GXO Logistics (NYSE:GXO) Raised to Buy at Wall Street Zen

GXO Logistics (NYSE:GXO) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report released on Saturday.

Several other equities research analysts have also commented on GXO. Stifel Nicolaus set a $71.00 price target on shares of GXO Logistics in a research note on Thursday. Citigroup raised their price objective on shares of GXO Logistics from $66.00 to $68.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Weiss Ratings downgraded shares of GXO Logistics from a “sell (d+)” rating to a “sell (d)” rating in a research report on Monday, May 4th. Susquehanna reissued a “positive” rating and set a $82.00 price objective on shares of GXO Logistics in a research report on Thursday, February 12th. Finally, Truist Financial raised their price objective on shares of GXO Logistics from $65.00 to $70.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Ten equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, GXO Logistics presently has a consensus rating of “Moderate Buy” and a consensus target price of $68.83.

GXO Logistics Price Performance

Shares of NYSE:GXO opened at $51.70 on Friday. The company’s fifty day moving average price is $55.25 and its 200 day moving average price is $55.08. GXO Logistics has a 12 month low of $39.15 and a 12 month 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 firm has a market capitalization of $5.95 billion, a P/E ratio of 45.35, a P/E/G ratio of 1.74 and a beta of 1.62.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.37 by $0.13. GXO Logistics had a net margin of 0.98% and a return on equity of 10.55%. The firm had revenue of $3.30 billion for the quarter, compared to analyst estimates of $3.22 billion. During the same period last year, the business earned $0.29 EPS. GXO Logistics’s revenue for the quarter 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. As a group, sell-side analysts predict that GXO Logistics will post 3.02 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of GXO. Cassaday & Co Wealth Management LLC purchased a new stake in shares of GXO Logistics in the first quarter valued at about $104,000. Dimensional Fund Advisors LP boosted its holdings in shares of GXO Logistics by 8.3% in the first quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock valued at $252,318,000 after acquiring an additional 371,391 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of GXO Logistics by 9.4% in the first quarter. Parallel Advisors LLC now owns 2,723 shares of the company’s stock valued at $141,000 after acquiring an additional 233 shares in the last quarter. Swiss National Bank boosted its holdings in shares of GXO Logistics by 0.4% in the first quarter. Swiss National Bank now owns 226,513 shares of the company’s stock valued at $11,745,000 after acquiring an additional 800 shares in the last quarter. Finally, California Public Employees Retirement System boosted its holdings in shares of GXO Logistics by 12.6% in the first quarter. California Public Employees Retirement System now owns 230,369 shares of the company’s stock valued at $11,945,000 after acquiring an additional 25,857 shares in the last quarter. 90.67% of the stock is 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.