The stock of GXO Logistics Inc (NYSE: GXO) has decreased by -0.49 when compared to last closing price of 51.18.Despite this, the company has seen a gain of 3.37% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-07 that GXO Logistics (GXO) came out with quarterly earnings of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.49 per share a year ago.
Is It Worth Investing in GXO Logistics Inc (NYSE: GXO) Right Now?
GXO Logistics Inc (NYSE: GXO) has a higher price-to-earnings ratio of 36.49x compared to its average ratio, The 36-month beta value for GXO is at 1.73. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GXO is 117.11M, and currently, shorts hold a 2.55% of that float. The average trading volume for GXO on May 09, 2024 was 948.77K shares.
GXO’s Market Performance
GXO’s stock has seen a 3.37% increase for the week, with a -4.59% drop in the past month and a -8.71% fall in the past quarter. The volatility ratio for the week is 2.38%, and the volatility levels for the past 30 days are at 2.60% for GXO Logistics Inc The simple moving average for the past 20 days is 1.59% for GXO’s stock, with a -9.35% simple moving average for the past 200 days.
Analysts’ Opinion of GXO
Many brokerage firms have already submitted their reports for GXO stocks, with TD Cowen repeating the rating for GXO by listing it as a “Buy.” The predicted price for GXO in the upcoming period, according to TD Cowen is $80 based on the research report published on April 25, 2024 of the current year 2024.
Exane BNP Paribas, on the other hand, stated in their research note that they expect to see GXO reach a price target of $50. The rating they have provided for GXO stocks is “Neutral” according to the report published on March 27th, 2024.
TD Cowen gave a rating of “Outperform” to GXO, setting the target price at $78 in the report published on February 15th of the current year.
GXO Trading at 0.80% 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 -24.63% of loss for the given period.
Volatility was left at 2.60%, however, over the last 30 days, the volatility rate increased by 2.38%, as shares surge +1.09% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.73% lower at present.
During the last 5 trading sessions, GXO rose by +3.37%, which changed the moving average for the period of 200-days by -21.85% in comparison to the 20-day moving average, which settled at $50.16. In addition, GXO Logistics Inc saw -16.73% 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:
- 0.03 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 81.08. Equity return is now at value 6.01, with 1.81 for asset returns.
Based on GXO Logistics Inc (GXO), the company’s capital structure generated 1.0 points at debt to capital in total, while cash flow to debt ratio is standing at 0.37. The debt to equity ratio resting at 535.73. The interest coverage ratio of the stock is 4.0.
Currently, EBITDA for the company is 745.0 million with net debt to EBITDA at 2.23. When we switch over and look at the enterprise to sales, we see a ratio of 0.78. The receivables turnover for the company is 5978.98for trailing twelve months and the total asset turnover is 1439.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.94.
Conclusion
In conclusion, GXO Logistics Inc (GXO) has had a bad performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.
