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

Shares of GXO Logistics, Inc. (NYSE:GXO) have been assigned a consensus recommendation of “Moderate Buy” from the thirteen analysts that are covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and ten have given a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $69.1667.

Several equities research analysts recently commented on GXO shares. Stifel Nicolaus set a $70.00 target price on GXO Logistics in a research report on Thursday, February 12th. Morgan Stanley restated an “overweight” rating and set a $75.00 target price on shares of GXO Logistics in a research report on Tuesday, February 17th. UBS Group upped their target price on GXO Logistics from $63.00 to $74.00 and gave the company a “buy” rating in a research report on Thursday, February 12th. Susquehanna restated a “positive” rating and set a $82.00 target price on shares of GXO Logistics in a research report on Thursday, February 12th. Finally, Citigroup upped their target price on GXO Logistics from $66.00 to $68.00 and gave the company a “buy” rating in a research report on Wednesday, February 11th.

Institutional Investors Weigh In On GXO Logistics

Institutional investors and hedge funds have recently made changes to their positions in the business. Allworth Financial LP boosted its position in shares of GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after purchasing an additional 329 shares in the last quarter. Accredited Wealth Management LLC raised its stake in GXO Logistics by 1,100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after buying an additional 550 shares during the period. Chapman Financial Group LLC acquired a new position in GXO Logistics during the 2nd quarter worth approximately $34,000. Farther Finance Advisors LLC raised its stake in GXO Logistics by 177.9% during 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 period. Finally, Quent Capital LLC acquired a new position in GXO Logistics during the 3rd quarter worth approximately $50,000. Institutional investors own 90.67% of the company’s stock.

GXO Logistics Trading Up 0.4%

NYSE GXO opened at $53.21 on Wednesday. The business’s 50-day moving average price is $57.29 and its two-hundred day moving average price is $54.69. GXO Logistics has a 12 month low of $30.46 and a 12 month high of $66.85. The firm has a market capitalization of $6.10 billion, a PE ratio of 177.36, a price-to-earnings-growth ratio of 1.80 and a beta of 1.66. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.87.

GXO Logistics (NYSE:GXO) last released its quarterly earnings results on Tuesday, February 10th. The company reported $0.87 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.04. GXO Logistics had a return on equity of 9.83% and a net margin of 0.24%.The firm had revenue of $3.51 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same quarter in the previous year, the company posted $1.00 EPS. The business’s revenue was up 7.9% on a year-over-year basis. On average, analysts expect that GXO Logistics will post 2.49 EPS for the current year.

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.