A share price of GXO Logistics Inc [GXO] is currently trading at $55.31, up 4.04%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GXO shares have gain 2.46% over the last week, with a monthly amount glided 14.14%, and 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 June 07, 2024, when Wells Fargo initiated its Overweight rating and assigned the stock a price target of $58. Previously, TD Cowen reaffirmed its Buy rating on April 25, 2024, and elevated its price target to $80. On March 27, 2024, upgrade upgraded it’s rating to Neutral but maintained its price target of $50 on the stock. TD Cowen reiterated its Outperform rating and increased its price target to $78 on February 15, 2024. TD Cowen reiterated its recommendation of a Outperform and reduced its price target to $70 on January 12, 2024. UBS started tracking with a Buy rating for this stock on August 22, 2023, and assigned it a price target of $74. In a note dated February 02, 2023, Exane BNP Paribas downgraded an Underperform rating on this stock but restated the target price of $40.
GXO Logistics Inc experienced fluctuations in its stock price throughout the past year between $46.38 and $67.36. Currently, Wall Street analysts expect the stock to reach $66.31 within the next 12 months. GXO Logistics Inc [NYSE: GXO] shares were valued at $55.31 at the most recent close of the market. An investor can expect a potential return of 19.89% based on the average GXO price forecast.
Analyzing the GXO fundamentals
Trailing Twelve Months sales for GXO Logistics Inc [NYSE:GXO] were 9.91B which represents 5.73% growth. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.02%, 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 0.06 and Total Capital is 0.05. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.75.
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 53.41 points at the first support level, and at 51.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 56.88, and for the 2nd resistance point, it is at 58.45.
Ratios To Look Out For
To put it in perspective, the Current Ratio for GXO Logistics Inc [NYSE:GXO] is 0.94. As well, the Quick Ratio is 0.94, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.67, the price to book ratio is 2.30 and price to earnings (TTM) ratio is 39.63.
Transactions by insiders
Recent insider trading involved Wilson Malcolm, Chief Executive Officer, that happened on Jun 11 ’24 when 10000.0 shares were purchased. Director, Ashe Gena L completed a deal on Mar 08 ’24 to sell 13370.0 shares. Meanwhile, Director Ashe Gena L sold 4737.0 shares on Mar 07 ’24.
