GXO Logistics, Inc. (NYSE:GXO) Receives $62.62 Average PT from Analysts

GXO Logistics, Inc. (NYSE:GXO) has been given a consensus rating of “Moderate Buy” by the fourteen analysts that are presently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and eleven have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $62.6154.

A number of equities analysts recently weighed in on the stock. UBS Group lifted their target price on shares of GXO Logistics from $58.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Truist Financial set a $65.00 price objective on GXO Logistics in a research report on Tuesday, October 14th. The Goldman Sachs Group raised GXO Logistics from a “neutral” rating to a “buy” rating and boosted their price objective for the company from $52.00 to $68.00 in a research note on Wednesday, September 24th. JPMorgan Chase & Co. raised their target price on GXO Logistics from $66.00 to $67.00 and gave the stock an “overweight” rating in a research note on Thursday, November 6th. Finally, Stifel Nicolaus dropped their price target on GXO Logistics from $67.00 to $66.00 and set a “buy” rating on the stock in a research note on Tuesday, December 16th.

Insider Buying and Selling at GXO Logistics

In related news, Director Todd C. Cooper bought 6,000 shares of the company’s stock in a transaction that occurred on Friday, November 28th. The shares were bought at an average price of $50.59 per share, for a total transaction of $303,540.00. Following the transaction, the director directly owned 10,040 shares of the company’s stock, valued at approximately $507,923.60. The trade was a 148.51% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 2.30% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On GXO Logistics

Several institutional investors have recently made changes to their positions in GXO. Allworth Financial LP boosted its position in shares of 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. Accredited Wealth Management LLC boosted its holdings in GXO Logistics by 1,100.0% in the third quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after acquiring an additional 550 shares in the last quarter. Chapman Financial Group LLC bought a new stake in shares of GXO Logistics during the second quarter valued at approximately $34,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of GXO Logistics by 72.1% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 945 shares of the company’s stock valued at $37,000 after acquiring an additional 396 shares in the last quarter. Finally, Farther Finance Advisors LLC increased its holdings in shares of GXO Logistics by 177.9% during the third quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock valued at $41,000 after acquiring an additional 491 shares in the last quarter. Institutional investors and hedge funds own 90.67% of the company’s stock.

GXO Logistics Price Performance

Shares of GXO opened at $54.28 on Monday. The business has a 50-day moving average of $52.05 and a 200-day moving average of $51.77. 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 company has a market capitalization of $6.21 billion, a price-to-earnings ratio of 71.42, a price-to-earnings-growth ratio of 1.77 and a beta of 1.64. GXO Logistics has a 1 year low of $30.46 and a 1 year high of $57.99.

GXO Logistics (NYSE:GXO) last announced its earnings results on Tuesday, November 4th. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.78 by $0.01. GXO Logistics had a return on equity of 10.45% and a net margin of 0.69%.The business had revenue of $3.40 billion for the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the prior year, the business posted $0.79 earnings per share. The firm’s revenue was up 7.5% on a year-over-year basis. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. As a group, equities research analysts anticipate that GXO Logistics will post 2.49 earnings per share for the current year.

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.