GXO Logistics Inc (GXO) concluded trading on Wednesday at a closing price of $60.35, with 0.44 million shares of worth about $26.63 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 22.91% during that period and on November 27, 2024 the price saw a loss of about -0.25%. Currently the company’s common shares owned by public are about 119.06M shares, out of which, 117.15M shares are available for trading.
Stock saw a price change of 3.16% in past 5 days and over the past one month there was a price change of -0.12%. Year-to-date (YTD), GXO shares are showing a performance of -1.32% which increased to 7.63% 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 $63.33 during that period. The average intraday trading volume for GXO Logistics Inc shares is 1.13 million. The stock is currently trading 1.08% above its 20-day simple moving average (SMA20), while that difference is up 4.73% for SMA50 and it goes to 15.16% 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 92.77% of that.
The stock has a current market capitalization of $7.21B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 67.60, while it has posted earnings per share of $0.89 in the same period. Its PEG reads 5.63 and has Quick Ratio of 0.86 while making debt-to-equity ratio of 1.78. 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 2.05% while standing at 2.35% over the month.
Analysts are in expectations that GXO Logistics Inc (GXO) stock would likely to be making an EPS of 0.98 in the current quarter, while forecast for next quarter EPS is 0.53 and it is 3.33 for next year. For the current quarter EPS, analysts have given the company a lowest target 0.93 which is 1.03 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of 0.7 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 7.45% while it is estimated to increase by 19.16% in next year. EPS is likely to shrink at an annualized rate of 12.00% 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.
