GXO Logistics, Inc. (NYSE:GXO – Get Free Report) has been assigned an average recommendation of “Moderate Buy” from the thirteen ratings firms that are currently covering the stock, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month target price among analysts that have covered the stock in the last year is $68.8333.
Several analysts have recently issued reports on GXO shares. The Goldman Sachs Group cut shares of GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target on the stock. in a research report on Wednesday, March 4th. Wells Fargo & Company reduced their price target on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research report on Thursday. Weiss Ratings cut shares of GXO Logistics from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Citigroup increased their price target on shares of GXO Logistics from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Finally, Truist Financial increased their price target on shares of GXO Logistics from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th.
Read Our Latest Stock Analysis on GXO Logistics
GXO Logistics Stock Down 0.4%
GXO Logistics (NYSE:GXO – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.37 by $0.13. The business had revenue of $3.30 billion for the quarter, compared to analysts’ expectations of $3.22 billion. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The business’s quarterly revenue was up 10.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.29 earnings per share. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Analysts forecast that GXO Logistics will post 3.02 earnings per share for the current fiscal year.
Institutional Trading of GXO Logistics
Hedge funds have recently added to or reduced their stakes in the company. Allworth Financial LP raised its holdings in GXO Logistics by 175.0% in the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after acquiring an additional 329 shares in the last quarter. Accredited Wealth Management LLC raised 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 valued at $32,000 after acquiring an additional 550 shares in the last quarter. Chapman Financial Group LLC acquired a new stake in GXO Logistics in the second quarter valued at approximately $34,000. Farther Finance Advisors LLC raised its holdings in GXO Logistics by 177.9% in 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. Finally, Quent Capital LLC acquired a new stake in GXO Logistics in the third quarter valued at approximately $50,000. Institutional investors and hedge funds own 90.67% of the company’s stock.
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.
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