GXO Logistics, Inc. (NYSE:GXO) Receives Average Recommendation of “Moderate Buy” from Analysts

GXO Logistics, Inc. (NYSE:GXO) has been assigned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and eleven have given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $62.6154.

A number of research firms recently weighed in on GXO. Deutsche Bank Aktiengesellschaft raised shares of GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 target price on the stock in a research note on Thursday, November 6th. Truist Financial set a $65.00 price objective on GXO Logistics in a research note on Tuesday, October 14th. UBS Group increased their target price on GXO Logistics from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Friday, October 3rd. Wells Fargo & Company boosted their price target on GXO Logistics from $60.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of GXO Logistics in a research report on Monday, December 22nd.

Insider Activity

In other news, Director Todd C. Cooper purchased 6,000 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The stock was purchased at an average cost of $50.59 per share, with a total value of $303,540.00. Following the acquisition, the director directly owned 10,040 shares of the company’s stock, valued at approximately $507,923.60. This trade represents a 148.51% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 2.30% of the stock is owned by company insiders.

Institutional Trading of GXO Logistics

Hedge funds have recently modified their holdings of the company. Allworth Financial LP raised its stake in shares of GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after acquiring an additional 329 shares during the last quarter. Accredited Wealth Management LLC raised its position in GXO Logistics by 1,100.0% in the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after purchasing an additional 550 shares during the last quarter. Chapman Financial Group LLC acquired a new position in GXO Logistics in the second quarter worth $34,000. Northwestern Mutual Wealth Management Co. boosted its stake in GXO Logistics by 72.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 945 shares of the company’s stock worth $37,000 after purchasing an additional 396 shares in the last quarter. Finally, Farther Finance Advisors LLC grew its holdings in shares of GXO Logistics by 177.9% during the third quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock worth $41,000 after purchasing an additional 491 shares during the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Stock Performance

Shares of NYSE GXO opened at $53.79 on Monday. The firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 70.78, a PEG ratio of 2.21 and a beta of 1.65. GXO Logistics has a one year low of $30.46 and a one year high of $57.99. The business has a fifty day simple moving average of $52.17 and a 200 day simple moving average of $51.42. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.01. The company had revenue of $3.40 billion during the quarter, compared to analysts’ expectations of $3.39 billion. GXO Logistics had a net margin of 0.69% and a return on equity of 10.45%. The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.79 EPS. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. Sell-side analysts expect that GXO Logistics will post 2.49 EPS for the current year.

GXO Logistics Company Profile

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.