GXO Logistics (NYSE:GXO) Hits New 12-Month High – What’s Next?

Shares of GXO Logistics, Inc. (NYSE:GXO) hit a new 52-week high on Tuesday . The company traded as high as $58.00 and last traded at $57.7670, with a volume of 70603 shares changing hands. The stock had previously closed at $57.73.

Analysts Set New Price Targets

Several research firms recently commented on GXO. JPMorgan Chase & Co. boosted their price objective on shares of GXO Logistics from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. UBS Group increased their price target on shares of GXO Logistics from $58.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Citigroup lifted their price objective on GXO Logistics from $62.00 to $66.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. The Goldman Sachs Group upgraded GXO Logistics from a “neutral” rating to a “buy” rating and increased their target price for the company from $52.00 to $68.00 in a report on Wednesday, September 24th. Finally, Stifel Nicolaus reduced their price objective on GXO Logistics from $67.00 to $66.00 and set a “buy” rating on the stock in a research report on Tuesday, December 16th. Eleven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $64.38.

GXO Logistics Price Performance

The company has a 50 day moving average of $52.47 and a 200 day moving average of $52.27. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $6.54 billion, a price-to-earnings ratio of 75.21, a price-to-earnings-growth ratio of 1.87 and a beta of 1.64.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings results on Tuesday, November 4th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.78 by $0.01. The company had revenue of $3.40 billion during the quarter, compared to analysts’ expectations of $3.39 billion. GXO Logistics had a return on equity of 10.45% and a net margin of 0.69%.The firm’s revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.79 EPS. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. As a group, equities research analysts forecast that GXO Logistics, Inc. will post 2.49 EPS for the current fiscal year.

Insider Activity at GXO Logistics

In other news, Director Todd C. Cooper bought 6,000 shares of the business’s stock in a transaction that occurred on Friday, November 28th. The shares were acquired at an average cost of $50.59 per share, with a total value of $303,540.00. Following the transaction, the director owned 10,040 shares of the company’s stock, valued at $507,923.60. This represents a 148.51% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. 2.30% of the stock is currently owned by insiders.

Institutional Trading of GXO Logistics

Several large investors have recently added to or reduced their stakes in GXO. Thurston Springer Miller Herd & Titak Inc. boosted its position in shares of GXO Logistics by 10.7% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 2,046 shares of the company’s stock worth $100,000 after buying an additional 197 shares during the period. Ashton Thomas Private Wealth LLC raised its holdings in shares of GXO Logistics by 1.8% during the 3rd quarter. Ashton Thomas Private Wealth LLC now owns 11,319 shares of the company’s stock valued at $599,000 after buying an additional 202 shares during the period. GAMMA Investing LLC lifted its position in GXO Logistics by 14.3% during the 4th 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 lifted its position in GXO Logistics by 22.0% during the 3rd 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. Finally, First Bank & Trust boosted its holdings in GXO Logistics by 4.0% in the 4th quarter. First Bank & Trust now owns 5,696 shares of the company’s stock worth $300,000 after acquiring an additional 219 shares during the period. 90.67% of the stock is currently owned by institutional investors and hedge funds.

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.