GXO Logistics Sees Unusually High Options Volume (NYSE:GXO)

GXO Logistics, Inc. (NYSE:GXO) saw unusually large options trading on Thursday. Stock traders acquired 20,035 put options on the stock. This is an increase of approximately 805% compared to the average daily volume of 2,213 put options.

GXO Logistics Trading Up 0.7%

GXO opened at $50.27 on Friday. GXO Logistics has a fifty-two week low of $43.61 and a fifty-two week high of $66.85. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79. The company has a market cap of $5.77 billion, a price-to-earnings ratio of 44.49, a price-to-earnings-growth ratio of 1.56 and a beta of 1.57. The firm has a 50 day simple moving average of $46.86 and a 200 day simple moving average of $51.83.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data on Tuesday, August 4th. The company reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The firm had revenue of $3.44 billion during the quarter, compared to analysts’ expectations of $3.46 billion. During the same quarter in the previous year, the company earned $0.57 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, sell-side analysts anticipate that GXO Logistics will post 3.05 earnings per share for the current year.

Institutional Investors Weigh In On GXO Logistics

A number of institutional investors have recently modified their holdings of GXO. GAMMA Investing LLC grew its stake in shares of GXO Logistics by 14.3% during the third quarter. GAMMA Investing LLC now owns 1,841 shares of the company’s stock worth $82,000 after purchasing an additional 231 shares in the last quarter. Parallel Advisors LLC lifted its holdings in GXO Logistics by 9.4% in the first quarter. Parallel Advisors LLC now owns 2,723 shares of the company’s stock valued at $141,000 after acquiring an additional 233 shares during the period. Nisa Investment Advisors LLC grew its holdings in GXO Logistics by 9.4% in the third quarter. Nisa Investment Advisors LLC now owns 2,849 shares of the company’s stock valued at $127,000 after purchasing an additional 245 shares during the last quarter. Hsbc Holdings PLC lifted its position in shares of GXO Logistics by 3.0% in the first quarter. Hsbc Holdings PLC now owns 11,953 shares of the company’s stock valued at $620,000 after acquiring an additional 352 shares in the last quarter. Finally, R Squared Ltd grew its position in shares of GXO Logistics by 8.3% in the first quarter. R Squared Ltd now owns 4,932 shares of the company’s stock valued at $256,000 after purchasing an additional 377 shares during the period. 90.67% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on GXO shares. UBS Group decreased their price objective on shares of GXO Logistics from $74.00 to $64.00 and set a “buy” rating for the company in a research report on Thursday, August 6th. Wall Street Zen lowered shares of GXO Logistics from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Morgan Stanley boosted their target price on shares of GXO Logistics from $75.00 to $78.00 and gave the company an “overweight” rating in a research note on Monday, July 6th. Susquehanna dropped their price objective on GXO Logistics from $62.00 to $60.00 and set a “positive” rating on the stock in a research note on Friday, October 2nd. Finally, The Goldman Sachs Group upgraded GXO Logistics from a “neutral” rating to a “buy” rating and set a $61.00 price objective on the stock in a report on Wednesday, October 14th. Thirteen research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $63.29.

GXO Logistics Company Profile

GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses worldwide. Its services include warehousing, distribution, order fulfillment, transportation management, reverse logistics, and other value-added supply chain solutions.

The company supports customers across sectors such as retail, consumer goods, technology, healthcare, and industrial manufacturing. GXO uses warehouse automation, robotics, data analytics, and other technology to help customers improve inventory management, delivery speed, and operational efficiency.

GXO was formed through the spin-off of XPO’s logistics segment and began operating as an independent public company in 2021.