GXO Logistics Inc (NYSE: GXO) has seen a rise in its stock price by 2.11 in relation to its previous close of 51.76. However, the company has experienced a 6.79% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-09-18 that Agreement offers exceptional flexibility on a RaaS model GREENWICH, Conn., Sept. 18, 2024 (GLOBE NEWSWIRE) — GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, today announced a new agreement with Reflex Robotics, a cutting-edge general-purpose humanoid startup, to pilot Reflex’s robotics solution for deployment into live operations.
Is It Worth Investing in GXO Logistics Inc (NYSE: GXO) Right Now?
The price-to-earnings ratio for GXO Logistics Inc (NYSE: GXO) is 45.21x, which is above its average ratio. Moreover, the 36-month beta value for GXO is 1.66. Analysts have varying opinions on the stock, with 8 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for GXO is 117.14M and currently, short sellers hold a 3.02% of that float. On September 19, 2024, GXO’s average trading volume was 777.96K shares.
GXO’s Market Performance
GXO stock saw an increase of 6.79% in the past week, with a monthly gain of 9.99% and a quarterly increase of 10.68%. The volatility ratio for the week is 2.68%, and the volatility levels for the last 30 days are 2.37% for GXO Logistics Inc (GXO). The simple moving average for the last 20 days is 6.85% for GXO stock, with a simple moving average of 0.63% for the last 200 days.
Analysts’ Opinion of GXO
Many brokerage firms have already submitted their reports for GXO stocks, with Wells Fargo repeating the rating for GXO by listing it as a “Overweight.” The predicted price for GXO in the upcoming period, according to Wells Fargo is $58 based on the research report published on June 07, 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 $80, previously predicting the price at $78. The rating they have provided for GXO stocks is “Buy” according to the report published on April 25th, 2024.
Exane BNP Paribas gave a rating of “Neutral” to GXO, setting the target price at $50 in the report published on March 27th of the current year.
GXO Trading at 4.26% 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 -16.20% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 2.68%, as shares surge +9.66% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.92% upper at present.
During the last 5 trading sessions, GXO rose by +7.07%, which changed the moving average for the period of 200-days by -8.87% in comparison to the 20-day moving average, which settled at $49.70. In addition, GXO Logistics Inc saw -13.59% 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 Wilson Malcolm, who purchase 10,000 shares at the price of $49.95 back on Jun 11 ’24. After this action, Wilson Malcolm now owns 100,814 shares of GXO Logistics Inc, valued at $499,500 using the latest closing price.
Ashe Gena L, the Director of GXO Logistics Inc, sale 13,370 shares at $50.00 during a trade that took place back on Mar 08 ’24, which means that Ashe Gena L is holding 7,481 shares at $668,500 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
- 0.13 for the gross margin
The net margin for GXO Logistics Inc stands at 0.01. The total capital return value is set at 0.04. Equity return is now at value 4.93, with 1.37 for asset returns.
Based on GXO Logistics Inc (GXO), the company’s capital structure generated 0.53 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 1.12. The interest coverage ratio of the stock is 2.57.
Currently, EBITDA for the company is 745.0 million with net debt to EBITDA at 6.7. When we switch over and look at the enterprise to sales, we see a ratio of 1.09. The receivables turnover for the company is 5.37for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
To wrap up, the performance of GXO Logistics Inc (GXO) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.
