GXO Logistics Inc (GXO) concluded trading on Thursday at a closing price of $58.07, with 7.24 million shares of worth about $420.36 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 12.67% during that period and on October 10, 2024 the price saw a gain of about 14.09%. Currently the company’s common shares owned by public are about 119.06M shares, out of which, 117.14M shares are available for trading.
Stock saw a price change of 17.72% in past 5 days and over the past one month there was a price change of 18.63%. Year-to-date (YTD), GXO shares are showing a performance of -5.05% which increased to 2.62% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $46.07 but also hit the highest price of $63.07 during that period. The average intraday trading volume for GXO Logistics Inc shares is 756.89K. The stock is currently trading 13.04% above its 20-day simple moving average (SMA20), while that difference is up 16.51% for SMA50 and it goes to 11.93% higher than SMA200.
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GXO Logistics Inc (NYSE: GXO) currently have 119.06M outstanding shares and institutions hold larger chunk of about 92.92% of that.
The stock has a current market capitalization of $6.94B and its 3Y-monthly beta is at 1.67. PE ratio of stock for trailing 12 months is 49.68, while it has posted earnings per share of $1.17 in the same period. Its PEG reads 3.82 and has Quick Ratio of 0.86 while making debt-to-equity ratio of 1.87. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for GXO, volatility over the week remained 3.62% while standing at 2.76% over the month.
Stock’s fiscal year EPS is expected to rise by 6.88% while it is estimated to increase by 19.68% in next year. EPS is likely to shrink at an annualized rate of 13.00% for next 5-years, compared to annual growth of 25.12% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on October 09, 2024 offering a Buy rating for the stock and assigned a target price of $60 to it. Coverage by Wells Fargo stated GXO Logistics Inc (GXO) stock as an Overweight in their note to investors on June 07, 2024, suggesting a price target of $58 for the stock. On April 25, 2024, TD Cowen Reiterated their recommendations, while on March 27, 2024, Exane BNP Paribas Upgrade their ratings for the stock with a price target of $50. Stock get an Outperform rating from TD Cowen on February 15, 2024.
