A share price of RXO Inc [RXO] is currently trading at $31.90, up 13.12%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The RXO shares have gain 9.77% over the last week, with a monthly amount glided 15.50%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
RXO Inc [NYSE: RXO] stock has seen the most recent analyst activity on October 09, 2024, when Citigroup initiated its Buy rating and assigned the stock a price target of $33. On May 03, 2024, TD Cowen reiterated its Hold rating and revised its price target to $20 on the stock. TD Cowen reiterated its Market Perform rating and increased its price target to $19.50 on February 09, 2024. BofA Securities downgraded its rating to a Neutral. Vertical Research downgraded its rating to Hold for this stock on January 10, 2024. In a note dated October 11, 2023, JP Morgan downgraded an Underweight rating on this stock and revised its target price from $17 to $16.
RXO Inc experienced fluctuations in its stock price throughout the past year between $17.17 and $32.82. Currently, Wall Street analysts expect the stock to reach $23.7 within the next 12 months. RXO Inc [NYSE: RXO] shares were valued at $31.90 at the most recent close of the market. An investor can expect a potential drop of -25.71% based on the average RXO price forecast.
Analyzing the RXO fundamentals
Trailing Twelve Months sales for RXO Inc [NYSE:RXO] were 3.80B which represents -3.43% decline. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at -0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.04 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.76.
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 30.80 points at the first support level, and at 29.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 32.49, and for the 2nd resistance point, it is at 33.08.
Ratios To Look Out For
To put it in perspective, the Current Ratio for RXO Inc [NYSE:RXO] is 1.17. Also, the Quick Ratio is 1.17, while the Cash Ratio stands at 0.01. Considering the valuation of this stock, the price to sales ratio is 1.35, the price to book ratio is 6.48.
Transactions by insiders
Recent insider trading involved MFN Partners, LP, 10% Owner, that happened on Aug 12 ’24 when 10.27 million shares were purchased. 10% Owner, MFN Partners, LP completed a deal on May 09 ’24 to buy 61.0 shares. Meanwhile, 10% Owner MFN Partners, LP bought 361.0 shares on May 06 ’24.
