NYSE:RXO RXO (RXO) Stock Price, News & Analysis → Top 5 AI Stocks to Buy for 2024 (From Market Moving Trends) (Ad) Free RXO Stock Alerts $20.47 -0.01 (-0.05%) (As of 06/7/2024 ET) Add Compare Share Share Today's Range$20.18▼$20.8950-Day Range$18.91▼$22.3352-Week Range$16.94▼$24.33Volume398,908 shsAverage Volume386,890 shsMarket Capitalization$2.41 billionP/E RatioN/ADividend YieldN/APrice Target$19.90 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get RXO alerts: Email Address RXO MarketRank™ Stock AnalysisAnalyst RatingReduce1.83 Rating ScoreUpside/Downside2.8% Downside$19.90 Price TargetShort InterestBearish3.97% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.11Based on 5 Articles This WeekInsider TradingAcquiring Shares$22.10 M Bought Last QuarterProj. Earnings Growth276.47%From $0.17 to $0.64 Per ShareSee Full Details Hide Full Details 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.2.12 out of 5 starsTransportation Sector82nd out of 109 stocksTransportation Services Industry10th out of 15 stocks 1.9 Analyst's Opinion Consensus RatingRXO has received a consensus rating of Reduce. The company's average rating score is 1.83, and is based on 1 buy rating, 8 hold ratings, and 3 sell ratings.Amount of Analyst CoverageRXO has been the subject of 5 research reports in the past 90 days, demonstrating strong analyst interest in this stock.Read more about RXO's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.97% of the float of RXO has been sold short.Short Interest Ratio / Days to CoverRXO has a short interest ratio ("days to cover") of 7.9.Change versus previous monthShort interest in RXO has recently increased by 2.93%, indicating that investor sentiment is decreasing. 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 1.11. 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 0.81 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for RXO this week, compared to 4 articles on an average week.Search Interest3 people have searched for RXO on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat Follows2 people have added RXO to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, RXO insiders have bought more of their company's stock than they have sold. Specifically, they have bought $22,099,090.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 1.80% of the stock of RXO is held by insiders.Percentage Held by Institutions92.73% of the stock of RXO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about RXO's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for RXO are expected to grow by 276.47% in the coming year, from $0.17 to $0.64 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of RXO is -227.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of RXO is -227.44, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Growth RatioRXO has a PEG Ratio of 7.82. PEG Ratios above 1 indicate that a company could be overvalued.Price to Book Value per Share RatioRXO has a P/B Ratio of 4.03. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about RXO's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Traders AgencyHurry! Buy this stock before the Robinhood traders do!Robinhood traders have piled $78 billion into this market... Driving tiny tech stock gains of 3,000%, 8,942%, and 12,592% in 2020. Now their next one could be here.Click here to pay just $5 for a full year of Stealth Trades 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.Read More RXO Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart RXO Stock News HeadlinesJune 7 at 9:34 AM | marketbeat.comTop 4 Stocks With Notable Insider BuyingInsider buying, where company executives or board members purchase shares of their own company, can be a significant indicator for investors. It often suggests that those closest to the company's operations have confidence in its future performance.June 7 at 9:33 AM | marketbeat.comTop 4 Stocks With Notable Insider Buying (RXO)Insider buying might signal confidence and a bullish outlook for investors. Four stocks with heavy insider buying include DLTR, TALO, STAA, and RXO.June 5, 2024 | businesswire.comRXO Wins Merit Award in HRMay 31, 2024 | businesswire.comRXO Announces Participation in Wells Fargo Industrials ConferenceMay 29, 2024 | msn.comHibernian receive offer for forward YouanMay 21, 2024 | seekingalpha.comRXO, Inc.: Upgrade To Buy On Positive Volume And Pricing OutlookMay 16, 2024 | benzinga.comRXO Stock (NYSE:RXO), Analyst Ratings, Price Targets, PredictionsMay 12, 2024 | finance.yahoo.comRXO First Quarter 2024 Earnings: Misses ExpectationsMay 4, 2024 | finance.yahoo.comRXO, Inc. (NYSE:RXO) Q1 2024 Earnings Call TranscriptMay 3, 2024 | msn.comRXO Non-GAAP EPS of $0.03 beats by $0.06, revenue of $913M misses by $34.96MMay 3, 2024 | markets.businessinsider.comMaintaining Hold on RXO, Inc.: Balancing Resilience and Financial Flexibility Against Earnings ConcernsMay 3, 2024 | finance.yahoo.comRXO Inc (RXO) Q1 2024 Earnings Call Transcript Highlights: Navigating Market Challenges with ...May 3, 2024 | uk.finance.yahoo.comQ1 2024 RXO Inc Earnings CallMay 2, 2024 | finance.yahoo.comRXO, still suffering from weak market, touts Q1 volume growthMay 2, 2024 | investorplace.comRXO Stock Earnings: RXO Beats EPS, Misses Revenue for Q1 2024May 2, 2024 | msn.comCorporate insiders are on a buyers’ strike — signaling more downward pressure on stocksMay 2, 2024 | finance.yahoo.comRXO Inc (RXO) Reports Q1 2024 Earnings: Misses Analyst Revenue and EPS ProjectionsMay 2, 2024 | finance.yahoo.comRXO Announces First-Quarter Results, Including Double-Digit Brokerage Volume Growth for Fourth-Consecutive QuarterMay 2, 2024 | seekingalpha.comRXO, Inc. 2024 Q1 - Results - Earnings Call PresentationMay 1, 2024 | msn.comGoalkeeping coach Achterberg to leave LiverpoolMay 1, 2024 | bbc.co.ukWhy can't I vote online in UK elections?May 1, 2024 | businesswire.comRXO Announces Participation at Oppenheimer 19th Annual Industrial Growth ConferenceApril 30, 2024 | finance.yahoo.comDigital Freight Matching Market to exceed $101 Bn by 2032, Says Global Market Insights Inc.April 28, 2024 | 247wallst.comThese Biotechs and IPOs Inspire Big Insider BuyingApril 27, 2024 | msn.comSt Mirren: Robinson's men can still catch Kilmarnock, says FraserSee More Headlines 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 Company Calendar Last Earnings5/02/2024Today6/09/2024Next Earnings (Estimated)8/07/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Transportation services Sub-IndustryN/A Current SymbolNYSE:RXO CUSIPN/A CIK1929561 Webwww.rxo.com Phone980-308-6058FaxN/AEmployees8,432Year FoundedN/APrice Target and Rating Average Stock Price Target$19.90 High Stock Price Target$23.00 Low Stock Price Target$16.00 Potential Upside/Downside-2.8%Consensus RatingReduce Rating Score (0-4)1.83 Research Coverage12 Analysts Profitability EPS (Most Recent Fiscal Year)($0.09) Trailing P/E RatioN/A Forward P/E Ratio120.41 P/E Growth7.82Net Income$4 million Net Margins-0.29% Pretax Margin-0.37% Return on Equity3.23% Return on Assets1.02% Debt Debt-to-Equity Ratio0.60 Current Ratio1.14 Quick Ratio1.14 Sales & Book Value Annual Sales$3.93 billion Price / Sales0.61 Cash Flow$0.88 per share Price / Cash Flow23.25 Book Value$5.08 per share Price / Book4.03Miscellaneous Outstanding Shares117,550,000Free Float115,432,000Market Cap$2.41 billion OptionableOptionable Beta1.27 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Drew M. Wilkerson (Age 40)CEO & Director Comp: $665.18kMr. James E. Harris (Age 62)Chief Financial Officer Comp: $602.52kMr. Jeff Firestone (Age 53)Chief Legal Officer Comp: $526.33kMr. Jason S. Kerr (Age 47)Chief Accounting Officer Mr. Yoav AmielChief Information OfficerMs. Nina ReinhardtChief Communications OfficerMr. Lyndon CronSenior Vice President of SalesMr. Jared Ian WeisfeldChief Strategy OfficerMr. Louis J. AmoPresident of Truck BrokerageMr. Demetri VenetisPresident of Freight ForwardingMore ExecutivesKey CompetitorsMakeMyTripNASDAQ:MMYTGXO LogisticsNYSE:GXOGATXNYSE:GATXVerra MobilityNASDAQ:VRRMHafniaNYSE:HAFNView All CompetitorsInsiders & InstitutionsSG Capital Management LLCBought 124,525 shares on 6/7/2024Ownership: 0.182%Boston PartnersBought 25,519 shares on 5/28/2024Ownership: 0.036%Swedbank ABBought 3,520,000 shares on 5/21/2024Ownership: 2.994%Motley Fool Asset Management LLCSold 8,214 shares on 5/17/2024Ownership: 0.340%Comerica BankBought 116,974 shares on 5/17/2024Ownership: 0.145%View All Insider TransactionsView All Institutional Transactions RXO Stock Analysis - Frequently Asked Questions Should I buy or sell RXO stock right now? 12 Wall Street 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 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 equities research analysts have issued twelve-month price objectives for RXO's stock. Their RXO share price targets range from $16.00 to $23.00. On average, they expect the company's stock price to reach $19.90 in the next twelve months. This suggests that the stock has a possible downside of 2.8%. 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 start of the year. Since then, RXO stock has decreased by 12.0% and is now trading at $20.47. View the best growth stocks for 2024 here. Are investors shorting RXO? RXO saw a increase in short interest in 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 trading volume of 696,500 shares, the days-to-cover ratio is presently 6.4 days. Approximately 3.9% of the shares of the stock 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) posted its quarterly earnings data on Thursday, May, 2nd. The company reported ($0.03) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.04) by $0.01. The business earned $913 million during the quarter, compared to analysts' expectations of $929.50 million. RXO had a positive trailing twelve-month return on equity of 3.23% and a negative net margin of 0.29%. The firm's revenue was down 9.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.11 EPS. What ETFs hold RXO's stock? ETFs with the largest weight of RXO (NYSE:RXO) stock in their portfolio include Motley Fool Small-Cap Growth ETF (TMFS), MFAM Small-Cap Growth ETF (MFMS), Motley Fool Mid-Cap Growth ETF (TMFM), Invesco S&P Spin-Off ETF (CSD), Alger Weatherbie Enduring Growth ETF (AWEG), SPDR S&P Transportation ETF (XTN), 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 a number of institutional and retail investors. Top institutional investors 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. 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