GXO Logistics (GXO) Stock Price, News & Analysis

$53.21
+0.08 (+0.15%)
(As of 05/10/2024 ET)
Today's Range
$52.66
$53.46
50-Day Range
$48.16
$53.76
52-Week Range
$48.11
$67.57
Volume
817,815 shs
Average Volume
792,146 shs
Market Capitalization
$6.35 billion
P/E Ratio
38.28
Dividend Yield
N/A
Price Target
$69.85

GXO Logistics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.92 Rating Score
Upside/​Downside
31.3% Upside
$69.85 Price Target
Short Interest
Healthy
2.53% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.46mentions of GXO Logistics in the last 14 days
Based on 21 Articles This Week
Insider Trading
Selling Shares
$236,850 Sold Last Quarter
Proj. Earnings Growth
19.64%
From $2.80 to $3.35 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.

4.46 out of 5 stars

Transportation Sector

20th out of 117 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

Gold Set to EXPLODE!
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
GXO Opens New Distribution Hub for Conair
Gold Set to EXPLODE!
Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.
GXO Logistics: GXO Reports First Quarter 2024 Results
GXO Completes Acquisition of Wincanton
GXO helps Virgin Media O2 cut single use plastic
GXO Announces Pricing of $1.1 Billion Notes Offering
GXO Announces Launch of Senior Notes Offering
GXO Renews Agreement with Mars
5 Analysts Assess GXO Logistics: What You Need To Know
GXO Joins with Daikin
See More Headlines
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Company Calendar

Last Earnings
5/07/2024
Today
5/12/2024
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
$69.85
High Stock Price Target
$82.00
Low Stock Price Target
$50.00
Potential Upside/Downside
+31.3%
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
$9.91 billion
Cash Flow
$5.64 per share
Book Value
$24.31 per share

Miscellaneous

Free Float
117,029,000
Market Cap
$6.35 billion
Optionable
Not Optionable
Beta
1.63
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Key Executives

  • Mr. Malcolm WilsonMr. Malcolm Wilson (Age 66)
    CEO & Director
    Comp: $1.89M
  • Mr. Baris Oran (Age 51)
    Chief Financial Officer
    Comp: $1.28M
  • Mr. Karlis P. Kirsis (Age 44)
    Chief Legal Officer & Company Secretary
    Comp: $947.81k
  • Ms. Elizabeth Fogarty (Age 54)
    Chief Commercial Officer
    Comp: $708.41k
  • 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. Richard Cawston (Age 51)
    Chief Revenue Officer & President of Europe

GXO Stock Analysis - Frequently Asked Questions

Should I buy or sell GXO Logistics stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GXO Logistics in the last year. There are currently 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?

12 equities research analysts have issued 1-year target prices for GXO Logistics' shares. Their GXO share price targets range from $50.00 to $82.00. On average, they predict the company's share price to reach $69.85 in the next twelve months. This suggests a possible upside of 31.3% 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 13.0% and is now trading at $53.21.
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 April. As of April 15th, there was short interest totaling 2,980,000 shares, an increase of 24.7% from the March 31st total of 2,390,000 shares. Based on an average trading volume of 903,400 shares, the days-to-cover ratio is currently 3.3 days. Approximately 2.5% of the shares of the company are short sold.
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) issued its quarterly earnings data on Tuesday, May, 7th. The company reported $0.45 earnings per share for the quarter, hitting the consensus estimate of $0.45. The business had revenue of $2.46 billion for the quarter, compared to analyst estimates of $2.38 billion. GXO Logistics had a trailing twelve-month return on equity of 10.60% and a net margin of 1.68%. GXO Logistics's quarterly revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.49 earnings per share.

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

GXO Logistics updated its FY24 earnings guidance on Tuesday, May, 7th. The company provided 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 a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (9.40%), Perpetual Ltd (3.00%), Fort Pitt Capital Group LLC (1.55%), Motley Fool Asset Management LLC (0.54%), Harel Insurance Investments & Financial Services Ltd. (0.46%) and Reinhart Partners LLC. (0.47%). 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 5/12/2024 by MarketBeat.com Staff

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