GXO Logistics, Inc. (GXO) – What Are Researchers Saying About This Stock?

GXO Logistics, Inc. (NYSE:GXO) has been given a consensus recommendation of “Moderate Buy” by the fifteen brokerages that are currently covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a hold rating and thirteen have issued a buy rating on the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $63.29.

A number of brokerages recently issued reports on GXO. The Goldman Sachs Group upgraded GXO Logistics from a “neutral” rating to a “buy” rating and set a $61.00 price objective for the company in a research note on Wednesday, October 14th. Truist Financial decreased their target price on shares of GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Oppenheimer set a $61.00 price target on shares of GXO Logistics in a report on Thursday, August 6th. Morgan Stanley lifted their price target on shares of GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a report on Monday, July 6th. Finally, Weiss Ratings upgraded shares of GXO Logistics from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, October 16th.

GXO Logistics Stock Performance

Shares of NYSE GXO opened at $50.27 on Friday. The firm has a 50 day moving average of $46.86 and a 200 day moving average of $51.83. 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 has a market capitalization of $5.76 billion, a price-to-earnings ratio of 44.49, a price-to-earnings-growth ratio of 1.57 and a beta of 1.57. GXO Logistics has a 12-month low of $43.61 and a 12-month high of $66.85.

GXO Logistics (NYSE:GXO) last released its quarterly earnings results on Tuesday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.58 by $0.01. The business had revenue of $3.44 billion during the quarter, compared to analyst estimates of $3.46 billion. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%. GXO Logistics’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.57 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, research analysts anticipate that GXO Logistics will post 3.05 earnings per share for the current year.

Institutional Trading of GXO Logistics

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Covestor Ltd grew its position in GXO Logistics by 230.6% during the 3rd quarter. Covestor Ltd now owns 1,792 shares of the company’s stock worth $80,000 after purchasing an additional 1,250 shares during the last quarter. Oppenheimer & Co. Inc. increased its stake in GXO Logistics by 2.6% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 56,326 shares of the company’s stock valued at $2,504,000 after purchasing an additional 1,433 shares in the last quarter. Sigma Planning Corp raised its holdings in shares of GXO Logistics by 3.0% in the third quarter. Sigma Planning Corp now owns 18,628 shares of the company’s stock worth $829,000 after buying an additional 548 shares during the last quarter. Citizens Financial Group Inc. RI raised its holdings in shares of GXO Logistics by 4.4% in the third quarter. Citizens Financial Group Inc. RI now owns 25,091 shares of the company’s stock worth $1,115,000 after buying an additional 1,065 shares during the last quarter. Finally, Inspire Investing LLC acquired a new stake in shares of GXO Logistics during the third quarter worth $634,000. 90.67% of the stock is currently owned by institutional investors.

GXO Logistics Company Profile

GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO’s logistics segment and began operating as an independent public company in 2021.