NYSE:RXO

RXO (RXO) Stock Forecast, Price & News

$20.56

-0.08 (-0.39%)

(As of 05/26/2023 ET)

Compare

Today's Range: $20.43
▼
$20.81
50-Day Range: $17.33
▼
$20.64
52-Week Range: $14.75
▼
$25.50

Volume: 597,866 shs
Average Volume: 760,779 shs
Market Capitalization: $2.40 billion

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $22.00

RXO MarketRank™ Forecast

Analyst Rating: Hold
2.29 Rating Score
Upside/Downside: 7.0% Upside
$22.00 Price Target
Short Interest: Healthy
2.32% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.99
Based on 9 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 49.23%
From $0.65 to $0.97 Per Share

Overall MarketRank^™

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

1.90 out of 5 stars

Transportation Sector

94th out of 124 stocks

Transportation Services Industry

13th out of 17 stocks

2.1

Analyst's Opinion

Consensus Rating
RXO has received a consensus rating of Hold. The company's average rating score is 2.29, and is based on 5 buy ratings, 12 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $22.00, RXO has a forecasted upside of 7.0% from its current price of $20.56.
Amount of Analyst Coverage
RXO has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.32% of the float of RXO has been sold short.
Short Interest Ratio / Days to Cover
RXO has a short interest ratio ("days to cover") of 2.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month

0.0

Dividend Strength

Dividend Yield
RXO does not currently pay a dividend.
Dividend Growth
RXO 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 RXO.

3.9

News and Social Media Coverage

News Sentiment
RXO has a news sentiment score of 0.99. 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 0.47 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 9 news articles for RXO this week, compared to 5 articles on an average week.
Search Interest
6 people have searched for RXO on MarketBeat in the last 30 days.
MarketBeat Follows
4 people have added RXO to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RXO insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 1.50% of the stock of RXO is held by insiders.
Percentage Held by Institutions
Only 9.85% of the stock of RXO is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for RXO are expected to grow by 49.23% in the coming year, from $0.65 to $0.97 per share.
Price to Earnings Growth Ratio
RXO has a PEG Ratio of 2.44. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
RXO has a P/B Ratio of 4.11. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About RXO (NYSE:RXO) Stock

RXO, Inc. provides full truckload freight transportation brokering services through its proprietary digital marketplace in North America. It also offers brokered services for managed transportation, last mile, and freight forwarding. The company was founded in 2022 and is based in Charlotte, North Carolina.

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RXO Stock News Headlines

May 25, 2023 | msn.com

Barclays Initiates Coverage of RXO (RXO) with Overweight Recommendation

May 24, 2023 | americanbankingnews.com

RXO (NYSE:RXO) Research Coverage Started at Barclays

May 27, 2023 | Legacy Research (Affiliate) (Ad)

Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast

He predicted the 2020 crash a month before it happened… He predicted this year’s collapse back in January…

May 16, 2023 | americanbankingnews.com

RXO, Inc. (NYSE:RXO) Receives Consensus Rating of "Hold" from Brokerages

May 10, 2023 | finance.yahoo.com

AI will allow employees to do more per day: RXO CEO

May 9, 2023 | msn.com

RXO's Return On Capital Employed Insights

May 7, 2023 | americanbankingnews.com

RXO (NYSE:RXO) Earns Maintains Rating from 92 Resources

May 6, 2023 | americanbankingnews.com

RXO (NYSE:RXO) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPS

May 27, 2023 | Legacy Research (Affiliate) (Ad)

Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New Forecast

He predicted the 2020 crash a month before it happened… He predicted this year’s collapse back in January…

May 6, 2023 | americanbankingnews.com

Head to Head Review: RXO (NYSE:RXO) and Daseke (NASDAQ:DSKE)

May 5, 2023 | americanbankingnews.com

Booking (NASDAQ:BKNG) and RXO (NYSE:RXO) Head-To-Head Analysis

May 5, 2023 | markets.businessinsider.com

RXO, Inc. (RXO) Receives a Hold from Morgan Stanley

May 5, 2023 | americanbankingnews.com

RXO (NYSE:RXO) Trading 8% Higher on Earnings Beat

May 4, 2023 | msn.com

Wells Fargo Maintains RXO (RXO) Equal-Weight Recommendation

May 4, 2023 | barrons.com

Truckers’ Earnings Signal the Economy Could Be Close to Bottom

May 3, 2023 | bloomberg.com

The Fed, ETFs, Supply Chain, and Eli Lilly

May 3, 2023 | markets.businessinsider.com

RXO Adds 8% In Morning Trade As Earnings Beat The Street View

May 3, 2023 | sfgate.com

RXO: Q1 Earnings Snapshot

May 3, 2023 | bizjournals.com

RXO beats earnings expectations despite reporting no income in Q1

May 3, 2023 | seekingalpha.com

RXO Non-GAAP EPS of $0.11 beats by $0.04, revenue of $1.01B misses by $60M

May 3, 2023 | msn.com

Trucker RXO Posts Earnings Beat. It's a Sign Economy Could Be Close to Bottom.

May 3, 2023 | msn.com

RXO stock rides higher on stronger than earnings, market share gains

May 3, 2023 | finance.yahoo.com

RXO Reports Solid First-Quarter Performance Driven by Market Share Gains, Strong Profitability and Cash Flow

May 1, 2023 | americanbankingnews.com

RXO (RXO) Set to Announce Quarterly Earnings on Wednesday

April 22, 2023 | americanbankingnews.com

RXO (NYSE:RXO) Sees Large Volume Increase

April 21, 2023 | americanbankingnews.com

RXO, Inc. (NYSE:RXO) Receives Average Rating of "Hold" from Analysts

April 16, 2023 | americanbankingnews.com

Q3 2023 EPS Estimates for RXO, Inc. (NYSE:RXO) Cut by Jefferies Financial Group

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30 days | 90 days | 365 days | Advanced Chart

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RXO Company Calendar

Last Earnings: 5/03/2023
Today: 5/27/2023
Next Earnings (Estimated): 8/02/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Transportation services
Sub-Industry: N/A
Sector: Transportation
Current Symbol: NYSE:RXO
CUSIP: N/A
CIK: 1929561
Web: www.rxo.com
Phone: 980-308-6058
Fax: N/A
Employees: 8,590
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $22.00
High Stock Price Forecast: $27.00
Low Stock Price Forecast: $17.00
Forecasted Upside/Downside: +7.0%
Consensus Rating: Hold
Rating Score (0-4): 2.29
Research Coverage: 17 Analysts

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: 31.63
P/E Growth: 2.44
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: 0.77
Current Ratio: 1.25
Quick Ratio: 1.25

Sales & Book Value

Annual Sales: $4.49 billion
Price / Sales: 0.53
Cash Flow: $2.29 per share
Price / Cash Flow: 8.99
Book Value: $5.00 per share
Price / Book: 4.11

Miscellaneous

Outstanding Shares: 116,923,000
Free Float: 115,169,000
Market Cap: $2.40 billion
Optionable: Not Optionable
Beta: N/A

Key Executives

Mr. Drew M. Wilkerson
CEO & Director

Mr. Jared Ian Weisfeld
Chief Strategy Officer

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

RXO Stock - Frequently Asked Questions

Should I buy or sell RXO stock right now?: 17 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for RXO in the last twelve months. There are currently 12 hold ratings and 5 buy ratings for the stock. The consensus among Wall Street equities 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?: 17 brokerages have issued twelve-month price objectives for RXO's stock. Their RXO share price forecasts range from $17.00 to $27.00. On average, they expect the company's stock price to reach $22.00 in the next year. This suggests a possible upside of 7.0% 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 stock has increased by 19.5% and is now trading at $20.56.
View the best growth stocks for 2023 here.
When is RXO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 2nd 2023.
View our RXO earnings forecast.
How were RXO's earnings last quarter?: RXO, Inc. (NYSE:RXO) posted its quarterly earnings data on Wednesday, May, 3rd. The company reported $0.11 EPS for the quarter, beating analysts' consensus estimates of $0.06 by $0.05. The company had revenue of $1.01 billion for the quarter, compared to the consensus estimate of $1.07 billion. The company's revenue was down 22.9% compared to the same quarter last year.
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), SPDR S&P Transportation ETF (XTN), Invesco S&P SmallCap Industrials ETF (PSCI), Motley Fool Mid-Cap Growth ETF (TMFM), Invesco S&P SmallCap 600 Pure Value ETF (RZV), Vanguard S&P Small-Cap 600 Value ETF (VIOV), SPDR S&P 600 Small CapValue ETF (SLYV) and iShares S&P Small-Cap 600 Value ETF (IJS).

What is RXO's stock symbol?: RXO trades on the New York Stock Exchange (NYSE) under the ticker symbol "RXO."
Who are RXO's major shareholders?: RXO's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (13.63%), Orbis Allan Gray Ltd (13.06%), FMR LLC (8.94%), State Street Corp (3.34%), Dimensional Fund Advisors LP (1.76%) and Wellington Management Group LLP (1.75%).
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 $20.56.
How much money does RXO make?: RXO (NYSE:RXO) has a market capitalization of $2.40 billion and generates $4.49 billion in revenue each year.
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 5/27/2023 by MarketBeat.com Staff

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