GXO Logistics, Inc. (NYSE:GXO) Given Average Rating of “Moderate Buy” by Brokerages

GXO Logistics, Inc. (NYSE:GXO) has received a consensus rating of “Moderate Buy” from the fourteen research firms that are currently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and eleven have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $62.6154.

Several brokerages have commented on GXO. Truist Financial set a $65.00 price target on GXO Logistics in a report on Tuesday, October 14th. JPMorgan Chase & Co. lifted their target price on shares of GXO Logistics from $66.00 to $67.00 and gave the stock an “overweight” rating in a report on Thursday, November 6th. UBS Group boosted their target price on shares of GXO Logistics from $58.00 to $63.00 and gave the stock a “buy” rating in a research report on Friday, October 3rd. The Goldman Sachs Group raised GXO Logistics from a “neutral” rating to a “buy” rating and raised their price target for the company from $52.00 to $68.00 in a research report on Wednesday, September 24th. Finally, Wells Fargo & Company lifted their price objective on GXO Logistics from $60.00 to $65.00 and gave the stock an “overweight” rating in a research note on Monday, October 6th.

GXO Logistics Price Performance

NYSE GXO opened at $53.79 on Monday. GXO Logistics has a fifty-two week low of $30.46 and a fifty-two week high of $57.99. The stock’s 50-day moving average is $52.17 and its two-hundred day moving average is $51.42. The firm has a market cap of $6.16 billion, a P/E ratio of 70.78, a price-to-earnings-growth ratio of 2.21 and a beta of 1.65. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.71 and a quick ratio of 0.71.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 EPS for the quarter, beating analysts’ consensus estimates of $0.78 by $0.01. GXO Logistics had a return on equity of 10.45% and a net margin of 0.69%.The business had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.39 billion. During the same quarter in the prior year, the firm posted $0.79 EPS. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. On average, analysts anticipate that GXO Logistics will post 2.49 earnings per share for the current fiscal year.

Insider Buying and Selling

In other GXO Logistics news, Director Todd C. Cooper purchased 6,000 shares of the business’s stock in a transaction dated Friday, November 28th. The stock was bought at an average cost of $50.59 per share, for a total transaction of $303,540.00. Following the completion of the acquisition, the director directly owned 10,040 shares in the company, valued at $507,923.60. This represents a 148.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 2.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On GXO Logistics

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Hudson Bay Capital Management LP boosted its holdings in GXO Logistics by 115.1% in the 3rd quarter. Hudson Bay Capital Management LP now owns 109,071 shares of the company’s stock valued at $5,769,000 after purchasing an additional 58,375 shares during the period. Allworth Financial LP raised its position in shares of GXO Logistics by 175.0% during the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the last quarter. Swiss Life Asset Management Ltd acquired a new position in shares of GXO Logistics during the third quarter valued at about $283,000. Penn Capital Management Company LLC lifted its stake in shares of GXO Logistics by 41.6% in the third quarter. Penn Capital Management Company LLC now owns 317,342 shares of the company’s stock valued at $16,826,000 after buying an additional 93,286 shares during the period. Finally, CIBC Private Wealth Group LLC grew its position in GXO Logistics by 201.3% during the third quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company’s stock worth $86,000 after buying an additional 1,083 shares in the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

About GXO Logistics

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.