GXO Logistics Sees Unusually High Options Volume (NYSE:GXO)

Key Points

• Unusual options activity: Traders purchased 20,035 GXO put options, roughly 805% above the typical daily volume of 2,213 contracts.
• Stock and earnings: GXO shares rose 1.1% to $49.92, while the company’s latest quarterly EPS of $0.59 slightly exceeded estimates; revenue increased 4.3% year over year to $3.44 billion but fell short of expectations.
• Analyst sentiment remains positive: Thirteen analysts rate GXO a Buy and two rate it Hold, producing a consensus “Moderate Buy” rating and an average price target of $63.29. Institutional investors own 90.67% of the company.

GXO Logistics, Inc. (NYSE:GXO - Get Free Report) saw some unusual options trading activity on Thursday. Stock traders acquired 20,035 put options on the company. This represents an increase of approximately 805% compared to the typical daily volume of 2,213 put options.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Trust Co. of Vermont bought a new position in GXO Logistics in the 2nd quarter valued at $37,000. Integrated Wealth Concepts LLC bought a new position in shares of GXO Logistics in the second quarter worth about $48,000. Nykredit A S purchased a new position in GXO Logistics in the 2nd quarter worth about $73,000. GAMMA Investing LLC lifted its holdings in GXO Logistics by 14.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,841 shares of the company's stock valued at $82,000 after buying an additional 231 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC bought a new stake in GXO Logistics during the 1st quarter valued at about $104,000. Institutional investors own 90.67% of the company's stock.

GXO Logistics Trading Up 1.1%

Shares of NYSE:GXO traded up $0.54 during trading on Thursday, reaching $49.92. The company's stock had a trading volume of 957,360 shares, compared to its average volume of 1,327,615. The stock has a market capitalization of $5.72 billion, a PE ratio of 44.17, a price-to-earnings-growth ratio of 1.51 and a beta of 1.57. GXO Logistics has a 12 month low of $43.61 and a 12 month high of $66.85. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The firm's 50 day simple moving average is $46.69 and its two-hundred day simple moving average is $51.90.

GXO Logistics (NYSE:GXO - Get Free Report) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.58 by $0.01. The business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%. The company's quarterly revenue was up 4.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.57 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, research analysts predict that GXO Logistics will post 3.05 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

GXO has been the topic of a number of recent analyst reports. Oppenheimer set a $61.00 price target on GXO Logistics in a report on Thursday, August 6th. Susquehanna dropped their target price on shares of GXO Logistics from $62.00 to $60.00 and set a "positive" rating for the company in a research report on Friday, October 2nd. Morgan Stanley raised their target price on shares of GXO Logistics from $75.00 to $78.00 and gave the company an "overweight" rating in a research note on Monday, July 6th. Stephens began coverage on shares of GXO Logistics in a report on Wednesday, July 8th. They set an "overweight" rating and a $75.00 price objective for the company. Finally, Truist Financial reduced their target price on GXO Logistics from $70.00 to $55.00 and set a "buy" rating on the stock in a report on Wednesday, July 15th. Thirteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, GXO Logistics currently has a consensus rating of "Moderate Buy" and a consensus price target of $63.29.

GXO Logistics Company Profile

GXO Logistics, Inc NYSE: GXO is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO's logistics segment and began operating as an independent public company in 2021.

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