GXO Logistics (NYSE:GXO) Now Covered by Analysts at Citizens Jmp

Citizens Jmp began coverage on shares of GXO Logistics (NYSE:GXO) in a report issued on Wednesday morning, MarketBeat reports. The firm issued a market perform rating and a $80.00 target price on the stock.

Other equities analysts also recently issued reports about the stock. Citigroup initiated coverage on shares of GXO Logistics in a research note on Wednesday. They set a “market outperform” rating on the stock. Stephens started coverage on GXO Logistics in a report on Wednesday, July 8th. They set an “overweight” rating and a $75.00 target price for the company. Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and increased their target price for the company from $58.00 to $65.00 in a research report on Wednesday, May 27th. Truist Financial reduced their price target on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus decreased their price objective on GXO Logistics from $71.00 to $70.00 and set a “buy” rating for the company in a research note on Wednesday. Twelve research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, GXO Logistics currently has a consensus rating of “Moderate Buy” and an average price target of $70.07.

GXO Logistics Stock Performance

GXO stock opened at $52.26 on Wednesday. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. The business’s fifty day simple moving average is $49.70 and its two-hundred day simple moving average is $54.22. GXO Logistics has a twelve month low of $45.40 and a twelve month high of $66.85. The firm has a market cap of $6.01 billion, a price-to-earnings ratio of 45.84, a PEG ratio of 1.64 and a beta of 1.55.

GXO Logistics (NYSE:GXO) last issued its earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.22 billion. During the same period in the previous year, the firm earned $0.29 earnings per share. The business’s revenue was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Analysts predict that GXO Logistics will post 3.07 earnings per share for the current year.

Institutional Trading of GXO Logistics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP boosted its holdings in shares of GXO Logistics by 175.0% in the 3rd 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. Chapman Financial Group LLC purchased a new position in shares of GXO Logistics during the second quarter worth $34,000. Farther Finance Advisors LLC lifted its position in GXO Logistics by 85.1% during the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock valued at $75,000 after purchasing an additional 653 shares during the period. Geneos Wealth Management Inc. lifted its position in GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock valued at $78,000 after purchasing an additional 1,958 shares during the period. Finally, Danske Bank A S purchased a new stake in GXO Logistics in the third quarter valued at $79,000. Institutional investors and hedge funds own 90.67% of the company’s stock.

About GXO Logistics

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.