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

GXO Logistics, Inc. (NYSE:GXO) has earned a consensus rating of “Moderate Buy” from the fifteen ratings firms that are presently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and twelve have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $63.79.

GXO has been the subject of a number of research reports. Truist Financial lowered their target price on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a research note on Wednesday, July 15th. Citigroup began coverage on GXO Logistics in a research report on Wednesday, July 15th. They issued a “market outperform” rating on the stock. Oppenheimer set a $61.00 target price on GXO Logistics in a research note on Thursday, August 6th. Wells Fargo & Company started coverage on GXO Logistics in a report on Tuesday, July 28th. They set an “overweight” rating and a $18.00 price objective for the company. Finally, UBS Group reduced their target price on shares of GXO Logistics from $74.00 to $64.00 and set a “buy” rating on the stock in a research note on Thursday, August 6th.

GXO Logistics Stock Performance

NYSE:GXO opened at $46.53 on Wednesday. The company has a current ratio of 0.79, a quick ratio of 0.79 and a debt-to-equity ratio of 0.81. The firm’s fifty day simple moving average is $47.31 and its 200 day simple moving average is $50.17. The firm has a market capitalization of $5.34 billion, a PE ratio of 41.18, a PEG ratio of 1.45 and a beta of 1.57. GXO Logistics has a 1 year low of $43.61 and a 1 year high of $66.85.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings results on Tuesday, August 4th. The company reported $0.59 EPS for the quarter, topping the consensus estimate of $0.58 by $0.01. The company had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%.The company’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.57 EPS. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, sell-side analysts anticipate that GXO Logistics will post 3.06 EPS for the current year.

Institutional Trading of GXO Logistics

Several institutional investors and hedge funds have recently made changes to their positions in GXO. Renaissance Technologies LLC bought a new position in GXO Logistics during the first quarter worth about $2,919,000. Edgestream Partners L.P. lifted its position in shares of GXO Logistics by 1,344.4% in the first quarter. Edgestream Partners L.P. now owns 108,601 shares of the company’s stock worth $5,631,000 after purchasing an additional 101,082 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in GXO Logistics by 8.3% during the first quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock worth $252,318,000 after acquiring an additional 371,391 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in GXO Logistics in the second quarter valued at $1,650,000. Finally, Segall Bryant & Hamill LLC lifted its stake in GXO Logistics by 9.6% in the 1st quarter. Segall Bryant & Hamill LLC now owns 261,426 shares of the company’s stock valued at $13,555,000 after purchasing an additional 22,940 shares during the last quarter. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Company Profile

GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses across a range of industries, including retail, consumer goods, technology, healthcare, food and beverage, and industrial products. Its services are designed to help customers store, move and fulfill merchandise and materials efficiently.

The company provides warehousing and distribution, order fulfillment, transportation management, reverse logistics, and value-added services such as product processing, packaging and returns management.