RXO (RXO) Stock Price, News & Analysis

$19.91
+0.41 (+2.10%)
(As of 04/23/2024 ET)
Today's Range
$19.44
$19.99
50-Day Range
$18.93
$22.33
52-Week Range
$16.94
$24.33
Volume
732,746 shs
Average Volume
652,469 shs
Market Capitalization
$2.34 billion
P/E Ratio
497.87
Dividend Yield
N/A
Price Target
$20.23

RXO MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.92 Rating Score
Upside/​Downside
2.4% 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 17 Articles This Week
Insider Trading
Acquiring Shares
$52.30 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.

2.52 out of 5 stars

Transportation Sector

80th out of 110 stocks

Transportation Services Industry

10th 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

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Benchmark Reiterates Hold Rating for RXO (NYSE:RXO)
Thousands of investors use this no cost solution | Do you?
In today’s volatile markets we are all looking for the edge. But imagine tapping into a world where every investment move has the potential to be ahead of the curve. Most investors have heard of the publication Insider Financial. For nearly a decade, they've unlocked doors to opportunities tucked away from the public eye, guiding over a million investors with well researched information before it hits the mainstream media.
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
4/23/2024
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
+1.6%
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
$0.90 per share
Book Value
$5.08 per share

Miscellaneous

Free Float
115,780,000
Market Cap
$2.34 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 Wall Street analysts have issued twelve-month price targets 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 2.4% 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 start of the year. Since then, RXO shares have decreased by 15.0% and is now trading at $19.76.
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 results on Thursday, February, 8th. The company reported $0.06 earnings per share for the quarter, topping analysts' consensus estimates of $0.03 by $0.03. The business had revenue of $978 million for the quarter, compared to the consensus estimate of $996.33 million. RXO had a trailing twelve-month return on equity of 6.11% and a net margin of 0.10%. The company's revenue for the quarter was down 12.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.28 earnings per share.

Who are RXO's major shareholders?

RXO's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Douglas Lane & Associates LLC (2.26%), State of Alaska Department of Revenue (0.18%), Kirr Marbach & Co. LLC IN (0.16%), Vaughan Nelson Investment Management L.P. (0.09%), City Holding Co. (0.00%) and Allspring Global Investments Holdings LLC (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 4/23/2024 by MarketBeat.com Staff

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