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RXO (RXO) Stock Price, News & Analysis

$31.16
+0.71 (+2.33%)
(As of 07/26/2024 ET)
Today's Range
$30.66
$31.62
50-Day Range
$19.59
$31.16
52-Week Range
$16.94
$31.62
Volume
1.00 million shs
Average Volume
700,098 shs
Market Capitalization
$3.66 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$22.00

RXO MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
29.4% Downside
$22.00 Price Target
Short Interest
Healthy
3.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of RXO in the last 14 days
Based on 9 Articles This Week
Insider Trading
Acquiring Shares
$2.12 M Bought Last Quarter
Proj. Earnings Growth
305.88%
From $0.17 to $0.69 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.

2.85 out of 5 stars

Transportation Sector

81st out of 120 stocks

Transportation Services Industry

9th out of 17 stocks

RXO stock logo

About RXO Stock (NYSE:RXO)

RXO, Inc. provides full truckload freight transportation brokering services. It also offers brokered services for managed transportation, last mile, and freight forwarding. The company was incorporated in 2022 and is based in Charlotte, North Carolina.

RXO Stock Price History

RXO Stock News Headlines

large warehouse and goods
Real Estate Stock Signals a Boom in Manufacturing Activity (RXO)
Now that Prologis stock has reported its newest quarterly earnings, investors have a unique insight into the industrial sector within the U.S.
The Elon Factor: Is It Enough to Keep Tesla Stock Moving Higher?
The Elon Factor: Is It Enough to Keep Tesla Stock Moving Higher? (RXO)
Tesla shares may be too high today, after the stock rallied on the influence of Rivian's rally. Fundamentals do not back today's valuation
Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
semi truck and shipping boxes
RXO Shares Surge Following New Acquisition Deal
Shares of RXO Inc. NYSE: RXO are up more than 20% on the week, something investors probably didn't see coming out of the ‘boring' transportation sector. This sector is notorious for having a low beta, English for low volatility.
semi truck and shipping boxes
RXO Shares Surge Following New Acquisition Deal (RXO)
RXO stock is looking to double its reach in the transportation sector, after the company announced a new acquisition that will double and triple its drivers
Benchmark Co. Reaffirms Their Hold Rating on Old Dominion Freight (ODFL)
Why UPS Stock Is Failing to Deliver Today
Kiss of death from Joe Biden
I did not consent. You did not consent. It’s in direct violation of the U.S. Constitution but they do not care.
RXO (NYSE:RXO) PT Raised to $30.00 at Barclays
Why RXO Stock Is in the Fast Lane Today
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
7/27/2024
Next Earnings (Confirmed)
8/07/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Fax
N/A
Employees
8,432
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$22.00
High Stock Price Target
$30.00
Low Stock Price Target
$16.00
Potential Upside/Downside
-29.4%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
12 Analysts

Profitability

Net Income
$4 million
Pretax Margin
-0.37%

Debt

Sales & Book Value

Annual Sales
$3.83 billion
Cash Flow
$0.94 per share
Book Value
$5.08 per share

Miscellaneous

Free Float
115,432,000
Market Cap
$3.66 billion
Optionable
Optionable
Beta
1.41
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Key Executives

  • Mr. Drew M. Wilkerson (Age 40)
    CEO & Director
    Comp: $665.18k
  • Mr. James E. Harris (Age 62)
    Chief Financial Officer
    Comp: $602.52k
  • Mr. Jeff Firestone (Age 53)
    Chief Legal Officer
    Comp: $526.33k
  • Mr. Jason S. Kerr (Age 47)
    Chief Accounting Officer
  • Mr. Yoav Amiel
    Chief Information Officer
  • Ms. Nina Reinhardt
    Chief Communications Officer
  • Mr. Lyndon Cron
    Senior Vice President of Sales
  • Mr. Jared Ian Weisfeld
    Chief Strategy Officer
  • Mr. Louis J. Amo
    President of Truck Brokerage
  • Mr. Demetri Venetis
    President of Freight Forwarding

RXO Stock Analysis - Frequently Asked Questions

How have RXO shares performed this year?

RXO's stock was trading at $23.26 at the start of the year. Since then, RXO shares have increased by 34.0% and is now trading at $31.16.
View the best growth stocks for 2024 here
.

How were RXO's earnings last quarter?

RXO, Inc. (NYSE:RXO) issued its quarterly earnings data on Thursday, May, 2nd. The company reported ($0.03) earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.01. The company's revenue for the quarter was down 9.6% on a year-over-year basis.

Who are RXO's major shareholders?

Top institutional shareholders of RXO include Swedbank AB (2.79%), Douglas Lane & Associates LLC (2.30%), Vaughan Nelson Investment Management L.P. (1.39%) and Bank of New York Mellon Corp (0.74%). Insiders that own company stock include Mfn Partners, Lp, Thomas A Szlosek and Christine S Breves.
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RXO) was last updated on 7/27/2024 by MarketBeat.com Staff

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