GXO Logistics (NYSE:GXO – Get 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.
GXO Logistics Company Profile
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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