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

Shares of GXO Logistics, Inc. (NYSE:GXO) have been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and ten have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $69.1667.

A number of analysts have recently issued reports on the stock. Susquehanna restated a “positive” rating and set a $82.00 target price on shares of GXO Logistics in a research note on Thursday, February 12th. Truist Financial upped their price target on shares of GXO Logistics from $65.00 to $70.00 and gave the company a “buy” rating in a research note on Thursday, February 12th. Weiss Ratings cut shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, March 2nd. Oppenheimer restated an “outperform” rating and set a $70.00 price objective on shares of GXO Logistics in a research report on Thursday, February 12th. Finally, UBS Group boosted their price objective on GXO Logistics from $63.00 to $74.00 and gave the stock a “buy” rating in a report on Thursday, February 12th.

Institutional Trading of GXO Logistics

Institutional investors have recently added to or reduced their stakes in the company. Ashton Thomas Private Wealth LLC increased its position in GXO Logistics by 1.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,319 shares of the company’s stock worth $599,000 after buying an additional 202 shares during the period. GAMMA Investing LLC boosted 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 valued at $86,000 after acquiring an additional 205 shares during the period. Fifth Third Bancorp boosted 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 valued at $64,000 after acquiring an additional 219 shares during the period. First Bank & Trust grew its stake 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 valued at $300,000 after acquiring an additional 219 shares in the last quarter. Finally, UMB Bank n.a. grew its stake 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 valued at $88,000 after acquiring an additional 221 shares in the last quarter. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Stock Down 0.8%

GXO stock opened at $53.28 on Friday. GXO Logistics has a 1-year low of $30.46 and a 1-year high of $66.85. The business’s 50 day simple moving average is $58.75 and its 200 day simple moving average is $54.61. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $6.11 billion, a PE ratio of 177.61, a PEG ratio of 1.82 and a beta of 1.62.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings results on Tuesday, February 10th. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.04. GXO Logistics had a return on equity of 9.83% and a net margin of 0.24%.The business had revenue of $3.51 billion during the quarter, compared to the consensus estimate of $3.48 billion. During the same quarter last year, the firm posted $1.00 EPS. The company’s quarterly revenue was up 7.9% on a year-over-year basis. As a group, research analysts anticipate that GXO Logistics will post 2.49 EPS 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.