GXO Logistics (NYSE:GXO) Announces Quarterly Earnings Results, Beats Expectations By $0.06 EPS

GXO Logistics (NYSE:GXOGet Free Report) posted its quarterly earnings data on Wednesday. The company reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.94 by $0.06, Zacks reports. GXO Logistics had a net margin of 0.97% and a return on equity of 10.03%. GXO Logistics updated its FY 2025 guidance to 2.400-2.600 EPS.

GXO Logistics Stock Performance

Shares of NYSE GXO opened at $36.44 on Friday. The business has a fifty day simple moving average of $44.61 and a 200 day simple moving average of $50.97. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 40.48, a PEG ratio of 1.19 and a beta of 1.60. GXO Logistics has a one year low of $34.51 and a one year high of $63.33.

Analysts Set New Price Targets

Several research firms recently weighed in on GXO. Loop Capital downgraded shares of GXO Logistics from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $71.00 to $49.00 in a report on Monday, February 3rd. Barclays cut their price target on shares of GXO Logistics from $52.00 to $45.00 and set an “equal weight” rating for the company in a report on Thursday. UBS Group upped their price target on shares of GXO Logistics from $66.00 to $72.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Oppenheimer boosted their price objective on GXO Logistics from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Finally, The Goldman Sachs Group cut their price objective on GXO Logistics from $63.00 to $54.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to data from MarketBeat, GXO Logistics has an average rating of “Moderate Buy” and an average target price of $62.92.

View Our Latest Stock Analysis on GXO

GXO Logistics Company Profile

(Get Free Report)

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.

Further Reading

Earnings History for GXO Logistics (NYSE:GXO)

Receive News & Ratings for GXO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GXO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.