GXO Logistics Inc [GXO] stock is trading at $50.54, up 2.93%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GXO shares have gain 4.94% over the last week, with a monthly amount drifted -0.84%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
GXO Logistics Inc [NYSE: GXO] stock has seen the most recent analyst activity on April 25, 2024, when TD Cowen reiterated its Buy rating and also boosted its price target to $80 from $78. Previously, Exane BNP Paribas upgraded its rating to Neutral on March 27, 2024, and kept the price target unchanged to $50. On February 15, 2024, TD Cowen reiterated its Outperform rating and revised its price target to $78 on the stock. TD Cowen reiterated its Outperform rating and decreased its price target to $70 on January 12, 2024. UBS initiated its recommendation with a Buy and recommended $74 as its price target on August 22, 2023. Exane BNP Paribas downgraded its rating to Underperform for this stock on February 02, 2023, but kept the price target unchanged to $40. In a note dated January 09, 2023, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $45 to $60.
GXO Logistics Inc [GXO] stock has fluctuated between $48.11 and $67.57 over the past year. Currently, Wall Street analysts expect the stock to reach $67.23 within the next 12 months. GXO Logistics Inc [NYSE: GXO] shares were valued at $50.54 at the most recent close of the market. An investor can expect a potential return of 33.02% based on the average GXO price forecast.
Analyzing the GXO fundamentals
GXO Logistics Inc [NYSE:GXO] reported sales of 9.96B for the trailing twelve months, which represents a growth of 7.62%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.03%, and Net Profit Margin reading is 0.02%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.74.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 49.36 points at the first support level, and at 48.18 for the second support level. However, for the 1st resistance point, the stock is sitting at 51.36, and for the 2nd resistance point, it is at 52.18.
GXO Logistics Inc [GXO] reported earnings per share of $0.7 for its fiscal quarter that ended on 12/31/2023. Based on the Wall Street analysts’ estimates, the company was expected to report earnings of $0.68/share, meaning a difference of $0.02 and a surprise factor of 2.90%. By comparison, the stated earnings for the previous quarter ended on 9/30/2023 were $0.69 per share as compared to estimates of $0.66 per share, a difference of $0.03 representing a surprise of 4.50%.
Ratios To Look Out For
For context, GXO Logistics Inc’s Current Ratio is 0.98. In addition, the Quick Ratio stands at 0.98 and the Cash Ratio stands at 0.18. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 35.99.
Transactions by insiders
Recent insider trading involved Ashe Gena L, Director, that happened on Mar 08 ’24 when 13370.0 shares were sold. Director, Ashe Gena L completed a deal on Mar 07 ’24 to sell 4737.0 shares. Meanwhile, Director Ashe Gena L sold 10526.0 shares on Jan 03 ’24.
