GXO Logistics (NYSE:GXO) Sets New 1-Year High – Here’s Why

Shares of GXO Logistics, Inc. (NYSE:GXO) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $58.00 and last traded at $57.99, with a volume of 137375 shares traded. The stock had previously closed at $56.82.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of GXO Logistics in a report on Monday, December 29th. Morgan Stanley upped their price target on shares of GXO Logistics from $58.00 to $70.00 and gave the stock an “overweight” rating in a research note on Monday, December 8th. The Goldman Sachs Group upgraded shares of GXO Logistics from a “neutral” rating to a “buy” rating and raised their price objective for the company from $52.00 to $68.00 in a research note on Wednesday, September 24th. JPMorgan Chase & Co. upped their target price on GXO Logistics from $66.00 to $67.00 and gave the stock an “overweight” rating in a research report on Thursday, November 6th. Finally, UBS Group increased their price target on GXO Logistics from $58.00 to $63.00 and gave the company a “buy” rating in a research note on Friday, October 3rd. Eleven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, GXO Logistics has a consensus rating of “Moderate Buy” and an average price target of $64.38.

GXO Logistics Stock Up 1.1%

The company has a debt-to-equity ratio of 0.73, a current ratio of 0.71 and a quick ratio of 0.71. The stock has a market capitalization of $6.58 billion, a P/E ratio of 75.60, a PEG ratio of 1.81 and a beta of 1.64. The stock’s fifty day moving average is $52.84 and its two-hundred day moving average is $52.45.

GXO Logistics (NYSE:GXO) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.01. The business had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.39 billion. GXO Logistics had a return on equity of 10.45% and a net margin of 0.69%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same period last year, the company posted $0.79 EPS. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. As a group, research analysts predict that GXO Logistics, Inc. will post 2.49 earnings per share for the current fiscal year.

Insider Transactions at GXO Logistics

In other news, Director Todd C. Cooper acquired 6,000 shares of GXO Logistics stock in a transaction on Friday, November 28th. The stock was bought at an average cost of $50.59 per share, with a total value of $303,540.00. Following the completion of the purchase, the director owned 10,040 shares of the company’s stock, valued at $507,923.60. This represents a 148.51% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On GXO Logistics

A number of institutional investors have recently bought and sold shares of the business. Dimensional Fund Advisors LP increased its holdings in shares of GXO Logistics by 3.0% in the 3rd quarter. Dimensional Fund Advisors LP now owns 4,206,334 shares of the company’s stock valued at $222,473,000 after purchasing an additional 121,486 shares during the period. River Road Asset Management LLC increased its stake in GXO Logistics by 5.4% in the 2nd quarter. River Road Asset Management LLC now owns 2,967,046 shares of the company’s stock valued at $147,492,000 after buying an additional 152,561 shares during the period. Alliancebernstein L.P. lifted its position in GXO Logistics by 9.0% in the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock worth $133,287,000 after buying an additional 225,603 shares in the last quarter. Swedbank AB lifted its position in GXO Logistics by 4.2% in the 3rd quarter. Swedbank AB now owns 1,850,000 shares of the company’s stock worth $97,846,000 after buying an additional 75,000 shares in the last quarter. Finally, Parsifal Capital Management LP boosted its stake in shares of GXO Logistics by 77.5% during the 3rd quarter. Parsifal Capital Management LP now owns 1,482,957 shares of the company’s stock valued at $78,434,000 after buying an additional 647,457 shares during the period. 90.67% of the stock is currently owned by institutional investors and hedge funds.

About GXO Logistics

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.