NYSE:RXO RXO (RXO) Stock Forecast, Price & News $20.56 -0.08 (-0.39%) (As of 05/26/2023 ET) Add Compare Share Share Today's Range$20.43▼$20.8150-Day Range$17.33▼$20.6452-Week Range$14.75▼$25.50Volume597,866 shsAverage Volume760,779 shsMarket Capitalization$2.40 billionP/E RatioN/ADividend YieldN/APrice Target$22.00 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media RXO MarketRank™ ForecastAnalyst RatingHold2.29 Rating ScoreUpside/Downside7.0% Upside$22.00 Price TargetShort InterestHealthy2.32% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.99Based on 9 Articles This WeekInsider TradingN/AProj. Earnings Growth49.23%From $0.65 to $0.97 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.1.90 out of 5 starsTransportation Sector94th out of 124 stocksTransportation Services Industry13th out of 17 stocks 2.1 Analyst's Opinion Consensus RatingRXO 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/DownsideAccording 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 CoverageRXO has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 3.0 Short Interest Percentage of Shares Shorted2.32% of the float of RXO has been sold short.Short Interest Ratio / Days to CoverRXO 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 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 3.9 News and Social Media Coverage News SentimentRXO 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 WeekMarketBeat has tracked 9 news articles for RXO this week, compared to 5 articles on an average week.Search Interest6 people have searched for RXO on MarketBeat in the last 30 days. MarketBeat Follows4 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. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RXO insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 1.50% of the stock of RXO is held by insiders.Percentage Held by InstitutionsOnly 9.85% of the stock of RXO is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings 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 RatioRXO has a PEG Ratio of 2.44. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRXO 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. Previous Next See Top Rated MarketRank™ Stocks Here About RXO (NYSE:RXO) StockRXO, 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.Read More 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 Stock News HeadlinesMay 25, 2023 | msn.comBarclays Initiates Coverage of RXO (RXO) with Overweight RecommendationMay 24, 2023 | americanbankingnews.comRXO (NYSE:RXO) Research Coverage Started at BarclaysMay 27, 2023 | Legacy Research (Affiliate) (Ad)Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New ForecastHe predicted the 2020 crash a month before it happened… He predicted this year’s collapse back in January…May 16, 2023 | americanbankingnews.comRXO, Inc. (NYSE:RXO) Receives Consensus Rating of "Hold" from BrokeragesMay 10, 2023 | finance.yahoo.comAI will allow employees to do more per day: RXO CEOMay 9, 2023 | msn.comRXO's Return On Capital Employed InsightsMay 7, 2023 | americanbankingnews.comRXO (NYSE:RXO) Earns Maintains Rating from 92 ResourcesMay 6, 2023 | americanbankingnews.comRXO (NYSE:RXO) Announces Quarterly Earnings Results, Beats Expectations By $0.05 EPSMay 27, 2023 | Legacy Research (Affiliate) (Ad)Market Wizard Who Accurately Predicted 2022 Market Collapse Has Shocking New ForecastHe predicted the 2020 crash a month before it happened… He predicted this year’s collapse back in January…May 6, 2023 | americanbankingnews.comHead to Head Review: RXO (NYSE:RXO) and Daseke (NASDAQ:DSKE)May 5, 2023 | americanbankingnews.comBooking (NASDAQ:BKNG) and RXO (NYSE:RXO) Head-To-Head AnalysisMay 5, 2023 | markets.businessinsider.comRXO, Inc. (RXO) Receives a Hold from Morgan StanleyMay 5, 2023 | americanbankingnews.comRXO (NYSE:RXO) Trading 8% Higher on Earnings BeatMay 4, 2023 | msn.comWells Fargo Maintains RXO (RXO) Equal-Weight RecommendationMay 4, 2023 | barrons.comTruckers’ Earnings Signal the Economy Could Be Close to BottomMay 3, 2023 | bloomberg.comThe Fed, ETFs, Supply Chain, and Eli LillyMay 3, 2023 | markets.businessinsider.comRXO Adds 8% In Morning Trade As Earnings Beat The Street ViewMay 3, 2023 | sfgate.comRXO: Q1 Earnings SnapshotMay 3, 2023 | bizjournals.comRXO beats earnings expectations despite reporting no income in Q1May 3, 2023 | seekingalpha.comRXO Non-GAAP EPS of $0.11 beats by $0.04, revenue of $1.01B misses by $60MMay 3, 2023 | msn.comTrucker RXO Posts Earnings Beat. It's a Sign Economy Could Be Close to Bottom.May 3, 2023 | msn.comRXO stock rides higher on stronger than earnings, market share gainsMay 3, 2023 | finance.yahoo.comRXO Reports Solid First-Quarter Performance Driven by Market Share Gains, Strong Profitability and Cash FlowMay 1, 2023 | americanbankingnews.comRXO (RXO) Set to Announce Quarterly Earnings on WednesdayApril 22, 2023 | americanbankingnews.comRXO (NYSE:RXO) Sees Large Volume IncreaseApril 21, 2023 | americanbankingnews.comRXO, Inc. (NYSE:RXO) Receives Average Rating of "Hold" from AnalystsApril 16, 2023 | americanbankingnews.comQ3 2023 EPS Estimates for RXO, Inc. (NYSE:RXO) Cut by Jefferies Financial GroupSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings5/03/2023Today5/27/2023Next Earnings (Estimated)8/02/2023Fiscal 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$22.00 High Stock Price Forecast$27.00 Low Stock Price Forecast$17.00 Forecasted Upside/Downside+7.0%Consensus RatingHold Rating Score (0-4)2.29 Research Coverage17 Analysts Profitability EPS (Most Recent Fiscal Year)N/A Trailing P/E RatioN/A Forward P/E Ratio31.63 P/E Growth2.44Net IncomeN/A Net MarginsN/A Pretax MarginN/A Return on EquityN/A Return on AssetsN/A Debt Debt-to-Equity Ratio0.77 Current Ratio1.25 Quick Ratio1.25 Sales & Book Value Annual Sales$4.49 billion Price / Sales0.53 Cash Flow$2.29 per share Price / Cash Flow8.99 Book Value$5.00 per share Price / Book4.11Miscellaneous Outstanding Shares116,923,000Free Float115,169,000Market Cap$2.40 billion OptionableNot Optionable BetaN/A Key ExecutivesMr. Drew M. WilkersonCEO & DirectorMr. Jared Ian WeisfeldChief Strategy OfficerKey CompetitorsGlobal Business Travel GroupNYSE:GBTGGATXNYSE:GATXXPONYSE:XPOGolar LNGNASDAQ:GLNGHub GroupNASDAQ:HUBGView All CompetitorsInstitutional OwnershipAmeriprise Financial Inc.Bought 280,207 shares on 5/22/2023Ownership: 0.380%New York State Common Retirement FundBought 7,509 shares on 5/18/2023Ownership: 0.092%JPMorgan Chase & Co.Sold 42,902 shares on 5/18/2023Ownership: 0.077%Thrivent Financial for LutheransBought 84,692 shares on 5/17/2023Ownership: 0.103%Belpointe Asset Management LLCSold 2,101 shares on 5/16/2023Ownership: 0.003%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 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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