RXO (NYSE:RXO) Price Target Raised to $18.00 at Susquehanna

RXO (NYSE:RXO) had its price objective raised by research analysts at Susquehanna from $14.00 to $18.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “negative” rating on the stock. Susquehanna’s price target suggests a potential downside of 21.67% from the company’s previous close.

Other analysts have also recently issued reports about the stock. Stifel Nicolaus set a $15.00 price objective on shares of RXO in a research note on Thursday, February 5th. Citigroup boosted their target price on shares of RXO from $15.00 to $18.00 and gave the company a “neutral” rating in a research note on Monday, February 9th. Bank of America decreased their target price on shares of RXO from $17.00 to $15.00 and set a “neutral” rating for the company in a research note on Wednesday, March 25th. Zacks Research upgraded shares of RXO from a “strong sell” rating to a “hold” rating in a research note on Monday, April 6th. Finally, Wells Fargo & Company set a $22.00 target price on shares of RXO in a research note on Friday. Two analysts have rated the stock with a Buy rating, ten have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat.com, RXO currently has a consensus rating of “Reduce” and a consensus price target of $17.85.

RXO Stock Performance

Shares of NYSE RXO opened at $22.98 on Friday. The company has a current ratio of 1.27, a quick ratio of 1.27 and a debt-to-equity ratio of 0.25. RXO has a 12 month low of $10.43 and a 12 month high of $23.37. The company has a 50 day simple moving average of $15.96 and a two-hundred day simple moving average of $15.01. The stock has a market cap of $3.78 billion, a price-to-earnings ratio of -39.63, a PEG ratio of 35.08 and a beta of 1.96.

RXO (NYSE:RXO) last announced its quarterly earnings data on Thursday, May 7th. The company reported ($0.09) EPS for the quarter, meeting the consensus estimate of ($0.09). RXO had a negative net margin of 1.74% and a negative return on equity of 0.44%. The business had revenue of $1.43 billion during the quarter, compared to analysts’ expectations of $1.34 billion. During the same period in the previous year, the business posted ($0.03) EPS. The business’s quarterly revenue was down .6% compared to the same quarter last year. As a group, analysts predict that RXO will post 0.02 earnings per share for the current year.

Hedge Funds Weigh In On RXO

Several large investors have recently made changes to their positions in the company. Orbis Allan Gray Ltd lifted its stake in shares of RXO by 6.5% in the 4th quarter. Orbis Allan Gray Ltd now owns 34,677,755 shares of the company’s stock valued at $438,327,000 after purchasing an additional 2,104,597 shares during the period. Vanguard Group Inc. raised its position in RXO by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 17,309,811 shares of the company’s stock worth $218,796,000 after acquiring an additional 93,130 shares during the period. Wellington Management Group LLP raised its position in RXO by 7.9% during the third quarter. Wellington Management Group LLP now owns 9,998,681 shares of the company’s stock worth $153,780,000 after acquiring an additional 735,810 shares during the period. Finepoint Capital LP acquired a new position in RXO during the third quarter worth $111,764,000. Finally, State Street Corp raised its position in RXO by 3.7% during the fourth quarter. State Street Corp now owns 6,370,232 shares of the company’s stock worth $80,520,000 after acquiring an additional 230,053 shares during the period. 92.73% of the stock is currently owned by institutional investors and hedge funds.

More RXO News

Here are the key news stories impacting RXO this week:

• Positive Sentiment: Company issued upbeat Q2 outlook — RXO expects $27M–$37M in adjusted EBITDA and said contract rates are trending to high-single-digit gains, a clear near-term profitability signal for investors. RXO expects $27M-$37M Q2 adjusted EBITDA
• Positive Sentiment: Q1 revenue topped Street estimates ($1.43B vs. ~$1.34B expected) and management emphasized improving truckload volumes and a stronger brokerage sales pipeline — supporting the outlook and prompting investor relief. RXO Announces First-Quarter Results and Second-Quarter Outlook
• Positive Sentiment: Media coverage highlights a tech turnaround and that earnings/guidance helped allay Amazon-related competitive concerns — narrative that can sustain multiple expansion as investors price in execution on the tech stack and brokerage growth. RXO’s tech turnaround: why investors are watching
• Neutral Sentiment: Reported EPS of ($0.09) matched consensus, and some outlets characterize the quarter as a miss on profitability but a beat on revenue — a mixed print that leaves valuation sensitive to execution on guidance. RXO (RXO) Reports Q1 Loss, Tops Revenue Estimates
• Negative Sentiment: CEO Drew Wilkerson warned “we’re still nowhere near normalized earnings,” underscoring that margin recovery is incomplete and that investors should expect more operating volatility before sustainable profits. We’re still nowhere near normalized earnings right now, says RXO CEO Drew Wilkerson
• Negative Sentiment: GAAP metrics remain weak: EPS declined year-over-year (from -$0.03 to -$0.09) and net margin stayed negative, leaving the stock dependent on successful execution of the guidance and margin improvement. RXO misses first-quarter estimates but stock gains 3% on outlook

RXO Company Profile

RXO Inc (NYSE: RXO) is a leading asset-light provider of digital freight brokerage and managed transportation solutions. The company leverages a proprietary technology platform to connect shippers with a network of third-party carriers, enabling optimized route planning, real-time shipment tracking, and dynamic pricing. RXO’s end-to-end service model spans full truckload, less-than-truckload (LTL), intermodal and cross-border freight movements, designed to improve efficiency and reduce transportation costs for its customers.

Operating primarily across North America, RXO serves a diverse base of shippers in industries ranging from retail and consumer goods to manufacturing and automotive.