RXO (RXO) Stock Price, News & Analysis

$19.47
+0.15 (+0.78%)
(As of 11:20 AM ET)
Today's Range
$19.16
$19.48
50-Day Range
$18.93
$22.33
52-Week Range
$16.94
$24.33
Volume
133,754 shs
Average Volume
645,276 shs
Market Capitalization
$2.29 billion
P/E Ratio
486.87
Dividend Yield
N/A
Price Target
$20.23

RXO MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.92 Rating Score
Upside/​Downside
4.6% Upside
$20.23 Price Target
Short Interest
Healthy
2.57% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.03mentions of RXO in the last 14 days
Based on 17 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.

2.33 out of 5 stars

Transportation Sector

79th out of 113 stocks

Transportation Services Industry

9th 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

“Retirement Secret” Showed 995% Gain Last Time We Shared It
See this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)
RXO (RXO) Scheduled to Post Quarterly Earnings on Thursday
Benchmark Reiterates Hold Rating for RXO (NYSE:RXO)
“Retirement Secret” Showed 995% Gain Last Time We Shared It
See this before next week's Fed Meeting Thousands of investing ideas come across his desk every year… But Doc Eifrig just revealed THIS ONE "will go down as one of the smartest and most lucrative financial moves of the decade." (Last time we shared this, it led to a 995% gain.)
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
See More Headlines
Receive RXO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for RXO and its competitors with MarketBeat's FREE daily newsletter.

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
7 Stocks to Buy And Hold Forever Cover

Click the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report

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 research analysts have issued "buy," "hold," and "sell" ratings for RXO in the last twelve months. There are currently 3 sell ratings, 7 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 brokers have issued 1-year target prices for RXO's stock. Their RXO share price targets range from $16.00 to $27.00. On average, they expect the company's stock price to reach $20.23 in the next year. This suggests a possible upside of 4.6% 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 2024. Since then, RXO shares have decreased by 16.9% and is now trading at $19.34.
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) announced its quarterly earnings results on Thursday, February, 8th. The company reported $0.06 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. The business had revenue of $978 million for the quarter, compared to analyst estimates of $996.33 million. RXO had a trailing twelve-month return on equity of 6.11% and a net margin of 0.10%. RXO's quarterly revenue was down 12.7% compared to the same quarter last year. During the same quarter last year, the company earned $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 investors 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 4/25/2024 by MarketBeat.com Staff

From Our Partners