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

Shares of GXO Logistics, Inc. (NYSE:GXO) have received an average rating of “Moderate Buy” from the fourteen analysts that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is $64.3846.

Several brokerages have issued reports on GXO. Wells Fargo & Company boosted their target price on GXO Logistics from $60.00 to $65.00 and gave the company an “overweight” rating in a research note on Monday, October 6th. UBS Group boosted their price objective on GXO Logistics from $58.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Morgan Stanley increased their target price on shares of GXO Logistics from $58.00 to $70.00 and gave the stock an “overweight” rating in a research report on Monday, December 8th. Weiss Ratings upgraded shares of GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 price target on the stock in a research note on Thursday, November 6th.

Insider Activity

In related news, Director Todd C. Cooper purchased 6,000 shares of the business’s stock in a transaction dated 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 completion of the acquisition, the director directly owned 10,040 shares of the company’s stock, valued at approximately $507,923.60. The trade was a 148.51% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. 2.30% of the stock is currently owned by corporate insiders.

Institutional Trading of GXO Logistics

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Citizens Financial Group Inc. RI purchased a new position in GXO Logistics during the third quarter worth about $795,000. William Blair Investment Management LLC boosted its position in shares of GXO Logistics by 52.3% during the 2nd quarter. William Blair Investment Management LLC now owns 530,999 shares of the company’s stock valued at $25,860,000 after acquiring an additional 182,338 shares during the last quarter. US Bancorp DE boosted its position in shares of GXO Logistics by 3.4% during the 2nd quarter. US Bancorp DE now owns 14,319 shares of the company’s stock valued at $697,000 after acquiring an additional 471 shares during the last quarter. GAMMA Investing LLC increased its position in shares of GXO Logistics by 34.0% in the second quarter. GAMMA Investing LLC now owns 1,115 shares of the company’s stock worth $54,000 after purchasing an additional 283 shares during the last quarter. Finally, Stephens Inc. AR bought a new position in shares of GXO Logistics in the second quarter worth approximately $233,000. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Stock Up 1.4%

GXO opened at $57.62 on Friday. GXO Logistics has a twelve month low of $30.46 and a twelve month high of $58.11. The company’s 50-day moving average price is $52.99 and its two-hundred day moving average price is $52.49. The stock has a market cap of $6.60 billion, a price-to-earnings ratio of 75.82, a PEG ratio of 1.86 and a beta of 1.64. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.73.

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