Brokerages Set GXO Logistics, Inc. (NYSE:GXO) Price Target at $70.07

GXO Logistics, Inc. (NYSE:GXO) has earned a consensus recommendation of “Moderate Buy” from the fifteen analysts that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and twelve have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $70.0714.

Several brokerages recently issued reports on GXO. Morgan Stanley lifted their price objective on GXO Logistics from $75.00 to $78.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Citigroup started coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market outperform” rating for the company. Truist Financial reduced their price objective on GXO Logistics from $70.00 to $55.00 and set a “buy” rating on the stock in a research report on Wednesday, July 15th. Stifel Nicolaus decreased their price objective 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. Finally, Wall Street Zen downgraded shares of GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Comerica Bank boosted its stake in GXO Logistics by 76.2% in the 4th quarter. Comerica Bank now owns 122,446 shares of the company’s stock worth $6,446,000 after buying an additional 52,950 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of GXO Logistics by 1,381.4% during the 4th quarter. SG Americas Securities LLC now owns 203,407 shares of the company’s stock valued at $10,707,000 after acquiring an additional 189,676 shares during the last quarter. Hudson Bay Capital Management LP increased its stake in shares of GXO Logistics by 115.1% during the 3rd quarter. Hudson Bay Capital Management LP now owns 109,071 shares of the company’s stock valued at $5,769,000 after acquiring an additional 58,375 shares during the last quarter. Exchange Traded Concepts LLC lifted its holdings in shares of GXO Logistics by 16.8% during the 4th quarter. Exchange Traded Concepts LLC now owns 250,057 shares of the company’s stock worth $13,163,000 after acquiring an additional 36,036 shares during the period. Finally, Maxi Investments CY Ltd purchased a new position in shares of GXO Logistics during the 4th quarter worth about $1,748,000. Hedge funds and other institutional investors own 90.67% of the company’s stock.

GXO Logistics Stock Performance

NYSE:GXO opened at $54.09 on Friday. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.88. The company has a market capitalization of $6.22 billion, a P/E ratio of 47.45, a price-to-earnings-growth ratio of 1.75 and a beta of 1.55. The firm has a 50-day moving average price of $49.91 and a two-hundred day moving average price of $54.24. GXO Logistics has a twelve month low of $45.40 and a twelve month high of $66.85.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.13. The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The company’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. As a group, research analysts expect that GXO Logistics will post 3.07 earnings per share for the current fiscal 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.