Should I buy or sell GXO Logistics stock right now?

13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GXO Logistics in the last year. There are currently 1 sell rating, 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GXO shares. View GXO analyst ratings or view top-rated stocks .

What is GXO Logistics' stock price target for 2024?

13 analysts have issued 12-month price objectives for GXO Logistics' stock. Their GXO share price targets range from $40.00 to $81.00. On average, they expect the company's stock price to reach $67.47 in the next year. This suggests a possible upside of 16.0% from the stock's current price. View analysts price targets for GXO or view top-rated stocks among Wall Street analysts .

How have GXO shares performed in 2023?

GXO Logistics' stock was trading at $42.69 at the beginning of the year. Since then, GXO stock has increased by 36.2% and is now trading at $58.15. View the best growth stocks for 2023 here .

Are investors shorting GXO Logistics?

GXO Logistics saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 2,500,000 shares, a decrease of 9.7% from the October 31st total of 2,770,000 shares. Based on an average daily trading volume, of 627,600 shares, the short-interest ratio is presently 4.0 days. Approximately 2.1% of the shares of the stock are sold short. View GXO Logistics' Short Interest .

When is GXO Logistics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024. View our GXO earnings forecast .

How were GXO Logistics' earnings last quarter?

GXO Logistics, Inc. (NYSE:GXO) announced its quarterly earnings data on Tuesday, November, 7th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.04. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.48 billion. GXO Logistics had a net margin of 2.09% and a trailing twelve-month return on equity of 11.76%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share.

What ETFs hold GXO Logistics' stock?

ETFs with the largest weight of GXO Logistics (NYSE:GXO) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD) , MFAM Small-Cap Growth ETF (MFMS) , Motley Fool Small-Cap Growth ETF (TMFS) , Tema American Reshoring ETF (RSHO) , Innovator Deepwater Frontier Tech ETF (LOUP) , U.S. Global Sea to Sky Cargo ETF (SEA) , Motley Fool Mid-Cap Growth ETF (TMFM) and ProShares Supply Chain Logistics ETF (SUPL) .

Who are GXO Logistics' major shareholders?

GXO Logistics' stock is owned by a number of institutional and retail investors. Top institutional investors include Perpetual Ltd (4.29%), American Century Companies Inc. (2.74%), Morgan Stanley (2.57%), Clearbridge Investments LLC (2.41%), FMR LLC (1.83%) and Mar Vista Investment Partners LLC (1.37%). Insiders that own company stock include Gena L Ashe, Gena L Ashe , Malcolm Wilson and S Jacobs Bradley . View institutional ownership trends .

How do I buy shares of GXO Logistics?

Shares of GXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

GXO Logistics Stock Price, News & Analysis (NYSE:GXO)

$58.15

+1.89 (+3.36%)

(As of 12/1/2023 ET)

Compare

Today's Range: $56.03
▼
$58.22
50-Day Range: $49.82
▼
$58.65
52-Week Range: $40.94
▼
$67.57

Volume: 639,995 shs
Average Volume: 638,011 shs
Market Capitalization: $6.92 billion

P/E Ratio: 34.41
Dividend Yield: N/A
Price Target: $67.47

GXO Logistics MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.77 Rating Score
Upside/Downside: 16.0% Upside
$67.47 Price Target
Short Interest: Healthy
2.14% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 1.15
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 9.27%
From $2.59 to $2.83 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.49 out of 5 stars

Transportation Sector

32nd out of 110 stocks

Transportation Services Industry

2nd out of 17 stocks

3.4

Analyst's Opinion

Consensus Rating
GXO Logistics has received a consensus rating of Moderate Buy. The company's average rating score is 2.77, and is based on 11 buy ratings, 1 hold rating, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $67.47, GXO Logistics has a forecasted upside of 16.0% from its current price of $58.15.
Amount of Analyst Coverage
GXO Logistics has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

4.0

Short Interest

Percentage of Shares Shorted
2.14% of the float of GXO Logistics has been sold short.
Short Interest Ratio / Days to Cover
GXO Logistics has a short interest ratio ("days to cover") of 4.
Change versus previous month
Short interest in GXO Logistics has recently decreased by 9.75%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
GXO Logistics does not currently pay a dividend.
Dividend Growth
GXO Logistics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GXO.

2.9

News and Social Media Coverage

News Sentiment
GXO Logistics has a news sentiment score of 1.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.46 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for GXO Logistics this week, compared to 8 articles on an average week.
Search Interest
6 people have searched for GXO on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.
MarketBeat Follows
Only 5 people have added GXO Logistics to their MarketBeat watchlist in the last 30 days. This is a decrease of -44% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GXO Logistics insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 2.00% of the stock of GXO Logistics is held by insiders.
Percentage Held by Institutions
90.67% of the stock of GXO Logistics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for GXO Logistics are expected to grow by 9.27% in the coming year, from $2.59 to $2.83 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GXO Logistics is 34.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 110.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of GXO Logistics is 34.41, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.33.
Price to Earnings Growth Ratio
GXO Logistics has a PEG Ratio of 2.58. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
GXO Logistics has a P/B Ratio of 2.46. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About GXO Logistics Stock (NYSE:GXO)

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, 2022, it operated in approximately 979 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. GXO Logistics, Inc. was incorporated in 2021 and is headquartered in Greenwich, Connecticut.

GXO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GXO Stock News Headlines

November 29, 2023 | seekingalpha.com

GXO Logistics: Deep Dive Illustrates Balanced Growth Outlook

November 29, 2023 | finance.yahoo.com

GXO enters new partnership with Shepherd Neame, Britain’s oldest brewer

December 3, 2023 | Wealthpress (Ad)

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November 28, 2023 | finanznachrichten.de

GXO Logistics: GXO Adds Returns to Extended Agreement with Amer Sports

November 28, 2023 | finance.yahoo.com

GXO Adds Returns to Extended Agreement with Amer Sports

November 27, 2023 | seekingalpha.com

GXO Logistics Stock Remains A Buy On Market Opportunity (Rating Downgrade)

November 22, 2023 | msn.com

GXO Logistics announces extension of partnership with Avon

November 22, 2023 | msn.com

Logistics Firm GXO Extends Partnership With Beauty Company Avon

December 3, 2023 | Wealthpress (Ad)

Trading Experts Call It “The Perfect Tesla Trade”

November 22, 2023 | finance.yahoo.com

GXO Extends Partnership with Avon

November 21, 2023 | finance.yahoo.com

GXO to shutter Ohio facility in January

November 20, 2023 | bizjournals.com

GXO Logistics Worldwide to shutter Groveport facility, impacting nearly 200 employees

November 16, 2023 | msn.com

UPS Warehouse To Employ 3000 Robots and Just 200 Workers

November 14, 2023 | finanznachrichten.de

GXO Logistics: GXO Expands GXO ServiceTech in Germany

November 14, 2023 | finance.yahoo.com

GXO Logistics (NYSE:GXO) Is Experiencing Growth In Returns On Capital

November 14, 2023 | finance.yahoo.com

GXO Expands GXO ServiceTech in Germany

November 10, 2023 | markets.businessinsider.com

Morgan Stanley Maintains Overweight Rating for GXO Logistics: Here's What You Need To Know

November 9, 2023 | finance.yahoo.com

GXO Logistics, Inc. (NYSE:GXO) Q3 2023 Earnings Call Transcript

November 9, 2023 | markets.businessinsider.com

Hold Rating on GXO Logistics: Analyzing EBITDA Estimates and Organic Growth Forecasts

November 9, 2023 | msn.com

GXO CEO Malcolm Wilson on operating with higher rates and the holiday spending outlook

November 9, 2023 | finance.yahoo.com

Q3 2023 GXO Logistics Inc Earnings Call

November 8, 2023 | finance.yahoo.com

GXO lowers full-year organic revenue estimates

November 7, 2023 | finance.yahoo.com

GXO Logistics Inc (GXO) Reports Strong Third Quarter 2023 Results Amidst Market Challenges

November 6, 2023 | finance.yahoo.com

Pinterest and Clorox have been highlighted as Zacks Bull and Bear of the Day

November 1, 2023 | finance.yahoo.com

Scaling strategically with shared warehousing and fulfillment

October 31, 2023 | bizjournals.com

Metro Atlanta warehouse to shut down

October 31, 2023 | finance.yahoo.com

GXO Logistics (GXO) Expected to Beat Earnings Estimates: What to Know Ahead of Q3 Release

See More Headlines

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Company Calendar

Last Earnings: 11/07/2023
Today: 12/03/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/13/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Transportation services
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NYSE:GXO
CUSIP: N/A
CIK: 1852244
Web: gxo.com
Phone: 203-489-1287
Fax: N/A
Employees: 135,000
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $67.47
High Stock Price Target: $81.00
Low Stock Price Target: $40.00
Potential Upside/Downside: +16.0%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.77
Research Coverage: 13 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.69
Trailing P/E Ratio: 34.41
Forward P/E Ratio: 22.45
P/E Growth: 2.58
Net Income: $197 million
Net Margins: 2.09%
Pretax Margin: 2.66%
Return on Equity: 11.76%
Return on Assets: 3.55%

Debt

Debt-to-Equity Ratio: 0.58
Current Ratio: 1.01
Quick Ratio: 1.01

Sales & Book Value

Annual Sales: $8.99 billion
Price / Sales: 0.77
Cash Flow: $5.60 per share
Price / Cash Flow: 10.39
Book Value: $23.68 per share
Price / Book: 2.46

Miscellaneous

Outstanding Shares: 118,960,000
Free Float: 116,576,000
Market Cap: $6.92 billion
Optionable: Not Optionable
Beta: 1.71

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Key Executives

Mr. Malcolm Wilson (Age 65)
CEO & Director
Comp: $1.89M
Mr. Baris Oran (Age 50)
Chief Financial Officer
Comp: $1.28M
Mr. Karlis P. Kirsis (Age 44)
Chief Legal Officer & Company Secretary
Comp: $947.81k
Ms. Elizabeth Fogarty (Age 53)
Chief Commercial Officer
Comp: $708.41k
Paul Blanchett
Chief Accounting Officer
Mr. Sandeep Sakharkar
Chief Information Officer
Ms. Meagan Fitzsimmons
Chief Compliance & ESG Officer
Mr. Eduardo Pelleissone
President of Americas & Asia Pacific
Mr. Bill Fraine
Chief Commercial Officer
Mr. Neil Shelton
Chief Strategy Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

GXO Stock Analysis - Frequently Asked Questions

Should I buy or sell GXO Logistics stock right now?: 13 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GXO Logistics in the last year. There are currently 1 sell rating, 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GXO shares.
View GXO analyst ratings or view top-rated stocks.
What is GXO Logistics' stock price target for 2024?: 13 analysts have issued 12-month price objectives for GXO Logistics' stock. Their GXO share price targets range from $40.00 to $81.00. On average, they expect the company's stock price to reach $67.47 in the next year. This suggests a possible upside of 16.0% from the stock's current price.
View analysts price targets for GXO or view top-rated stocks among Wall Street analysts.
How have GXO shares performed in 2023?: GXO Logistics' stock was trading at $42.69 at the beginning of the year. Since then, GXO stock has increased by 36.2% and is now trading at $58.15.
View the best growth stocks for 2023 here.
Are investors shorting GXO Logistics?: GXO Logistics saw a decrease in short interest in the month of November. As of November 15th, there was short interest totaling 2,500,000 shares, a decrease of 9.7% from the October 31st total of 2,770,000 shares. Based on an average daily trading volume, of 627,600 shares, the short-interest ratio is presently 4.0 days. Approximately 2.1% of the shares of the stock are sold short.
View GXO Logistics' Short Interest.
When is GXO Logistics' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 13th 2024.
View our GXO earnings forecast.

How were GXO Logistics' earnings last quarter?: GXO Logistics, Inc. (NYSE:GXO) announced its quarterly earnings data on Tuesday, November, 7th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.65 by $0.04. The firm had revenue of $2.47 billion for the quarter, compared to analyst estimates of $2.48 billion. GXO Logistics had a net margin of 2.09% and a trailing twelve-month return on equity of 11.76%. The firm's revenue for the quarter was up 8.0% compared to the same quarter last year. During the same period last year, the business posted $0.75 earnings per share.
What ETFs hold GXO Logistics' stock?: ETFs with the largest weight of GXO Logistics (NYSE:GXO) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Tema American Reshoring ETF (RSHO), Innovator Deepwater Frontier Tech ETF (LOUP), U.S. Global Sea to Sky Cargo ETF (SEA), Motley Fool Mid-Cap Growth ETF (TMFM) and ProShares Supply Chain Logistics ETF (SUPL).
Who are GXO Logistics' major shareholders?: GXO Logistics' stock is owned by a number of institutional and retail investors. Top institutional investors include Perpetual Ltd (4.29%), American Century Companies Inc. (2.74%), Morgan Stanley (2.57%), Clearbridge Investments LLC (2.41%), FMR LLC (1.83%) and Mar Vista Investment Partners LLC (1.37%). Insiders that own company stock include Gena L Ashe, Gena L Ashe, Malcolm Wilson and S Jacobs Bradley.
View institutional ownership trends.
How do I buy shares of GXO Logistics?: Shares of GXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NYSE:GXO) was last updated on 12/3/2023 by MarketBeat.com Staff

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