Should I buy or sell RXO stock right now?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RXO in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" RXO shares. View RXO analyst ratings or view top-rated stocks .

What is RXO's stock price target for 2024?

11 Wall Street research analysts have issued 12 month target prices for RXO's stock. Their RXO share price targets range from $16.00 to $27.00. On average, they predict the company's share price to reach $20.23 in the next year. This suggests that the stock has a possible downside of 0.1%. View analysts price targets for RXO or view top-rated stocks among Wall Street analysts .

How have RXO shares performed in 2024?

RXO's stock was trading at $23.26 at the beginning of 2024. Since then, RXO shares have decreased by 13.0% and is now trading at $20.24. View the best growth stocks for 2024 here .

When is RXO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024. View our RXO earnings forecast .

How can I listen to RXO's earnings call?

RXO will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8692 with passcode "295742#".

How were RXO's earnings last quarter?

RXO, Inc. (NYSE:RXO) posted its quarterly earnings data on Thursday, February, 8th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.03. The company earned $978 million during the quarter, compared to analyst estimates of $996.33 million. RXO had a net margin of 0.10% and a trailing twelve-month return on equity of 6.11%. The firm's revenue for the quarter was down 12.7% on a year-over-year basis. During the same period last year, the firm posted $0.28 earnings per share.

What ETFs hold RXO's stock?

ETFs with the largest weight of RXO (NYSE:RXO) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS) , Motley Fool Small-Cap Growth ETF (TMFS) , Invesco S&P Spin-Off ETF (CSD) , Motley Fool Mid-Cap Growth ETF (TMFM) , SPDR S&P Transportation ETF (XTN) , Alger Weatherbie Enduring Growth ETF (AWEG) , Invesco S&P SmallCap Industrials ETF (PSCI) and ProShares Supply Chain Logistics ETF (SUPL) .

Who are RXO's major shareholders?

RXO's stock is owned by many different institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (2.26%) and City Holding Co. (0.00%). Insiders that own company stock include Christine S Breves , Mfn Partners, Lp and Thomas A Szlosek . 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 .

Lowest-Rated StocksLowest-Rated

NYSE:RXO

RXO (RXO) Stock Price, News & Analysis

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$20.24

-0.37 (-1.80%)

(As of 04/15/2024 ET)

Compare

Today's Range: $20.19
▼
$20.80
50-Day Range: $19.74
▼
$22.48
52-Week Range: $16.94
▼
$24.33

Volume: 477,415 shs
Average Volume: 631,222 shs
Market Capitalization: $2.38 billion

P/E Ratio: 506.13
Dividend Yield: N/A
Price Target: $20.23

Get RXO alerts:

RXO MarketRank™ Stock Analysis

Analyst Rating: Reduce
1.91 Rating Score
Upside/Downside: 0.1% Downside
$20.23 Price Target
Short Interest: Healthy
2.57% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.03
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$34.49 M Bought Last Quarter
Proj. Earnings Growth: 213.64%
From $0.22 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.

0.85 out of 5 stars

Transportation Sector

100th out of 111 stocks

Transportation Services Industry

14th out of 15 stocks

1.0

Analyst's Opinion

Consensus Rating
RXO has received a consensus rating of Reduce. The company's average rating score is 1.91, and is based on 2 buy ratings, 6 hold ratings, and 3 sell ratings.
Amount of Analyst Coverage
RXO has only been the subject of 4 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.57% 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 4.7.
Change versus previous month
Short interest in RXO has recently decreased by 3.59%, indicating that investor sentiment is improving.

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.

1.1

News and Social Media Coverage

News Sentiment
RXO has a news sentiment score of -0.03. 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 0.59 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for RXO this week, compared to 4 articles on an average week.
Search Interest
Only 1 people have searched for RXO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 1 people have added RXO to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, RXO insiders have bought more of their company's stock than they have sold. Specifically, they have bought $34,486,245.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 1.50% of the stock of RXO is held by insiders.
Percentage Held by Institutions
92.73% of the stock of RXO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for RXO are expected to grow by 213.64% in the coming year, from $0.22 to $0.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of RXO is 506.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 142.20.
Price to Earnings Ratio vs. Sector
The P/E ratio of RXO is 506.13, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 17.22.
Price to Earnings Growth Ratio
RXO has a PEG Ratio of 7.25. 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 3.98. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

RXO Stock News Headlines

April 14, 2024 | americanbankingnews.com

RXO (NYSE:RXO) Trading Down 6.2%

April 11, 2024 | msn.com

Folkestone business affected by landslip months on

April 16, 2024 | InvestorPlace (Ad)

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April 8, 2024 | bbc.co.uk

Man, 18, charged after three teens killed in crash

April 8, 2024 | finance.yahoo.com

RXO Expands Responsible Care® Certification

April 8, 2024 | businesswire.com

RXO Expands Responsible Care® Certification

April 5, 2024 | msn.com

Solar Eclipses To Be Made On Demand By New Spacecraft

April 3, 2024 | msn.com

Pirro leaves role as McLaren F1 academy chief

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April 3, 2024 | finance.yahoo.com

RXO (NYSE:RXO) Hasn't Managed To Accelerate Its Returns

April 2, 2024 | businesswire.com

RXO Schedules First-Quarter Earnings and Investor Conference Call for May 2, 2024

April 1, 2024 | markets.businessinsider.com

Maintaining Neutral: Balancing RXO, Inc.’s Market Position Strength with Industry Uncertainties

April 1, 2024 | markets.businessinsider.com

Barclays Sticks to Their Buy Rating for RXO, Inc. (RXO)

March 26, 2024 | finance.yahoo.com

RXO gets negative outlook from Moody’s but keeps investment-grade rating

March 24, 2024 | nasdaq.com

RXO Reaches Analyst Target Price

March 18, 2024 | msn.com

’90s alt- rockers to play famed Las Vegas theater

March 18, 2024 | finance.yahoo.com

RXO May 2024 22.500 put

March 16, 2024 | finance.yahoo.com

RXO Apr 2024 17.500 put

March 15, 2024 | bbc.co.uk

Johnson has 'already got great qualities'

March 13, 2024 | msn.com

South Africa's foreign minister says citizens fighting with Israeli forces in Gaza will be arrested

March 13, 2024 | bbc.co.uk

Residents asked not to disturb mural artist

March 8, 2024 | businesswire.com

Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award

March 6, 2024 | markets.businessinsider.com

Analysts Offer Insights on Industrial Goods Companies: American Airlines (AAL), Global Ship Lease (GSL) and RXO, Inc. (RXO)

February 18, 2024 | 247wallst.com

Insider Buying: Taking a Controlling Stake in a Struggling Retailer?

February 16, 2024 | bizjournals.com

RXO Inc. maps out road to greater efficiency using tech for truckers

February 14, 2024 | markets.businessinsider.com

Stifel Nicolaus Reaffirms Their Hold Rating on RXO, Inc. (RXO)

February 12, 2024 | finance.yahoo.com

RXO looked to be avoiding the worst of the freight market, but no more

See More Headlines

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Company Calendar

Last Earnings: 2/08/2024
Today: 4/16/2024
Next Earnings (Confirmed): 5/02/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Sector: Transportation
Industry: Transportation services
Sub-Industry: N/A
Current Symbol: NYSE:RXO
CUSIP: N/A
CIK: 1929561
Web: www.rxo.com
Phone: 980-308-6058
Fax: N/A
Employees: 8,432
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $20.23
High Stock Price Target: $27.00
Low Stock Price Target: $16.00
Potential Upside/Downside: -0.1%
Consensus Rating: Reduce
Rating Score (0-4): 1.91
Research Coverage: 11 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.04
Trailing P/E Ratio: 506.13
Forward P/E Ratio: 92.00
P/E Growth: 7.25
Net Income: $4 million
Net Margins: 0.10%
Pretax Margin: 0.10%
Return on Equity: 6.11%
Return on Assets: 1.87%

Debt

Debt-to-Equity Ratio: 0.60
Current Ratio: 1.17
Quick Ratio: 1.17

Sales & Book Value

Annual Sales: $3.93 billion
Price / Sales: 0.61
Cash Flow: $0.86 per share
Price / Cash Flow: 23.41
Book Value: $5.08 per share
Price / Book: 3.98

Miscellaneous

Outstanding Shares: 117,540,000
Free Float: 115,780,000
Market Cap: $2.38 billion
Optionable: Optionable
Beta: 1.08

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Key Executives

Mr. Drew M. Wilkerson (Age 40)
CEO & Director
Comp: $1.77M
Mr. James E. Harris (Age 62)
Chief Financial Officer
Comp: $1.19M
Mr. Jeff Firestone (Age 53)
Chief Legal Officer
Comp: $1.62M
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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

RXO Stock Analysis - Frequently Asked Questions

Should I buy or sell RXO stock right now?: 11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RXO in the last twelve months. There are currently 3 sell ratings, 6 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" RXO shares.
View RXO analyst ratings or view top-rated stocks.
What is RXO's stock price target for 2024?: 11 Wall Street research analysts have issued 12 month target prices for RXO's stock. Their RXO share price targets range from $16.00 to $27.00. On average, they predict the company's share price to reach $20.23 in the next year. This suggests that the stock has a possible downside of 0.1%.
View analysts price targets for RXO or view top-rated stocks among Wall Street analysts.
How have RXO shares performed in 2024?: RXO's stock was trading at $23.26 at the beginning of 2024. Since then, RXO shares have decreased by 13.0% and is now trading at $20.24.
View the best growth stocks for 2024 here.
When is RXO's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our RXO earnings forecast.
How can I listen to RXO's earnings call?: RXO will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8692 with passcode "295742#".

How were RXO's earnings last quarter?: RXO, Inc. (NYSE:RXO) posted its quarterly earnings data on Thursday, February, 8th. The company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.03. The company earned $978 million during the quarter, compared to analyst estimates of $996.33 million. RXO had a net margin of 0.10% and a trailing twelve-month return on equity of 6.11%. The firm's revenue for the quarter was down 12.7% on a year-over-year basis. During the same period last year, the firm posted $0.28 earnings per share.
What ETFs hold RXO's stock?: ETFs with the largest weight of RXO (NYSE:RXO) stock in their portfolio include MFAM Small-Cap Growth ETF (MFMS), Motley Fool Small-Cap Growth ETF (TMFS), Invesco S&P Spin-Off ETF (CSD), Motley Fool Mid-Cap Growth ETF (TMFM), SPDR S&P Transportation ETF (XTN), Alger Weatherbie Enduring Growth ETF (AWEG), Invesco S&P SmallCap Industrials ETF (PSCI) and ProShares Supply Chain Logistics ETF (SUPL).
Who are RXO's major shareholders?: RXO's stock is owned by many different institutional and retail investors. Top institutional investors include Douglas Lane & Associates LLC (2.26%) and City Holding Co. (0.00%). Insiders that own company stock include Christine S Breves, Mfn Partners, Lp and Thomas A Szlosek.
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 4/16/2024 by MarketBeat.com Staff

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