GXO Logistics, Inc. (NYSE:GXO) Stock Has Average Price Target of $63.93

GXO Logistics, Inc. (NYSE:GXO) has been assigned an average rating of “Moderate Buy” from the fifteen analysts that are covering the stock, Marketbeat reports. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $63.79.

Several research analysts recently issued reports on GXO shares. Wells Fargo & Company assumed coverage on GXO Logistics in a research note on Tuesday, July 28th. They issued an “overweight” rating and a $18.00 price objective on the stock. Stephens initiated coverage on GXO Logistics in a research report on Wednesday, July 8th. They set an “overweight” rating and a $75.00 target price for the company. Citigroup started coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market outperform” rating for the company. Weiss Ratings raised GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Finally, Citizens Jmp started coverage on GXO Logistics in a research note on Wednesday, July 15th. They set a “market perform” rating and a $80.00 price target on the stock.

Institutional Investors Weigh In On GXO Logistics

Several hedge funds have recently modified their holdings of the business. Trust Co. of Vermont bought a new stake in GXO Logistics during the second quarter valued at about $37,000. Integrated Wealth Concepts LLC bought a new position in GXO Logistics in the second quarter worth about $48,000. Nykredit A S purchased a new stake in shares of GXO Logistics during the second quarter valued at about $73,000. Cassaday & Co Wealth Management LLC purchased a new stake in shares of GXO Logistics during the first quarter valued at about $104,000. Finally, Rockefeller Capital Management L.P. boosted its holdings in shares of GXO Logistics by 42.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 2,233 shares of the company’s stock valued at $118,000 after buying an additional 665 shares in the last quarter. Hedge funds and other institutional investors own 90.67% of the company’s stock.

GXO Logistics Trading Up 1.2%

Shares of GXO opened at $46.53 on Wednesday. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 41.18, a PEG ratio of 1.43 and a beta of 1.57. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.79 and a quick ratio of 0.79. GXO Logistics has a 1-year low of $43.61 and a 1-year high of $66.85. The company has a 50-day moving average of $47.31 and a 200 day moving average of $50.19.

GXO Logistics (NYSE:GXO) last issued its earnings results on Tuesday, August 4th. The company reported $0.59 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.01. The business had revenue of $3.44 billion for the quarter, compared to the consensus estimate of $3.46 billion. GXO Logistics had a net margin of 0.96% and a return on equity of 10.57%. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.57 EPS. GXO Logistics has set its FY 2026 guidance at 2.950-3.150 EPS. On average, research analysts expect that GXO Logistics will post 3.06 EPS for the current year.

About GXO Logistics

GXO Logistics, Inc (NYSE:GXO) is a contract logistics company that manages supply chain operations for businesses across a range of industries, including retail, consumer goods, technology, healthcare, food and beverage, and industrial products. Its services are designed to help customers store, move and fulfill merchandise and materials efficiently.

The company provides warehousing and distribution, order fulfillment, transportation management, reverse logistics, and value-added services such as product processing, packaging and returns management.