Susquehanna Issues Positive Forecast for GXO Logistics (NYSE:GXO) Stock Price

GXO Logistics (NYSE:GXO) had its target price lifted by Susquehanna from $64.00 to $80.00 in a research report sent to investors on Thursday, MarketBeat reports. Susquehanna currently has a positive rating on the stock.

A number of other equities analysts have also commented on the stock. Morgan Stanley lifted their price target on shares of GXO Logistics from $58.00 to $70.00 and gave the company an “overweight” rating in a research report on Monday, December 8th. JPMorgan Chase & Co. lifted their target price on shares of GXO Logistics from $66.00 to $67.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Truist Financial set a $65.00 target price on GXO Logistics in a research report on Tuesday, October 14th. Stifel Nicolaus dropped their price objective on GXO Logistics from $67.00 to $66.00 and set a “buy” rating for the company in a report on Tuesday, December 16th. Finally, UBS Group boosted their target price on GXO Logistics from $58.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Eleven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, GXO Logistics presently has an average rating of “Moderate Buy” and a consensus target price of $64.38.

GXO Logistics Trading Up 1.5%

Shares of GXO Logistics stock opened at $55.82 on Thursday. The business has a fifty day simple moving average of $52.15 and a 200-day simple moving average of $51.96. The firm has a market cap of $6.39 billion, a price-to-earnings ratio of 73.45, a price-to-earnings-growth ratio of 1.79 and a beta of 1.64. GXO Logistics has a fifty-two week low of $30.46 and a fifty-two week high of $57.99. The company has a quick ratio of 0.71, a current ratio of 0.71 and a debt-to-equity ratio of 0.73.

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

Insider Activity at GXO Logistics

In other GXO Logistics news, Director Todd C. Cooper purchased 6,000 shares of the company’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 transaction, the director owned 10,040 shares in the company, valued at approximately $507,923.60. This represents a 148.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is available through this link. Corporate insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On GXO Logistics

A number of institutional investors have recently modified their holdings of the business. Allworth Financial LP raised its position in GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after purchasing an additional 329 shares during the last quarter. Accredited Wealth Management LLC grew its holdings in GXO Logistics by 1,100.0% during the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after buying an additional 550 shares in the last quarter. Chapman Financial Group LLC bought a new stake in shares of GXO Logistics in the 2nd quarter worth $34,000. Farther Finance Advisors LLC boosted its holdings in shares of GXO Logistics by 177.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock worth $41,000 after buying an additional 491 shares during the last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of GXO Logistics by 1,964.4% in the second quarter. Hantz Financial Services Inc. now owns 929 shares of the company’s stock valued at $45,000 after buying an additional 884 shares during the period. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Company Profile

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.