GXO Logistics (NYSE:GXO) Hits New 12-Month High – Should You Buy?

GXO Logistics, Inc. (NYSE:GXO) hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $58.00 and last traded at $57.7670, with a volume of 70603 shares trading hands. The stock had previously closed at $57.73.

Wall Street Analyst Weigh In

GXO has been the topic of a number of recent research reports. Truist Financial set a $65.00 price objective on shares of GXO Logistics in a report on Tuesday, October 14th. The Goldman Sachs Group upgraded GXO Logistics from a “neutral” rating to a “buy” rating and upped their price target for the stock from $52.00 to $68.00 in a research note on Wednesday, September 24th. Stifel Nicolaus reduced their price objective on GXO Logistics from $67.00 to $66.00 and set a “buy” rating for the company in a research report on Tuesday, December 16th. Morgan Stanley boosted their target price on GXO Logistics from $58.00 to $70.00 and gave the stock an “overweight” rating in a report on Monday, December 8th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of GXO Logistics in a report on Monday, December 29th. Eleven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $64.38.

GXO Logistics Stock Performance

The business’s fifty day moving average price is $52.21 and its 200-day moving average price is $52.14. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.71 and a current ratio of 0.71. The stock has a market cap of $6.59 billion, a PE ratio of 75.74, a P/E/G ratio of 1.85 and a beta of 1.64.

GXO Logistics (NYSE:GXO) last released its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.01. GXO Logistics had a net margin of 0.69% and a return on equity of 10.45%. The firm had revenue of $3.40 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the previous year, the company earned $0.79 earnings per share. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. As a group, equities research analysts forecast that GXO Logistics, Inc. will post 2.49 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Todd C. Cooper bought 6,000 shares of the stock in a transaction on Friday, November 28th. The shares were bought at an average price of $50.59 per share, with a total value of $303,540.00. Following the completion of the acquisition, the director owned 10,040 shares in the company, valued at $507,923.60. The trade was a 148.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 2.30% of the company’s stock.

Hedge Funds Weigh In On GXO Logistics

Several institutional investors have recently made changes to their positions in GXO. Allworth Financial LP increased its holdings in GXO Logistics by 175.0% during the third quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after buying an additional 329 shares during the last quarter. Accredited Wealth Management LLC grew its position in shares of GXO Logistics by 1,100.0% during the 3rd quarter. Accredited Wealth Management LLC now owns 600 shares of the company’s stock valued at $32,000 after acquiring an additional 550 shares during the period. Chapman Financial Group LLC purchased a new stake in shares of GXO Logistics in the 2nd quarter worth $34,000. Farther Finance Advisors LLC raised its holdings in GXO Logistics by 177.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 767 shares of the company’s stock worth $41,000 after purchasing an additional 491 shares during the period. Finally, Hantz Financial Services Inc. lifted its position in GXO Logistics by 1,964.4% during the second quarter. Hantz Financial Services Inc. now owns 929 shares of the company’s stock valued at $45,000 after purchasing an additional 884 shares in the last quarter. Institutional investors own 90.67% of the company’s stock.

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.