GXO Logistics (NYSE:GXO – Get Free Report) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 2.430-2.630 for the period, compared to the consensus earnings per share estimate of 2.490. The company issued revenue guidance of -.
Analyst Ratings Changes
Several research firms have recently issued reports on GXO. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of GXO Logistics in a research report on Wednesday, October 8th. Susquehanna upped their target price on GXO Logistics from $58.00 to $60.00 and gave the company a “positive” rating in a research report on Thursday, August 7th. Morgan Stanley decreased their target price on GXO Logistics from $60.00 to $58.00 and set an “overweight” rating for the company in a research report on Monday, October 6th. UBS Group upped their target price on GXO Logistics from $58.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, October 3rd. Finally, Oppenheimer upped their target price on GXO Logistics from $55.00 to $62.00 and gave the company an “outperform” rating in a research report on Thursday, August 7th. Eleven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $61.57.
Read Our Latest Analysis on GXO
GXO Logistics Stock Performance
GXO Logistics (NYSE:GXO – Get Free Report) last posted its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 EPS for the quarter, meeting the consensus estimate of $0.79. GXO Logistics had a return on equity of 10.45% and a net margin of 0.50%. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. Equities research analysts predict that GXO Logistics will post 2.49 earnings per share for the current year.
Institutional Trading of GXO Logistics
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. California Public Employees Retirement System raised its stake in GXO Logistics by 9.0% during the 2nd quarter. California Public Employees Retirement System now owns 152,238 shares of the company’s stock valued at $7,414,000 after acquiring an additional 12,590 shares during the last quarter. Alliancebernstein L.P. raised its stake in shares of GXO Logistics by 9.0% during the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock worth $133,287,000 after buying an additional 225,603 shares in the last quarter. Diversify Wealth Management LLC purchased a new position in shares of GXO Logistics during the 2nd quarter worth approximately $217,000. Quantinno Capital Management LP raised its stake in shares of GXO Logistics by 44.4% during the 2nd quarter. Quantinno Capital Management LP now owns 19,675 shares of the company’s stock worth $958,000 after buying an additional 6,049 shares in the last quarter. Finally, Occudo Quantitative Strategies LP purchased a new position in shares of GXO Logistics during the 2nd quarter worth approximately $367,000. 90.67% of the stock is owned by hedge funds and other institutional investors.
About GXO Logistics
GXO Logistics, Inc, together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others.
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