In the past week, RXO stock has gone up by 4.38%, with a monthly gain of 12.44% and a quarterly plunge of -2.04%. The volatility ratio for the week is 3.03%, and the volatility levels for the last 30 days are 3.20% for RXO Inc The simple moving average for the last 20 days is 5.10% for RXO’s stock, with a simple moving average of 22.84% for the last 200 days.
Is It Worth Investing in RXO Inc (NYSE: RXO) Right Now?
The stock has a 36-month beta value of 1.16. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for RXO is 155.34M, and at present, short sellers hold a 3.32% of that float. On October 18, 2024, the average trading volume of RXO was 1.19M shares.
RXO) stock’s latest price update
RXO Inc (NYSE: RXO)’s stock price has dropped by -1.05 in relation to previous closing price of 29.60. Nevertheless, the company has seen a gain of 4.38% in its stock price over the last five trading days. businesswire.com reported 2024-10-14 that CHARLOTTE, N.C.–(BUSINESS WIRE)—- $RXO #nyse–RXO (NYSE: RXO) announced today it has changed the time of its third-quarter earnings and investor conference call, which will be held on Thursday, November 7, 2024. The conference call will now be at 7 a.m. EST. The company’s results will be made available on www.rxo.com. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID:.
Analysts’ Opinion of RXO
Many brokerage firms have already submitted their reports for RXO stocks, with Citigroup repeating the rating for RXO by listing it as a “Buy.” The predicted price for RXO in the upcoming period, according to Citigroup is $33 based on the research report published on October 09, 2024 of the current year 2024.
TD Cowen gave a rating of “Hold” to RXO, setting the target price at $20 in the report published on May 03rd of the current year.
RXO Trading at 5.40% from the 50-Day Moving Average
After a stumble in the market that brought RXO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -10.76% of loss for the given period.
Volatility was left at 3.20%, however, over the last 30 days, the volatility rate increased by 3.03%, as shares surge +8.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.62% upper at present.
During the last 5 trading sessions, RXO rose by +4.38%, which changed the moving average for the period of 200-days by +27.07% in comparison to the 20-day moving average, which settled at $27.87. In addition, RXO Inc saw 25.92% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RXO starting from MFN Partners, LP, who purchase 10,266,810 shares at the price of $20.21 back on Aug 12 ’24. After this action, MFN Partners, LP now owns 27,577,666 shares of RXO Inc, valued at $207,492,230 using the latest closing price.
MFN Partners, LP, the 10% Owner of RXO Inc, purchase 61 shares at $20.39 during a trade that took place back on May 09 ’24, which means that MFN Partners, LP is holding 17,310,856 shares at $1,244 based on the most recent closing price.
Stock Fundamentals for RXO
Current profitability levels for the company are sitting at:
- 0.0 for the present operating margin
- 0.23 for the gross margin
The net margin for RXO Inc stands at -0.01. The total capital return value is set at 0.01. Equity return is now at value -3.60, with -1.13 for asset returns.
Based on RXO Inc (RXO), the company’s capital structure generated 0.43 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 0.76. The interest coverage ratio of the stock is 0.71.
Currently, EBITDA for the company is 131.0 million with net debt to EBITDA at 7.41. When we switch over and look at the enterprise to sales, we see a ratio of 1.37. The receivables turnover for the company is 5.24for trailing twelve months and the total asset turnover is 2.09. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.17.
Conclusion
To sum up, RXO Inc (RXO) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
