GXO Logistics (NYSE:GXO) Upgraded by Wall Street Zen to Buy Rating

Wall Street Zen upgraded shares of GXO Logistics (NYSE:GXO) from a hold rating to a buy rating in a research note released on Saturday morning.

Several other equities analysts have also commented on GXO. UBS Group upped their price objective on shares of GXO Logistics from $63.00 to $74.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Stifel Nicolaus set a $71.00 price objective on shares of GXO Logistics in a report on Thursday. Citigroup upped their price objective on shares of GXO Logistics from $66.00 to $68.00 and gave the stock a “buy” rating in a report on Wednesday, February 11th. Oppenheimer restated an “outperform” rating and issued a $70.00 price objective on shares of GXO Logistics in a report on Thursday, February 12th. Finally, Truist Financial upped their price objective on shares of GXO Logistics from $65.00 to $70.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Ten equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, GXO Logistics has an average rating of “Moderate Buy” and an average target price of $68.83.

GXO Logistics Stock Performance

GXO Logistics stock opened at $51.70 on Friday. The firm has a 50 day simple moving average of $55.25 and a 200-day simple moving average of $55.08. GXO Logistics has a 1-year low of $39.15 and a 1-year high of $66.85. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The stock has a market cap of $5.95 billion, a price-to-earnings ratio of 45.35, a price-to-earnings-growth ratio of 1.74 and a beta of 1.62.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business had revenue of $3.30 billion during the quarter, compared to analysts’ expectations of $3.22 billion. During the same quarter in the prior year, the company posted $0.29 EPS. The business’s revenue for the quarter was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, analysts expect that GXO Logistics will post 3.02 EPS for the current year.

Institutional Investors Weigh In On GXO Logistics

Large investors have recently added to or reduced their stakes in the business. 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 buying an additional 329 shares during the period. Accredited Wealth Management LLC increased its stake in GXO Logistics by 1,100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock worth $32,000 after buying an additional 550 shares during the period. Chapman Financial Group LLC purchased a new stake in GXO Logistics during the 2nd quarter worth approximately $34,000. Farther Finance Advisors LLC increased its stake in GXO Logistics by 177.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock worth $41,000 after buying an additional 491 shares during the period. Finally, Quent Capital LLC purchased a new stake in GXO Logistics during the 3rd quarter worth approximately $50,000. 90.67% of the stock is owned by hedge funds and other 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.