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

Key Points

• Shares of RXO carry a consensus Hold rating from 16 analysts (3 sell, 10 hold, 3 buy) with an average 1‑year price target of $16.00, while recent analyst moves include Barclays raising its target to $17 (overweight) and BofA cutting its target to $15 (neutral).
• RXO missed its latest quarter, reporting EPS of ($0.07) vs. ($0.04) expected and revenue of $1.47B vs. $1.50B expected, with revenue down 11.9% year‑over‑year and a negative net margin of 1.74%.
• The stock opened at $19.39 (12‑month range $10.43–$20.18), has a market capitalization of about $3.19B, and roughly 92.7% of shares are held by institutional investors.

Shares of Rxo Inc (NYSE:RXO - Get Free Report) have earned a consensus recommendation of "Hold" from the sixteen research firms that are presently covering the firm, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and three have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $16.00.

Several research analysts have commented on the company. Stephens set a $15.00 price objective on RXO in a research report on Monday, February 9th. Barclays raised their price objective on RXO from $15.00 to $17.00 and gave the company an "overweight" rating in a research report on Wednesday, March 4th. UBS Group reissued a "neutral" rating on shares of RXO in a research report on Sunday, February 8th. TD Cowen reissued a "hold" rating on shares of RXO in a research report on Friday, January 9th. Finally, Bank of America cut their price objective on RXO from $17.00 to $15.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 25th.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Geneos Wealth Management Inc. purchased a new position in RXO in the first quarter valued at about $30,000. Flagship Harbor Advisors LLC purchased a new position in RXO in the fourth quarter valued at about $25,000. Quarry LP purchased a new position in RXO in the third quarter valued at about $33,000. Larson Financial Group LLC increased its position in shares of RXO by 146.5% during the third quarter. Larson Financial Group LLC now owns 2,766 shares of the company's stock worth $43,000 after acquiring an additional 1,644 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its position in shares of RXO by 27.0% during the third quarter. Jones Financial Companies Lllp now owns 3,298 shares of the company's stock worth $49,000 after acquiring an additional 701 shares during the last quarter. 92.73% of the stock is owned by hedge funds and other institutional investors.

RXO Price Performance

Shares of RXO stock opened at $19.39 on Friday. RXO has a twelve month low of $10.43 and a twelve month high of $20.18. The stock has a market capitalization of $3.19 billion, a P/E ratio of -33.43, a PEG ratio of 34.51 and a beta of 1.65. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.25. The business's fifty day moving average price is $15.29 and its 200 day moving average price is $14.91.

RXO (NYSE:RXO - Get Free Report) last issued its earnings results on Friday, February 6th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates 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 firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same quarter in the previous year, the business posted $0.06 EPS. RXO's revenue was down 11.9% compared to the same quarter last year. As a group, research analysts anticipate that RXO will post 0.02 earnings per share for the current 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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