GXO Logistics, Inc. (NYSE:GXO) Receives $69.92 Average Price Target from Brokerages

Shares of GXO Logistics, Inc. (NYSE:GXO) have been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, one has assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $69.9167.

Several research firms have recently weighed in on GXO. Barclays upgraded shares of GXO Logistics from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $58.00 to $65.00 in a research note on Wednesday, May 27th. Weiss Ratings lowered shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, June 1st. Wells Fargo & Company lowered their target price on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a report on Thursday, May 7th. Wall Street Zen raised GXO Logistics from a “hold” rating to a “buy” rating in a report on Sunday, May 31st. Finally, The Goldman Sachs Group cut GXO Logistics from a “buy” rating to a “neutral” rating and set a $68.00 price target for the company. in a research report on Wednesday, March 4th.

GXO Logistics Stock Performance

Shares of GXO opened at $50.22 on Monday. GXO Logistics has a 1 year low of $45.40 and a 1 year high of $66.85. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The stock’s fifty day moving average price is $51.04 and its two-hundred day moving average price is $54.42. The firm has a market cap of $5.78 billion, a PE ratio of 44.05, a PEG ratio of 1.69 and a beta of 1.56.

GXO Logistics (NYSE:GXO) last posted its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 earnings per share for the quarter, topping the consensus estimate of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The company had revenue of $3.30 billion during the quarter, compared to the consensus estimate of $3.22 billion. During the same quarter in the prior year, the company earned $0.29 EPS. The firm’s quarterly revenue was up 10.8% compared to the same quarter last year. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, equities research analysts forecast that GXO Logistics will post 3.06 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in GXO. WINTON GROUP Ltd bought a new position in GXO Logistics in the 3rd quarter worth about $11,960,000. Dimensional Fund Advisors LP increased its position in shares of GXO Logistics by 3.0% in the third quarter. Dimensional Fund Advisors LP now owns 4,206,334 shares of the company’s stock worth $222,473,000 after purchasing an additional 121,486 shares during the last quarter. William Blair Investment Management LLC raised its stake in GXO Logistics by 24.5% in the third quarter. William Blair Investment Management LLC now owns 660,919 shares of the company’s stock valued at $34,956,000 after purchasing an additional 129,920 shares in the last quarter. Comerica Bank raised its stake in GXO Logistics by 76.2% in the fourth quarter. Comerica Bank now owns 122,446 shares of the company’s stock valued at $6,446,000 after purchasing an additional 52,950 shares in the last quarter. Finally, Penn Capital Management Company LLC lifted its position in GXO Logistics by 41.6% during the third quarter. Penn Capital Management Company LLC now owns 317,342 shares of the company’s stock valued at $16,826,000 after purchasing an additional 93,286 shares during the last quarter. 90.67% of the stock is currently owned by hedge funds and other institutional investors.

GXO Logistics Company Profile

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.