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GXO Logistics (GXO) Stock Price, News & Analysis

$49.31
-1.53 (-3.01%)
(As of 06/7/2024 ET)
Today's Range
$49.17
$50.91
50-Day Range
$48.16
$53.72
52-Week Range
$48.09
$67.57
Volume
757,551 shs
Average Volume
725,536 shs
Market Capitalization
$5.89 billion
P/E Ratio
35.47
Dividend Yield
N/A
Price Target
$68.85

GXO Logistics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
39.6% Upside
$68.85 Price Target
Short Interest
Healthy
2.84% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.91mentions of GXO Logistics in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
20.22%
From $2.77 to $3.33 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.16 out of 5 stars

Transportation Sector

28th out of 109 stocks

Transportation Services Industry

4th out of 15 stocks

GXO stock logo

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, 2023, it operated in approximately 974 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

GXO Stock News Headlines

GXO Releases 2023 ESG Impact Report
GXO Welcomes New Jewelry Customer Ring Concierge
GXO Opens New Distribution Hub for Conair
GXO Logistics: GXO Reports First Quarter 2024 Results
GXO Completes Acquisition of Wincanton
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
6/08/2024
Next Earnings (Estimated)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Fax
N/A
Employees
131,000
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$68.85
High Stock Price Target
$82.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+39.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.92
Research Coverage
12 Analysts

Profitability

Net Income
$229 million
Pretax Margin
1.93%

Debt

Sales & Book Value

Annual Sales
$9.78 billion
Cash Flow
$5.46 per share
Book Value
$24.77 per share

Miscellaneous

Free Float
116,804,000
Market Cap
$5.89 billion
Optionable
Not Optionable
Beta
1.61
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Key Executives

  • Mr. Malcolm WilsonMr. Malcolm Wilson (Age 66)
    CEO & Director
    Comp: $2.51M
  • Mr. Baris Oran (Age 51)
    Chief Financial Officer
    Comp: $1.39M
  • Mr. Karlis P. Kirsis (Age 44)
    Chief Legal Officer & Company Secretary
    Comp: $1.06M
  • Mr. Richard Cawston (Age 51)
    Chief Revenue Officer & President of Europe
    Comp: $1.45M
  • Ms. Elizabeth Fogarty (Age 54)
    Chief Commercial Officer
    Comp: $793.52k
  • Paul Blanchett
    Chief Accounting Officer
  • Mr. Nizar Trigui
    Chief Technology Officer
  • Ms. Meagan Fitzsimmons
    Chief Compliance & ESG Officer
  • Ms. Corinna Refsgaard (Age 57)
    Chief Human Resources Officer
  • Mr. Adrian Stoch
    Chief Automation Officer

GXO Stock Analysis - Frequently Asked Questions

Should I buy or sell GXO Logistics stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GXO Logistics in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street 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?

12 equities research analysts have issued 12 month price targets for GXO Logistics' shares. Their GXO share price targets range from $50.00 to $82.00. On average, they anticipate the company's stock price to reach $68.85 in the next year. This suggests a possible upside of 39.6% 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 2024?

GXO Logistics' stock was trading at $61.16 at the beginning of the year. Since then, GXO shares have decreased by 19.4% and is now trading at $49.31.
View the best growth stocks for 2024 here
.

Are investors shorting GXO Logistics?

GXO Logistics saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 3,330,000 shares, an increase of 12.5% from the April 30th total of 2,960,000 shares. Based on an average daily trading volume, of 942,200 shares, the short-interest ratio is currently 3.5 days. Approximately 2.8% of the company's shares 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 Wednesday, August 7th 2024.
View our GXO earnings forecast
.

How were GXO Logistics' earnings last quarter?

GXO Logistics, Inc. (NYSE:GXO) posted its quarterly earnings results on Tuesday, May, 7th. The company reported $0.45 earnings per share for the quarter, meeting the consensus estimate of $0.45. The firm had revenue of $2.46 billion for the quarter, compared to the consensus estimate of $2.38 billion. GXO Logistics had a net margin of 1.68% and a trailing twelve-month return on equity of 10.60%. The business's revenue was up 5.7% compared to the same quarter last year. During the same quarter last year, the firm earned $0.49 EPS.

What guidance has GXO Logistics issued on next quarter's earnings?

GXO Logistics issued an update on its FY24 earnings guidance on Tuesday, May, 7th. The company provided earnings per share (EPS) guidance of $2.70-2.90 for the period, compared to the consensus EPS estimate of $2.71.

Who are GXO Logistics' major shareholders?

GXO Logistics' stock is owned by many different institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.40%), Perpetual Ltd (3.00%), Clearbridge Investments LLC (2.48%), Fort Pitt Capital Group LLC (1.55%), Swedbank AB (1.32%) and Price T Rowe Associates Inc. MD (0.74%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:GXO) was last updated on 6/8/2024 by MarketBeat.com Staff

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