GXO Logistics (NYSE:GXO) Reaches New 1-Year Low - Time to Sell?

Key Points

• GXO Logistics shares fell to a new 52-week low, trading as low as $44.99 and below both their 50-day ($49.23) and 200-day ($51.50) moving averages.
• Despite the decline, analysts maintain a generally positive view, with a “Moderate Buy” consensus rating and an average price target of $63.93, implying substantial upside from current levels.
• GXO slightly exceeded quarterly EPS estimates at $0.59 versus $0.58, while revenue rose 4.3% year over year to $3.44 billion. Institutional investors remain heavily invested, collectively owning 90.67% of the company.

GXO Logistics, Inc. (NYSE:GXO - Get Free Report)'s share price reached a new 52-week low during trading on Monday . The stock traded as low as $44.99 and last traded at $45.5150, with a volume of 36972 shares changing hands. The stock had previously closed at $45.84.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Stephens initiated coverage on GXO Logistics in a research report on Wednesday, July 8th. They issued an "overweight" rating and a $75.00 target price for the company. UBS Group lowered their price objective on GXO Logistics from $74.00 to $64.00 and set a "buy" rating on the stock in a research note on Thursday, August 6th. Citizens Jmp started coverage on shares of GXO Logistics in a research report on Wednesday, July 15th. They set a "market perform" rating and a $80.00 target price for the company. Wells Fargo & Company initiated coverage on shares of GXO Logistics in a research note on Tuesday, July 28th. They issued an "overweight" rating and a $18.00 target price for the company. Finally, Morgan Stanley boosted their price target on shares of GXO Logistics from $75.00 to $78.00 and gave the company an "overweight" rating in a research report on Monday, July 6th. Twelve investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $63.93.

GXO Logistics Price Performance

The business's 50-day moving average price is $49.23 and its 200 day moving average price is $51.50. The company has a market capitalization of $5.20 billion, a P/E ratio of 40.13, a price-to-earnings-growth ratio of 1.42 and a beta of 1.54. 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 posted its earnings results on Tuesday, August 4th. The company reported $0.59 earnings per share for the quarter, topping analysts' consensus estimates of $0.58 by $0.01. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The business had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.46 billion. During the same quarter in the prior year, the firm posted $0.57 EPS. GXO Logistics's revenue was up 4.3% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. Analysts anticipate that GXO Logistics, Inc. will post 3.06 EPS for the current fiscal year.

Institutional Investors Weigh In On GXO Logistics

Institutional investors and hedge funds have recently made changes to their positions in the business. Orbis Allan Gray Ltd grew its position in GXO Logistics by 0.3% during the fourth quarter. Orbis Allan Gray Ltd now owns 13,424,844 shares of the company's stock worth $706,684,000 after buying an additional 37,035 shares in the last quarter. California State Teachers Retirement System raised its holdings in shares of GXO Logistics by 4,908.8% in the 2nd quarter. California State Teachers Retirement System now owns 6,700,309 shares of the company's stock valued at $339,706,000 after acquiring an additional 6,566,539 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in shares of GXO Logistics by 8.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company's stock valued at $252,318,000 after acquiring an additional 371,391 shares in the last quarter. Focus Partners Wealth bought a new stake in shares of GXO Logistics during the 4th quarter valued at about $181,648,000. Finally, Alliancebernstein L.P. boosted its position in shares of GXO Logistics by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company's stock valued at $133,287,000 after acquiring an additional 225,603 shares during the last quarter. Hedge funds and other institutional investors own 90.67% of the company's stock.

GXO Logistics Company Profile

GXO Logistics, Inc NYSE: GXO is a global contract logistics company that manages supply chain operations for businesses across a range of industries. Its services include warehousing, distribution, order fulfillment, inventory management, transportation management and reverse logistics.

The company uses technology, automation and data analytics to operate logistics facilities and support the movement of goods from manufacturers and suppliers to retailers, businesses and consumers. GXO serves customers in sectors such as retail and e-commerce, consumer goods, food and beverage, technology, healthcare, industrial manufacturing and automotive.

GXO was established as an independent public company in 2021 through the spin-off of XPO, Inc's logistics business.

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