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RXO (RXO) Stock Price, News & Analysis

$19.88
-0.45 (-2.21%)
(As of 05/28/2024 ET)
Today's Range
$19.83
$20.49
50-Day Range
$18.91
$22.33
52-Week Range
$16.94
$24.33
Volume
388,590 shs
Average Volume
624,471 shs
Market Capitalization
$2.34 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$19.90

RXO MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
0.1% Upside
$19.90 Price Target
Short Interest
Bearish
3.97% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.23mentions of RXO in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$22.10 M Bought Last Quarter
Proj. Earnings Growth
252.63%
From $0.19 to $0.67 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.

1.84 out of 5 stars

Transportation Sector

88th out of 116 stocks

Transportation Services Industry

12th out of 15 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

Brokerages Set RXO, Inc. (NYSE:RXO) PT at $19.90
Q1 2024 RXO Inc Earnings Call
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Today
5/28/2024
Next Earnings (Estimated)
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
$19.90
High Stock Price Target
$23.00
Low Stock Price Target
$16.00
Potential Upside/Downside
-0.6%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
12 Analysts

Profitability

Net Income
$4 million
Pretax Margin
-0.37%

Debt

Sales & Book Value

Annual Sales
$3.93 billion
Cash Flow
$0.87 per share
Book Value
$5.08 per share

Miscellaneous

Free Float
115,432,000
Market Cap
$2.35 billion
Optionable
Optionable
Beta
1.24
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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

Should I buy or sell RXO stock right now?

12 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for RXO in the last twelve months. There are currently 3 sell ratings, 8 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research 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?

12 brokerages have issued 12-month price objectives for RXO's stock. Their RXO share price targets range from $16.00 to $23.00. On average, they predict the company's stock price to reach $19.90 in the next twelve months. This suggests a possible upside of 0.1% 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 2024?

RXO's stock was trading at $23.26 on January 1st, 2024. Since then, RXO stock has decreased by 14.5% and is now trading at $19.88.
View the best growth stocks for 2024 here
.

Are investors shorting RXO?

RXO saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 4,440,000 shares, an increase of 41.0% from the April 15th total of 3,150,000 shares. Based on an average daily trading volume, of 696,500 shares, the short-interest ratio is currently 6.4 days. Approximately 3.9% of the company's shares 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, August 7th 2024.
View our RXO earnings forecast
.

How were RXO's earnings last quarter?

RXO, Inc. (NYSE:RXO) released its earnings results on Thursday, May, 2nd. The company reported ($0.03) earnings per share for the quarter, beating the consensus estimate of ($0.04) by $0.01. The company had revenue of $913 million for the quarter, compared to the consensus estimate of $929.50 million. RXO had a negative net margin of 0.29% and a positive trailing twelve-month return on equity of 3.23%. The business's revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.11 EPS.

Who are RXO's major shareholders?

RXO's stock is owned by a number of institutional and retail investors. Top institutional shareholders include MFN Partners Management LP (13.26%), Vanguard Group Inc. (11.31%), Swedbank AB (2.99%), Douglas Lane & Associates LLC (2.26%), Hood River Capital Management LLC (1.52%) and Motley Fool Asset Management LLC (1.35%). 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 5/28/2024 by MarketBeat.com Staff

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