Should I buy or sell GXO Logistics stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for GXO Logistics in the last twelve months. There are currently 1 hold rating and 11 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" GXO shares. View GXO analyst ratings or view top-rated stocks .

What is GXO Logistics' stock price target for 2024?

12 equities research analysts have issued 1 year price targets for GXO Logistics' stock. Their GXO share price targets range from $50.00 to $81.00. On average, they anticipate the company's share price to reach $69.54 in the next year. This suggests a possible upside of 44.4% from the stock's current price. View analysts price targets for GXO or view top-rated stocks among Wall Street analysts .

How have GXO shares performed in 2024?

GXO Logistics' stock was trading at $61.16 on January 1st, 2024. Since then, GXO shares have decreased by 21.3% and is now trading at $48.16. View the best growth stocks for 2024 here .

When is GXO Logistics' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 7th 2024. View our GXO earnings forecast .

How can I listen to GXO Logistics' earnings call?

GXO Logistics will be holding an earnings conference call on Wednesday, May 8th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13745710".

How were GXO Logistics' earnings last quarter?

GXO Logistics, Inc. (NYSE:GXO) issued its quarterly earnings results on Tuesday, February, 13th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.01. The company had revenue of $2.59 billion for the quarter, compared to analysts' expectations of $2.55 billion. GXO Logistics had a net margin of 2.34% and a trailing twelve-month return on equity of 10.94%. The business's quarterly revenue was up 5.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.83 earnings per share.

What ETFs hold GXO Logistics' stock?

ETFs with the largest weight of GXO Logistics (NYSE:GXO) stock in their portfolio include Invesco S&P Spin-Off ETF (CSD) , MFAM Small-Cap Growth ETF (MFMS) , Motley Fool Small-Cap Growth ETF (TMFS) , U.S. Global Sea to Sky Cargo ETF (SEA) , Motley Fool Mid-Cap Growth ETF (TMFM) , SPDR S&P Transportation ETF (XTN) , ProShares Supply Chain Logistics ETF (SUPL) and BlackRock Future Innovators ETF (BFTR) .

What guidance has GXO Logistics issued on next quarter's earnings?

GXO Logistics issued an update on its FY 2024 earnings guidance on Tuesday, February, 13th. The company provided earnings per share (EPS) guidance of 2.700-2.900 for the period, compared to the consensus EPS estimate of 2.870. The company issued revenue guidance of -.

Who are GXO Logistics' major shareholders?

GXO Logistics' stock is owned by a number of retail and institutional investors. Top institutional shareholders include Perpetual Ltd (3.00%), Fort Pitt Capital Group LLC (1.55%), Reinhart Partners LLC. (0.47%), Douglas Lane & Associates LLC (0.39%), Security National Bank (0.06%) and Gilman Hill Asset Management LLC (0.06%). Insiders that own company stock include Gena L Ashe, Gena L Ashe , Malcolm Wilson and S Jacobs Bradley . View institutional ownership trends .

How do I buy shares of GXO Logistics?

Shares of GXO 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 .

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NYSE:GXO

GXO Logistics (GXO) Stock Price, News & Analysis

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$48.16

-0.69 (-1.41%)

(As of 04/18/2024 ET)

Compare

Today's Range: $48.12
▼
$49.27
50-Day Range: $48.49
▼
$57.12
52-Week Range: $48.11
▼
$67.57

Volume: 689,749 shs
Average Volume: 881,014 shs
Market Capitalization: $5.75 billion

P/E Ratio: 25.21
Dividend Yield: N/A
Price Target: $69.17

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GXO Logistics MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.91 Rating Score
Upside/Downside: 44.4% Upside
$69.54 Price Target
Short Interest: Healthy
2.04% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.80
Based on 13 Articles This Week
Insider Trading: Selling Shares
$236,850 Sold Last Quarter
Proj. Earnings Growth: 17.69%
From $2.77 to $3.26 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.

4.21 out of 5 stars

Transportation Sector

24th out of 107 stocks

Transportation Services Industry

3rd out of 15 stocks

4.5

Analyst's Opinion

Consensus Rating
GXO Logistics has received a consensus rating of Moderate Buy. The company's average rating score is 2.92, and is based on 11 buy ratings, 1 hold rating, and no sell ratings.
Amount of Analyst Coverage
GXO Logistics has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

3.0

Short Interest

Percentage of Shares Shorted
2.04% of the float of GXO Logistics has been sold short.
Short Interest Ratio / Days to Cover
GXO Logistics has a short interest ratio ("days to cover") of 2.7, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in GXO Logistics has recently increased by 4.37%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
GXO Logistics does not currently pay a dividend.
Dividend Growth
GXO Logistics does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for GXO.

2.7

News and Social Media Coverage

News Sentiment
GXO Logistics has a news sentiment score of 0.80. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.50 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 13 news articles for GXO Logistics this week, compared to 8 articles on an average week.
Search Interest
Only 4 people have searched for GXO on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
MarketBeat Follows
Only 8 people have added GXO Logistics to their MarketBeat watchlist in the last 30 days. This is a decrease of -20% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, GXO Logistics insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $236,850.00 in company stock.
Percentage Held by Insiders
Only 2.00% of the stock of GXO Logistics is held by insiders.
Percentage Held by Institutions
90.67% of the stock of GXO Logistics is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for GXO Logistics are expected to grow by 17.69% in the coming year, from $2.77 to $3.26 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of GXO Logistics is 25.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.12.
Price to Earnings Ratio vs. Sector
The P/E ratio of GXO Logistics is 25.21, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 16.11.
Price to Earnings Growth Ratio
GXO Logistics has a PEG Ratio of 2.11. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
GXO Logistics has a P/B Ratio of 1.94. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About GXO Logistics Stock (NYSE:GXO)

GXO Logistics, Inc., together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others. GXO Logistics, Inc. was incorporated in 2021 and is headquartered in Greenwich, Connecticut.

GXO Stock Price History

30 days | 90 days | 365 days | Advanced Chart

GXO Stock News Headlines

April 18, 2024 | msn.com

No green shoots ahead for transportation sector - analyst

April 18, 2024 | markets.businessinsider.com

5 Analysts Assess GXO Logistics: What You Need To Know

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

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April 17, 2024 | msn.com

GXO Joins with Daikin

April 17, 2024 | finance.yahoo.com

Daikin and GXO Announce Opening of New Midlands Warehouse

April 13, 2024 | americanbankingnews.com

GXO Logistics, Inc. (NYSE:GXO) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

April 12, 2024 | msn.com

Owner of longtime Kansas City chocolate company wins $33 million verdict

April 10, 2024 | americanbankingnews.com

GXO Logistics (NYSE:GXO) Given New $65.00 Price Target at JPMorgan Chase & Co.

April 18, 2024 | DTI (Ad)

Biden’s $374B Giveaway Into This Sector

Biden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right here

April 9, 2024 | globenewswire.com

GXO Appoints Corinna Refsgaard as Chief Human Resources Officer

April 4, 2024 | msn.com

Thermo Fisher Scientific, GXO Logistics And A Financial Stock On CNBC's 'Final Trades'

April 4, 2024 | globenewswire.com

GXO Schedules First Quarter 2024 Earnings Conference Call for Wednesday, May 8, 2024

April 1, 2024 | nasdaq.com

GXO Quantitative Stock Analysis - Peter Lynch

March 28, 2024 | markets.businessinsider.com

Demystifying GXO Logistics: Insights From 4 Analyst Reviews

March 26, 2024 | seekingalpha.com

GXO Logistics: Secular Winner At An Attractive Price

March 21, 2024 | finance.yahoo.com

GXO Appoints Kristine Kubacki as Chief Strategy Officer

March 18, 2024 | finance.yahoo.com

GXO Jan 2026 60.000 put