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

GXO Logistics, Inc. (NYSE:GXO) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as $58.19 and last traded at $57.6150, with a volume of 796473 shares changing hands. The stock had previously closed at $57.92.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Susquehanna raised their price target on shares of GXO Logistics from $64.00 to $80.00 and gave the stock a “positive” rating in a report on Thursday, January 8th. Wells Fargo & Company lifted their price target on GXO Logistics from $60.00 to $65.00 and gave the company an “overweight” rating in a research report on Monday, October 6th. UBS Group increased their target price on shares of GXO Logistics from $58.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, October 3rd. Stifel Nicolaus cut their price target on shares of GXO Logistics from $67.00 to $66.00 and set a “buy” rating for the company in a report on Tuesday, December 16th. Finally, Deutsche Bank Aktiengesellschaft raised GXO Logistics from a “hold” rating to a “buy” rating and set a $64.00 target price for the company in a report on Thursday, November 6th. Eleven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, GXO Logistics presently has an average rating of “Moderate Buy” and an average price target of $64.38.

GXO Logistics Price Performance

The firm has a market cap of $6.47 billion, a price-to-earnings ratio of 74.40, a P/E/G ratio of 1.89 and a beta of 1.64. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.73. The stock’s fifty day moving average price is $53.97 and its 200-day moving average price is $52.72.

GXO Logistics (NYSE:GXO) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.01. GXO Logistics had a return on equity of 10.45% and a net margin of 0.69%.The company had revenue of $3.40 billion during the quarter, compared to analyst estimates of $3.39 billion. During the same period in the prior year, the business posted $0.79 earnings per share. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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 earnings per share for the current fiscal year.

Insider Activity

In related news, Director Todd C. Cooper acquired 6,000 shares of the firm’s stock in a transaction dated Friday, November 28th. The shares were purchased at an average cost of $50.59 per share, for a total transaction of $303,540.00. Following 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 position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 2.30% of the company’s stock.

Institutional Investors Weigh In On GXO Logistics

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

About GXO Logistics

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.