GXO Logistics Inc (GXO) concluded trading on Wednesday at a closing price of $50.85, with 5.45 million shares of worth about $277.23 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 0.10% during that period and on December 04, 2024 the price saw a loss of about -13.81%. Currently the company’s common shares owned by public are about 119.47M shares, out of which, 117.15M shares are available for trading.
Stock saw a price change of -15.95% in past 5 days and over the past one month there was a price change of -13.23%. Year-to-date (YTD), GXO shares are showing a performance of -16.86% which decreased to -13.65% 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 1.14 million. The stock is currently trading -14.57% below its 20-day simple moving average (SMA20), while that difference is down -12.47% for SMA50 and it goes to -3.07% lower than SMA200.
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GXO Logistics Inc (NYSE: GXO) currently have 119.47M outstanding shares and institutions hold larger chunk of about 92.81% of that.
The stock has a current market capitalization of $6.08B and its 3Y-monthly beta is at 1.60. PE ratio of stock for trailing 12 months is 56.96, while it has posted earnings per share of $0.89 in the same period. Its PEG reads 4.75 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 2.93% while standing at 2.35% over the month.
Stock’s fiscal year EPS is expected to rise by 7.36% while it is estimated to increase by 18.38% 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.
