At the time of writing, RXO Inc [RXO] stock is trading at $21.65, down -1.99%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The RXO shares have gain 3.69% over the last week, with a monthly amount drifted -14.12%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Citigroup downgraded its rating to Neutral on November 12, 2024, and kept the price target unchanged to $33. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $33 on October 09, 2024. TD Cowen reiterated a Hold rating for this stock on May 03, 2024, and upped its price target to $20. In a note dated February 09, 2024, TD Cowen reiterated an Market Perform rating on this stock and boosted its target price from $16.50 to $19.50.
For the past year, the stock price of RXO Inc fluctuated between $18.75 and $32.82. Currently, Wall Street analysts expect the stock to reach $28 within the next 12 months. RXO Inc [NYSE: RXO] shares were valued at $21.65 at the most recent close of the market. An investor can expect a potential return of 29.33% based on the average RXO price forecast.
Analyzing the RXO fundamentals
According to RXO Inc [NYSE:RXO], the company’s sales were 4.55B for trailing twelve months, which represents an 70.45% jump. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -0.01%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.09%. To continue investigating profitability, this company’s Return on Assets is posted at -127.6, Equity is -0.91 and Total Capital is -22.77. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.41.
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 21.31 points at the first support level, and at 20.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.00, and for the 2nd resistance point, it is at 22.34.
Ratios To Look Out For
It is important to note that RXO Inc [NYSE:RXO] has a current ratio of 1.26. In addition, the Quick Ratio stands at 1.33 and the Cash Ratio stands at 0.03. Considering the valuation of this stock, the price to sales ratio is 0.77, the price to book ratio is 2.18.
Transactions by insiders
Recent insider trading involved Nettles Michelle, Director, that happened on Nov 12 ’24 when 1800.0 shares were purchased. 10% Owner, MFN Partners, LP completed a deal on Aug 12 ’24 to buy 10.27 million shares. Meanwhile, 10% Owner MFN Partners, LP bought 61.0 shares on May 09 ’24.
