Rxo Inc (NYSE:RXO) Given Average Rating of "Hold" by Brokerages

Key Points

• Analyst consensus: Nineteen firms rate RXO an average of "Hold" (4 sell, 11 hold, 4 buy) with a one‑year average price target of $16.47.
• RXO missed the quarter, reporting EPS of -$0.07 (vs. -$0.04 expected) and $1.47B revenue (vs. $1.50B expected), with revenue down 11.9% year‑over‑year and a negative net margin, and the stock traded down about 6.2% to $15.50.
• High institutional ownership: Hedge funds and institutions own roughly 92.73% of RXO, with recent position changes (e.g., RBC and Mirae Asset increasing stakes) showing continued investor involvement.

Shares of Rxo Inc (NYSE:RXO - Get Free Report) have received an average recommendation of "Hold" from the nineteen research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and four have given a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is $16.4667.

RXO has been the subject of a number of research reports. Benchmark reissued a "hold" rating on shares of RXO in a research note on Monday, February 9th. Citigroup upped their target price on shares of RXO from $15.00 to $18.00 and gave the company a "neutral" rating in a research report on Monday, February 9th. Wall Street Zen lowered RXO from a "hold" rating to a "sell" rating in a research report on Saturday, November 8th. Susquehanna upped their price objective on RXO from $10.00 to $11.00 and gave the company a "negative" rating in a research report on Thursday, January 8th. Finally, Wolfe Research raised RXO from an "underperform" rating to a "peer perform" rating in a research note on Friday, November 14th.

Institutional Investors Weigh In On RXO

Hedge funds and other institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its holdings in shares of RXO by 14.3% in the 1st quarter. Royal Bank of Canada now owns 23,251 shares of the company's stock worth $444,000 after acquiring an additional 2,902 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in RXO by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 94,940 shares of the company's stock worth $1,813,000 after purchasing an additional 4,134 shares during the period. Geneos Wealth Management Inc. purchased a new stake in RXO in the 1st quarter worth about $30,000. Strs Ohio bought a new stake in RXO in the first quarter worth about $97,000. Finally, AlphaQuest LLC purchased a new position in shares of RXO during the second quarter valued at approximately $29,000. Hedge funds and other institutional investors own 92.73% of the company's stock.

RXO Trading Down 6.2%

RXO stock opened at $15.50 on Friday. RXO has a 1 year low of $10.43 and a 1 year high of $20.58. The firm's 50 day moving average price is $14.92 and its 200-day moving average price is $15.15. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.27 and a quick ratio of 1.27. The stock has a market cap of $2.54 billion, a P/E ratio of -26.72, a PEG ratio of 11.61 and a beta of 1.67.

RXO (NYSE:RXO - Get Free Report) last posted its earnings results on Friday, February 6th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.03). RXO had a negative net margin of 1.74% and a negative return on equity of 0.44%. The company had revenue of $1.47 billion for the quarter, compared to analysts' expectations of $1.50 billion. During the same period in the previous year, the business posted $0.06 earnings per share. The business's revenue was down 11.9% on a year-over-year basis. On average, equities analysts predict that RXO will post 0.31 earnings per share for the current fiscal year.

RXO Company Profile

RXO Inc NYSE: RXO is a leading asset-light provider of digital freight brokerage and managed transportation solutions. The company leverages a proprietary technology platform to connect shippers with a network of third-party carriers, enabling optimized route planning, real-time shipment tracking, and dynamic pricing. RXO’s end-to-end service model spans full truckload, less-than-truckload (LTL), intermodal and cross-border freight movements, designed to improve efficiency and reduce transportation costs for its customers.

Operating primarily across North America, RXO serves a diverse base of shippers in industries ranging from retail and consumer goods to manufacturing and automotive.

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