NYSE:RXO RXO (RXO) Stock Forecast, Price & News $18.70 -0.12 (-0.64%) (As of 10:02 AM ET) Add Compare Share Share Today's Range$18.67▼$18.9050-Day Range$17.52▼$22.0552-Week Range$14.75▼$25.50Volume19,162 shsAverage Volume1.11 million shsMarket Capitalization$2.19 billionP/E Ratio170.02Dividend YieldN/APrice Target$21.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media RXO MarketRank™ ForecastAnalyst RatingHold2.22 Rating ScoreUpside/Downside11.6% Upside$21.00 Price TargetShort InterestBearish3.41% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.39Based on 7 Articles This WeekInsider TradingAcquiring Shares$200,453 Bought Last QuarterProj. Earnings Growth125.00%From $0.28 to $0.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.14 out of 5 starsTransportation Sector76th out of 116 stocksTransportation Services Industry11th out of 17 stocks 3.1 Analyst's Opinion Consensus RatingRXO has received a consensus rating of Hold. The company's average rating score is 2.17, and is based on 5 buy ratings, 11 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $21.00, RXO has a forecasted upside of 11.6% from its current price of $18.82.Amount of Analyst CoverageRXO has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.41% of the float of RXO has been sold short.Short Interest Ratio / Days to CoverRXO has a short interest ratio ("days to cover") of 5.3.Change versus previous monthShort interest in RXO has recently increased by 21.74%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldRXO does not currently pay a dividend.Dividend GrowthRXO does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for RXO. Previous Next 0.9 News and Social Media Coverage News SentimentRXO has a news sentiment score of -0.39. 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 lower news sentiment than the 0.53 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 7 news articles for RXO this week, compared to 4 articles on an average week.Search InterestOnly 1 people have searched for RXO on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added RXO to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RXO insiders have bought more of their company's stock than they have sold. Specifically, they have bought $200,453.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.50% of the stock of RXO is held by insiders.Percentage Held by Institutions92.73% of the stock of RXO is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for RXO are expected to grow by 125.00% in the coming year, from $0.28 to $0.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RXO is 171.11, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 113.01.Price to Earnings Ratio vs. SectorThe P/E ratio of RXO is 171.11, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 10.11.Price to Earnings Growth RatioRXO has a PEG Ratio of 5.41. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRXO has a P/B Ratio of 3.73. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About RXO (NYSE:RXO) StockRXO, Inc. provides full truckload freight transportation brokering services. The company also offers brokered services for managed transportation, last mile, and freight forwarding. RXO, Inc. was founded in 2022 and is based in Charlotte, North Carolina.Read More RXO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RXO Stock News HeadlinesOctober 4, 2023 | americanbankingnews.comSusquehanna Lowers RXO (NYSE:RXO) Price Target to $13.00October 3, 2023 | americanbankingnews.comRXO (NYSE:RXO) PT Lowered to $18.00October 4, 2023 | Edge On The Street (Ad)The Strategic Gold Play You Haven't Heard AboutExperts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. October 2, 2023 | msn.comMorgan Stanley Maintains RXO (RXO) Equal-Weight RecommendationSeptember 28, 2023 | finance.yahoo.comXPO, Inc.: For XPO, Freight Diversions From Yellow a Solid Offset to Soft Underlying DemandSeptember 25, 2023 | finance.yahoo.comRXO Presents the Carolina Panthers Oorah Hooah Classic 7-on-7 Football TournamentSeptember 18, 2023 | finance.yahoo.comThree RXO Leaders Named Recipients of 2023 Women in Supply Chain AwardSeptember 15, 2023 | au.finance.yahoo.comRXO, Inc. (RXO)October 4, 2023 | Edge On The Street (Ad)The Strategic Gold Play You Haven't Heard AboutExperts recommend adding gold to your portfolio, but in what form? Some savvy investors are now rejecting coins and mining stocks in favor of a unique gold investment alternative. It holds explosive growth potential similar to a junior gold stock -- but with less risk exposure. September 13, 2023 | msn.comRXO: Steering Through The Freight FrenzySeptember 12, 2023 | finance.yahoo.comRXO Dedicated Transportation Named 2023 SmartWay High PerformerSeptember 7, 2023 | finance.yahoo.comRXO Named Official Supply Chain and Logistics Partner of the Carolina PanthersAugust 10, 2023 | finance.yahoo.comRXO Inc (N9Q.BE)August 8, 2023 | msn.comOppenheimer Reiterates RXO (RXO) Outperform RecommendationAugust 7, 2023 | markets.businessinsider.comRXO, Inc. (RXO) Receives a Sell from Goldman SachsAugust 5, 2023 | seekingalpha.comRXO, Inc. 2023 Q2 - Results - Earnings Call PresentationAugust 4, 2023 | markets.businessinsider.comRXO, Inc. (RXO) Gets a Buy from BarclaysAugust 4, 2023 | finance.yahoo.comXPO, Inc.: XPO Earnings: Less-Than-Truckload-Industry Demand Pressured, but Firm Grabbing Shipments From YellowAugust 3, 2023 | markets.businessinsider.com5 Analysts Have This to Say About RXOAugust 3, 2023 | finance.yahoo.comRXO Named Great Supply Chain Partner by SupplyChainBrainAugust 2, 2023 | finance.yahoo.comC.H. Robinson CEO Bozeman makes earnings call debut after tough Q2August 2, 2023 | finance.yahoo.comFlat sequential performance at 3PL RXO leaves Wall Street unimpressedAugust 2, 2023 | washingtonpost.comRXO: Q2 Earnings SnapshotAugust 2, 2023 | finance.yahoo.comRXO Announces Results for Second Quarter 2023, Including Double-Digit Brokerage Volume GrowthJuly 27, 2023 | finance.yahoo.comRXO Selected as a 2023 Top 100 3PL Provider by Inbound LogisticsJuly 20, 2023 | bizjournals.comCFO of the Year Awards: Jamie Harris, RXO Inc.July 13, 2023 | finance.yahoo.comRXO Wins 2023 World Future Award for Best Truck Transportation SolutionSee More Headlines Receive RXO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for RXO and its competitors with MarketBeat's FREE daily newsletter. Email Address RXO Company Calendar Last Earnings8/02/2023Today10/04/2023Next Earnings (Estimated)11/29/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Transportation services Sub-IndustryN/A SectorTransportation Current SymbolNYSE:RXO CUSIPN/A CIK1929561 Webwww.rxo.com Phone980-308-6058FaxN/AEmployees8,590Year FoundedN/APrice Target and Rating Average Stock Price Forecast$21.00 High Stock Price Forecast$27.00 Low Stock Price Forecast$13.00 Forecasted Upside/Downside+12.3%Consensus RatingHold Rating Score (0-4)2.22 Research Coverage18 Analysts Profitability EPS (Most Recent Fiscal Year)$0.11 Trailing P/E Ratio170.02 Forward P/E Ratio66.79 P/E Growth5.41Net Income$92 million Net Margins0.28% Pretax Margin0.28% Return on Equity9.50% Return on Assets3.37% Debt Debt-to-Equity Ratio0.77 Current Ratio1.31 Quick Ratio1.31 Sales & Book Value Annual Sales$4.80 billion Price / Sales0.46 Cash Flow$2.20 per share Price / Cash Flow8.49 Book Value$5.05 per share Price / Book3.70Miscellaneous Outstanding Shares116,980,000Free Float115,227,000Market Cap$2.19 billion OptionableNot Optionable BetaN/A Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Drew M. Wilkerson (Age 39)CEO & Director Comp: $1.77MMr. James E. Harris (Age 61)Chief Financial Officer Comp: $1.19MMr. Jeff Firestone (Age 52)Chief Legal Officer Comp: $1.62MMr. Jason S. Kerr (Age 46)Chief Accounting Officer Mr. Jared Ian WeisfeldChief Strategy OfficerKey CompetitorsGlobal Business Travel GroupNYSE:GBTGGATXNYSE:GATXGXO LogisticsNYSE:GXOXPONYSE:XPOTORMNASDAQ:TRMDView All CompetitorsInsiders & InstitutionsThomas A SzlosekBought 11,186 shares on 9/15/2023Total: $200,453.12 ($17.92/share)California State Teachers Retirement SystemBought 7,976 shares on 8/21/2023Ownership: 0.121%Teachers Retirement System of The State of KentuckyBought 2,110 shares on 8/21/2023Ownership: 0.033%Osaic Holdings Inc.Sold 3,012 shares on 8/21/2023Ownership: 0.022%Nuveen Asset Management LLCBought 383,441 shares on 8/16/2023Ownership: 0.879%View All Insider TransactionsView All Institutional Transactions RXO Stock - Frequently Asked Questions Should I buy or sell RXO stock right now? 18 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RXO in the last year. There are currently 2 sell ratings, 11 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" RXO shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in RXO, but not buy additional shares or sell existing shares. View RXO analyst ratings or view top-rated stocks. What is RXO's stock price forecast for 2023? 18 brokerages have issued 1 year price targets for RXO's shares. Their RXO share price forecasts range from $13.00 to $27.00. On average, they predict the company's share price to reach $21.00 in the next twelve months. This suggests a possible upside of 12.3% from the stock's current price. View analysts price targets for RXO or view top-rated stocks among Wall Street analysts. How have RXO shares performed in 2023? RXO's stock was trading at $17.20 at the start of the year. Since then, RXO shares have increased by 8.7% and is now trading at $18.70. View the best growth stocks for 2023 here. Are investors shorting RXO? RXO saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 3,920,000 shares, an increase of 21.7% from the August 31st total of 3,220,000 shares. Based on an average daily volume of 744,300 shares, the short-interest ratio is currently 5.3 days. Currently, 3.4% of the shares of the company are sold short. View RXO's Short Interest. When is RXO's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 29th 2023. View our RXO earnings forecast. How were RXO's earnings last quarter? RXO, Inc. (NYSE:RXO) issued its quarterly earnings results on Wednesday, August, 2nd. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. The company earned $963 million during the quarter, compared to analysts' expectations of $1.01 billion. RXO had a net margin of 0.28% and a trailing twelve-month return on equity of 9.50%. The company's revenue was down 21.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.56 EPS. What ETFs hold RXO's stock? ETFs with the largest weight of RXO (NYSE:RXO) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD), Motley Fool Mid-Cap Growth ETF (TMFM), Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Alger Weatherbie Enduring Growth ETF (AWEG), SPDR S&P Transportation ETF (XTN), Invesco S&P SmallCap Industrials ETF (PSCI) and ProShares Supply Chain Logistics ETF (SUPL). What is RXO's stock symbol? RXO trades on the New York Stock Exchange (NYSE) under the ticker symbol "RXO." How do I buy shares of RXO? Shares of RXO 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. What is RXO's stock price today? One share of RXO stock can currently be purchased for approximately $18.70. How much money does RXO make? RXO (NYSE:RXO) has a market capitalization of $2.19 billion and generates $4.80 billion in revenue each year. The company earns $92 million in net income (profit) each year or $0.11 on an earnings per share basis. How many employees does RXO have? The company employs 8,590 workers across the globe. How can I contact RXO? The official website for the company is www.rxo.com. The company can be reached via phone at 980-308-6058 or via email at investors@rxo.com. This page (NYSE:RXO) was last updated on 10/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding RXO, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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