The stock of GXO Logistics Inc (GXO) has gone down by -6.56% for the week, with a -2.92% drop in the past month and a -13.46% drop in the past quarter. The volatility ratio for the week is 2.62%, and the volatility levels for the past 30 days are 2.60% for GXO. The simple moving average for the past 20 days is -6.09% for GXO’s stock, with a -15.76% simple moving average for the past 200 days.
Is It Worth Investing in GXO Logistics Inc (NYSE: GXO) Right Now?
GXO Logistics Inc (NYSE: GXO) has a price-to-earnings ratio that is above its average at 25.14x. The stock has a 36-month beta value of 1.74. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GXO is 116.96M, and at present, short sellers hold a 2.05% of that float. On April 19, 2024, the average trading volume of GXO was 915.17K shares.
GXO) stock’s latest price update
The stock price of GXO Logistics Inc (NYSE: GXO) has plunged by -1.41 when compared to previous closing price of 48.85, but the company has seen a -6.56% decline in its stock price over the last five trading sessions. GlobeNewsWire reported 2024-04-04 that GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO) will hold its first quarter 2024 earnings conference call and webcast on Wednesday, May 8, 2024, at 8:30 a.m. Eastern Time. The company’s results will be released after market close on Tuesday, May 7, 2024, and made available at that time on www.investors.gxo.com.
Analysts’ Opinion of GXO
Many brokerage firms have already submitted their reports for GXO stocks, with Exane BNP Paribas repeating the rating for GXO by listing it as a “Neutral.” The predicted price for GXO in the upcoming period, according to Exane BNP Paribas is $50 based on the research report published on March 27, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see GXO reach a price target of $78, previously predicting the price at $70. The rating they have provided for GXO stocks is “Outperform” according to the report published on February 15th, 2024.
TD Cowen gave a rating of “Outperform” to GXO, setting the target price at $70 in the report published on January 12th of the current year.
GXO Trading at -7.15% from the 50-Day Moving Average
After a stumble in the market that brought GXO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -28.73% of loss for the given period.
Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 2.62%, as shares sank -3.80% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.84% lower at present.
During the last 5 trading sessions, GXO fell by -6.56%, which changed the moving average for the period of 200-days by -24.01% in comparison to the 20-day moving average, which settled at $51.19. In addition, GXO Logistics Inc saw -21.26% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GXO starting from Ashe Gena L, who sale 13,370 shares at the price of $50.00 back on Mar 08 ’24. After this action, Ashe Gena L now owns 7,481 shares of GXO Logistics Inc, valued at $668,500 using the latest closing price.
Ashe Gena L, the Director of GXO Logistics Inc, sale 4,737 shares at $50.00 during a trade that took place back on Mar 07 ’24, which means that Ashe Gena L is holding 20,851 shares at $236,850 based on the most recent closing price.
Stock Fundamentals for GXO
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.14 for the gross margin
The net margin for GXO Logistics Inc stands at 0.02. The total capital return value is set at 0.05. Equity return is now at value 8.24, with 2.45 for asset returns.
Based on GXO Logistics Inc (GXO), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.74. The interest coverage ratio of the stock is 3.65.
Currently, EBITDA for the company is 745.0 million with net debt to EBITDA at 4.8. When we switch over and look at the enterprise to sales, we see a ratio of 0.96. The receivables turnover for the company is 5.51for trailing twelve months and the total asset turnover is 1.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.98.
Conclusion
To sum up, GXO Logistics Inc (GXO) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
