Brokerages Set GXO Logistics, Inc. (NYSE:GXO) Target Price at $63.93

GXO Logistics, Inc. (NYSE:GXO) has received a consensus rating of “Moderate Buy” from the fifteen ratings firms that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $63.9286.

Several research firms have recently commented on GXO. Citizens Jmp initiated coverage on GXO Logistics in a research note on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 target price for the company. Stifel Nicolaus cut their price target on GXO Logistics from $71.00 to $70.00 and set a “buy” rating on the stock in a research note on Wednesday, July 15th. Oppenheimer set a $61.00 price target on GXO Logistics in a report on Thursday, August 6th. Citigroup began coverage on GXO Logistics in a research report on Wednesday, July 15th. They issued a “market outperform” rating for the company. Finally, Wall Street Zen cut GXO Logistics from a “buy” rating to a “hold” rating in a report on Saturday, July 4th.

GXO Logistics Price Performance

Shares of GXO Logistics stock opened at $48.39 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79. GXO Logistics has a fifty-two week low of $45.00 and a fifty-two week high of $66.85. The firm has a fifty day moving average price of $49.67 and a two-hundred day moving average price of $52.03. The company has a market cap of $5.55 billion, a PE ratio of 42.82, a price-to-earnings-growth ratio of 1.50 and a beta of 1.54.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. GXO Logistics had a return on equity of 10.57% and a net margin of 0.96%.The company had revenue of $3.44 billion during the quarter, compared to the consensus estimate of $3.46 billion. During the same quarter last year, the company earned $0.57 EPS. The company’s quarterly revenue was up 4.3% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. Analysts expect that GXO Logistics will post 3.06 EPS for the current year.

Institutional Trading of GXO Logistics

A number of institutional investors and hedge funds have recently modified their holdings of GXO. Allworth Financial LP increased its stake in GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock worth $27,000 after purchasing an additional 329 shares in the last quarter. Chapman Financial Group LLC acquired a new position in shares of GXO Logistics in the second quarter valued at approximately $34,000. Trust Co. of Vermont acquired a new position in shares of GXO Logistics in the second quarter valued at approximately $37,000. Nykredit A S bought a new stake in shares of GXO Logistics during the second quarter worth $73,000. Finally, Geneos Wealth Management Inc. increased its position in shares of GXO Logistics by 4,775.6% during the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after acquiring an additional 1,958 shares in the last quarter. 90.67% of the stock is owned by institutional investors.

GXO Logistics Company Profile

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.