GXO Logistics (NYSE:GXO) Now Covered by Wells Fargo & Company

Stock analysts at Wells Fargo & Company began coverage on shares of GXO Logistics (NYSE:GXO) in a research note issued on Tuesday. The firm set an “overweight” rating and a $18.00 price target on the stock. Wells Fargo & Company‘s price objective suggests a potential downside of 66.15% from the company’s current price.

Other analysts have also issued research reports about the company. Barclays raised GXO Logistics from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $58.00 to $65.00 in a research note on Wednesday, May 27th. Stifel Nicolaus decreased their price objective on shares of GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Citizens Jmp began coverage on shares of GXO Logistics in a research note on Wednesday, July 15th. They set a “market perform” rating and a $80.00 price objective for the company. Weiss Ratings lowered shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a report on Monday, June 1st. Finally, Citigroup started coverage on GXO Logistics in a report on Wednesday, July 15th. They set a “market outperform” rating on the stock. Twelve research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, GXO Logistics currently has a consensus rating of “Moderate Buy” and an average price target of $66.71.

GXO Logistics Price Performance

GXO Logistics stock opened at $53.17 on Tuesday. The business has a 50-day simple moving average of $50.26 and a 200 day simple moving average of $54.21. The stock has a market cap of $6.12 billion, a price-to-earnings ratio of 46.64, a PEG ratio of 1.74 and a beta of 1.55. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. GXO Logistics has a 52 week low of $45.40 and a 52 week high of $66.85.

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

Institutional Investors Weigh In On GXO Logistics

A number of large investors have recently modified their holdings of the stock. Allworth Financial LP increased its position in shares of GXO Logistics by 175.0% during the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the period. Chapman Financial Group LLC purchased a new stake in GXO Logistics in the second quarter worth about $34,000. Farther Finance Advisors LLC lifted its holdings in GXO Logistics by 85.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after buying an additional 653 shares during the period. Geneos Wealth Management Inc. boosted its position in GXO Logistics by 4,775.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock valued at $78,000 after acquiring an additional 1,958 shares in the last quarter. Finally, Danske Bank A S purchased a new position in shares of GXO Logistics during the 3rd quarter worth approximately $79,000. Institutional investors own 90.67% of the company’s stock.

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.