GXO Logistics (NYSE:GXO) Research Coverage Started at Citizens Jmp

Citizens Jmp assumed coverage on shares of GXO Logistics (NYSE:GXO) in a research report released on Wednesday morning, MarketBeat.com reports. The firm issued a market perform rating and a $80.00 price objective on the stock.

A number of other brokerages also recently issued reports on GXO. Wall Street Zen downgraded shares of GXO Logistics from a “buy” rating to a “hold” rating in a research report on Saturday, July 4th. Wells Fargo & Company cut their target price on shares of GXO Logistics from $70.00 to $65.00 and set an “overweight” rating on the stock in a research note on Thursday, May 7th. Weiss Ratings cut shares of GXO Logistics from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, June 1st. Stephens began coverage on shares of GXO Logistics in a research report on Wednesday, July 8th. They set an “overweight” rating and a $75.00 price target on the stock. Finally, Morgan Stanley increased their price target on shares of GXO Logistics from $75.00 to $78.00 and gave the stock an “overweight” rating in a research note on Monday, July 6th. Twelve analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, GXO Logistics presently has an average rating of “Moderate Buy” and a consensus target price of $70.07.

GXO Logistics Price Performance

Shares of GXO stock opened at $54.06 on Wednesday. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.85 and a current ratio of 0.85. GXO Logistics has a fifty-two week low of $45.40 and a fifty-two week high of $66.85. The firm has a market cap of $6.22 billion, a P/E ratio of 47.42, a P/E/G ratio of 1.80 and a beta of 1.55. The business’s 50 day moving average price is $49.80 and its 200-day moving average price is $54.23.

GXO Logistics (NYSE:GXO) last announced its earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, beating analysts’ consensus estimates 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 earnings per share. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. On average, equities research analysts anticipate that GXO Logistics will post 3.07 earnings per share for the current year.

Institutional Trading of GXO Logistics

Hedge funds and other institutional investors have recently modified their holdings of the business. Allworth Financial LP lifted its position in GXO Logistics by 175.0% during the 3rd quarter. Allworth Financial LP now owns 517 shares of the company’s stock valued at $27,000 after acquiring an additional 329 shares during the period. Chapman Financial Group LLC bought a new stake in GXO Logistics during the second quarter worth about $34,000. Farther Finance Advisors LLC grew its holdings in GXO Logistics by 85.1% in the fourth quarter. Farther Finance Advisors LLC now owns 1,420 shares of the company’s stock worth $75,000 after purchasing an additional 653 shares during the period. Geneos Wealth Management Inc. grew its holdings in GXO Logistics by 4,775.6% in the first quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock worth $78,000 after purchasing an additional 1,958 shares during the period. Finally, Danske Bank A S bought a new position in shares of GXO Logistics during the third quarter valued at approximately $79,000. 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.