GXO Logistics (NYSE:GXO) Stock Rating Upgraded by Wall Street Zen

GXO Logistics (NYSE:GXO) was upgraded by Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

GXO has been the topic of a number of other reports. Truist Financial boosted their price target on shares of GXO Logistics from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Citigroup boosted their price target on shares of GXO Logistics from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Weiss Ratings upgraded shares of GXO Logistics from a “sell (d)” rating to a “hold (c-)” rating in a research report on Monday, May 18th. Oppenheimer reaffirmed an “outperform” rating and issued a $70.00 price objective on shares of GXO Logistics in a research note on Thursday, February 12th. Finally, Barclays raised shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $58.00 to $65.00 in a research note on Wednesday. Eleven investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, GXO Logistics currently has an average rating of “Moderate Buy” and an average price target of $69.92.

GXO Logistics Stock Down 1.3%

GXO stock opened at $50.09 on Friday. GXO Logistics has a 52 week low of $39.92 and a 52 week high of $66.85. The company has a market capitalization of $5.76 billion, a price-to-earnings ratio of 43.94, a price-to-earnings-growth ratio of 1.66 and a beta of 1.62. The firm’s 50-day moving average is $52.50 and its two-hundred day moving average is $54.50. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88.

GXO Logistics (NYSE:GXO) last released its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, topping 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 company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same period in the previous year, the firm earned $0.29 EPS. GXO Logistics’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. On average, analysts forecast that GXO Logistics will post 3.06 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the company. Ashton Thomas Private Wealth LLC increased its position in shares of GXO Logistics by 1.8% in the third quarter. Ashton Thomas Private Wealth LLC now owns 11,319 shares of the company’s stock worth $599,000 after acquiring an additional 202 shares in the last quarter. GAMMA Investing LLC increased its position in shares of GXO Logistics by 14.3% in the fourth quarter. GAMMA Investing LLC now owns 1,634 shares of the company’s stock worth $86,000 after acquiring an additional 205 shares in the last quarter. Fifth Third Bancorp increased its position in shares of GXO Logistics by 22.0% in the third quarter. Fifth Third Bancorp now owns 1,213 shares of the company’s stock worth $64,000 after acquiring an additional 219 shares in the last quarter. First Bank & Trust increased its position in shares of GXO Logistics by 4.0% in the fourth quarter. First Bank & Trust now owns 5,696 shares of the company’s stock worth $300,000 after acquiring an additional 219 shares in the last quarter. Finally, UMB Bank n.a. increased its position in shares of GXO Logistics by 15.2% in the fourth quarter. UMB Bank n.a. now owns 1,674 shares of the company’s stock worth $88,000 after acquiring an additional 221 shares in the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

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.