At the time of writing, GXO Logistics Inc [GXO] stock is trading at $46.18, up 0.65%. 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 2.42% over the last week, with a monthly amount glided 7.90%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
GXO Logistics Inc [NYSE: GXO] 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 $60. Previously, Wells Fargo started tracking the stock with Overweight rating on June 07, 2024, and set its price target to $58. On April 25, 2024, TD Cowen reiterated its Buy rating and revised its price target to $80 on the stock. Exane BNP Paribas upgraded its rating to a Neutral but stick to its price target of $50 on March 27, 2024. TD Cowen reiterated its recommendation of a Outperform and raised its price target to $78 on February 15, 2024. TD Cowen reiterated a Outperform rating for this stock on January 12, 2024, and downed its price target to $70. In a note dated August 22, 2023, UBS initiated an Buy rating and provided a target price of $74 on this stock.
For the past year, the stock price of GXO Logistics Inc fluctuated between $41.38 and $63.33. Currently, Wall Street analysts expect the stock to reach $64.25 within the next 12 months. GXO Logistics Inc [NYSE: GXO] shares were valued at $46.18 at the most recent close of the market. An investor can expect a potential return of 39.13% based on the average GXO price forecast.
Analyzing the GXO fundamentals
According to GXO Logistics Inc [NYSE:GXO], the company’s sales were 11.05B for trailing twelve months, which represents an 27.76% jump. Gross Profit Margin for this corporation currently stands at 0.12% with Operating Profit Margin at 0.03%, 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 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.78.
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 45.63 points at the first support level, and at 45.09 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.64, and for the 2nd resistance point, it is at 47.11.
Ratios To Look Out For
It is important to note that GXO Logistics Inc [NYSE:GXO] has a current ratio of 0.86. As well, the Quick Ratio is 0.86, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 0.50, the price to book ratio is 1.78 and price to earnings (TTM) ratio is 51.72.
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.
