to $67.00 and gave the company a "buy" rating in a research report on Monday, June 23rd. Wells Fargo & Company increased their target price on shares of GXO Logistics from $44.00 to $48.00 and gave the company an "overweight" rating in a research report on Friday, June 20th. Citigroup reduced their target price on shares of GXO Logistics from $51.00 to $45.00 and set a "buy" rating for the company in a research report on Tuesday, April 8th. Truist Financial reduced their target price on shares of GXO Logistics from $40.00 to $35.00 and set a "hold" rating for the company in a research report on Thursday, April 24th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on shares of GXO Logistics in a research report on Friday, March 7th. They set a "hold" rating and a $45.00 target price for the company. Five equities research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $53.86.
Get Our Latest Report on GXO Logistics
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the business. Geneos Wealth Management Inc. boosted its holdings in GXO Logistics by 4,775.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company's stock worth $78,000 after buying an additional 1,958 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in GXO Logistics by 29.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company's stock worth $1,568,000 after purchasing an additional 9,134 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in GXO Logistics by 2.4% in the 1st 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 in the last quarter. 90.67% of the stock is owned by institutional investors.
GXO Logistics Company Profile
(
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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.
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