RXO (RXO) Stock Price, News & Analysis

$19.32
-0.59 (-2.96%)
(As of 04/24/2024 ET)
Today's Range
$19.16
$19.84
50-Day Range
$18.93
$22.33
52-Week Range
$16.94
$24.33
Volume
610,766 shs
Average Volume
651,984 shs
Market Capitalization
$2.27 billion
P/E Ratio
483.12
Dividend Yield
N/A
Price Target
$20.23

RXO MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.92 Rating Score
Upside/​Downside
4.7% Upside
$20.23 Price Target
Short Interest
Healthy
2.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.11mentions of RXO in the last 14 days
Based on 16 Articles This Week
Insider Trading
Acquiring Shares
$52.52 M Bought Last Quarter
Proj. Earnings Growth
213.64%
From $0.22 to $0.69 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.51 out of 5 stars

Transportation Sector

76th out of 111 stocks

Transportation Services Industry

8th out of 15 stocks

RXO stock logo

About RXO Stock (NYSE:RXO)

RXO, Inc. provides full truckload freight transportation brokering services. It also offers brokered services for managed transportation, last mile, and freight forwarding. The company was incorporated in 2022 and is based in Charlotte, North Carolina.

RXO Stock Price History

RXO Stock News Headlines

The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
Benchmark Reiterates Hold Rating for RXO (NYSE:RXO)
The "Smart Money" Is Ready for May 1st Are You?
Former Wall Street VP: "Buy This Stock Now" Five of America's Most Successful Investors Bought Shares in The Same Company.
RXO (NYSE:RXO) Trading Down 6.2%
RXO Expands Responsible Care® Certification
RXO Expands Responsible Care® Certification
Barclays Sticks to Their Buy Rating for RXO, Inc. (RXO)
RXO Reaches Analyst Target Price
RXO May 2024 22.500 put
RXO Apr 2024 17.500 put
See More Headlines
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Company Calendar

Last Earnings
2/08/2024
Today
4/24/2024
Next Earnings (Confirmed)
5/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
N/A
Fax
N/A
Employees
8,432
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$20.23
High Stock Price Target
$27.00
Low Stock Price Target
$16.00
Potential Upside/Downside
+4.7%
Consensus Rating
Reduce
Rating Score (0-4)
1.92
Research Coverage
12 Analysts

Profitability

Net Income
$4 million
Pretax Margin
0.10%

Debt

Sales & Book Value

Annual Sales
$3.93 billion
Cash Flow
$0.87 per share
Book Value
$5.08 per share

Miscellaneous

Free Float
115,780,000
Market Cap
$2.27 billion
Optionable
Optionable
Beta
1.08
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Key Executives

  • Mr. Drew M. Wilkerson (Age 40)
    CEO & Director
    Comp: $665.18k
  • Mr. James E. Harris (Age 62)
    Chief Financial Officer
    Comp: $602.52k
  • Mr. Jeff Firestone (Age 53)
    Chief Legal Officer
    Comp: $526.33k
  • Mr. Jason S. Kerr (Age 47)
    Chief Accounting Officer
  • Mr. Yoav Amiel
    Chief Information Officer
  • Ms. Nina Reinhardt
    Chief Communications Officer
  • Mr. Lyndon Cron
    Senior Vice President of Sales
  • Mr. Jared Ian Weisfeld
    Chief Strategy Officer
  • Mr. Louis J. Amo
    President of Truck Brokerage
  • Mr. Demetri Venetis
    President of Freight Forwarding

RXO Stock Analysis - Frequently Asked Questions

Should I buy or sell RXO stock right now?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for RXO in the last year. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "reduce" RXO shares.
View RXO analyst ratings
or view top-rated stocks.

What is RXO's stock price target for 2024?

12 brokerages have issued 1-year price objectives for RXO's shares. Their RXO share price targets range from $16.00 to $27.00. On average, they anticipate the company's share price to reach $20.23 in the next twelve months. This suggests a possible upside of 4.7% from the stock's current price.
View analysts price targets for RXO
or view top-rated stocks among Wall Street analysts.

How have RXO shares performed in 2024?

RXO's stock was trading at $23.26 at the beginning of the year. Since then, RXO stock has decreased by 16.9% and is now trading at $19.32.
View the best growth stocks for 2024 here
.

When is RXO's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 2nd 2024.
View our RXO earnings forecast
.

How can I listen to RXO's earnings call?

RXO will be holding an earnings conference call on Thursday, May 2nd at 8:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-764-8692 with passcode "295742#".

How were RXO's earnings last quarter?

RXO, Inc. (NYSE:RXO) issued its quarterly earnings data on Thursday, February, 8th. The company reported $0.06 EPS for the quarter, beating the consensus estimate of $0.03 by $0.03. The business earned $978 million during the quarter, compared to the consensus estimate of $996.33 million. RXO had a net margin of 0.10% and a trailing twelve-month return on equity of 6.11%. RXO's revenue for the quarter was down 12.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.28 earnings per share.

Who are RXO's major shareholders?

RXO's stock is owned by many different retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (2.26%), Rice Hall James & Associates LLC (0.30%), State of Alaska Department of Revenue (0.18%), Kirr Marbach & Co. LLC IN (0.16%), Vaughan Nelson Investment Management L.P. (0.09%) and City Holding Co. (0.00%). Insiders that own company stock include Christine S Breves, Mfn Partners, Lp and Thomas A Szlosek.
View institutional ownership trends
.

How do I buy shares of RXO?

Shares of RXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RXO) was last updated on 4/24/2024 by MarketBeat.com Staff

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