GXO Logistics (NYSE:GXO) Announces Earnings Results

GXO Logistics (NYSE:GXOGet Free Report) announced its earnings results on Tuesday. The company reported $0.59 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01, FiscalAI reports. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The firm had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.46 billion. GXO Logistics updated its FY 2026 guidance to 2.950-3.150 EPS.

GXO Logistics Price Performance

Shares of GXO Logistics stock traded up $1.65 on Tuesday, reaching $52.27. 2,267,144 shares of the stock were exchanged, compared to its average volume of 1,352,892. The firm’s 50 day moving average is $50.69 and its 200-day moving average is $54.01. GXO Logistics has a one year low of $45.40 and a one year high of $66.85. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.85 and a current ratio of 0.85. The firm has a market cap of $6.01 billion, a PE ratio of 45.85, a P/E/G ratio of 1.66 and a beta of 1.55.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GXO. Citizens Jmp initiated coverage on shares of GXO Logistics in a research report on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 price target for the company. Truist Financial reduced their price target on GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Stephens assumed coverage on GXO Logistics in a research note on Wednesday, July 8th. They set an “overweight” rating and a $75.00 price objective on the stock. Citigroup began coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market outperform” rating for the company. Finally, Weiss Ratings raised GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a report on Tuesday, July 28th. Twelve investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $66.71.

Check Out Our Latest Research Report on GXO

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. Orbis Allan Gray Ltd increased its position in GXO Logistics by 0.3% during the 4th quarter. Orbis Allan Gray Ltd now owns 13,424,844 shares of the company’s stock worth $706,684,000 after purchasing an additional 37,035 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of GXO Logistics by 6.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,495,476 shares of the company’s stock valued at $236,646,000 after acquiring an additional 289,142 shares in the last quarter. Alliancebernstein L.P. raised its holdings in shares of GXO Logistics by 9.0% during the second quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock valued at $133,287,000 after purchasing an additional 225,603 shares during the period. Parsifal Capital Management LP grew its stake in GXO Logistics by 77.5% in the third quarter. Parsifal Capital Management LP now owns 1,482,957 shares of the company’s stock valued at $78,434,000 after acquiring an additional 647,457 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in GXO Logistics by 1.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,221,820 shares of the company’s stock valued at $64,317,000 after acquiring an additional 13,831 shares during the period. 90.67% of the stock is owned by institutional investors.

GXO Logistics Company Profile

(Get Free Report)

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.

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Earnings History for GXO Logistics (NYSE:GXO)

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