The price-to-earnings ratio for GXO Logistics Inc (NYSE: GXO) is above average at 64.63x, Company’s 36-month beta value is 1.64.Analysts have differing opinions on the stock, with 8 analysts rating it as a “buy,” 4 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for GXO is 117.14M, and currently, short sellers hold a 3.09% ratio of that floaft. The average trading volume of GXO on November 06, 2024 was 1.09M shares.
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GXO) stock’s latest price update
GXO Logistics Inc (NYSE: GXO)’s stock price has decreased by -1.54 compared to its previous closing price of 58.60. However, the company has seen a -4.50% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-05 that GXO Logistics, Inc. (NYSE:GXO ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Malcolm Wilson – Chief Executive Officer Baris Oran – Chief Financial Officer Kristine Kubacki – Chief Strategy Officer Conference Call Participants Joe Hafling – Jefferies Scott Schneeberger – Oppenheimer Chris Wetherbee – Wells Fargo Ravi Shanker – Morgan Stanley Brian Ossenbeck – JPMorgan Brandon Oglenski – Barclays Bascome Majors – Susquehanna Jason Seidl – TD Cowen Ariel Rosa – Citigroup Tom Wadewitz – UBS Operator Welcome to the GXO Third Quarter 2024 Earnings Conference Call and Webcast. My name is Rob, and I will be your operator for today’s call.
GXO’s Market Performance
GXO Logistics Inc (GXO) has experienced a -4.50% fall in stock performance for the past week, with a 17.37% rise in the past month, and a 21.63% rise in the past quarter. The volatility ratio for the week is 3.06%, and the volatility levels for the past 30 days are at 2.79% for GXO. The simple moving average for the last 20 days is -4.50% for GXO stock, with a simple moving average of 10.81% for the last 200 days.
Analysts’ Opinion of GXO
Many brokerage firms have already submitted their reports for GXO stocks, with Citigroup repeating the rating for GXO by listing it as a “Buy.” The predicted price for GXO in the upcoming period, according to Citigroup is $60 based on the research report published on October 09, 2024 of the current year 2024.
Wells Fargo, on the other hand, stated in their research note that they expect to see GXO reach a price target of $58. The rating they have provided for GXO stocks is “Overweight” according to the report published on June 07th, 2024.
TD Cowen gave a rating of “Buy” to GXO, setting the target price at $80 in the report published on April 25th of the current year.
GXO Trading at 6.31% 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 -8.89% of loss for the given period.
Volatility was left at 2.79%, however, over the last 30 days, the volatility rate increased by 3.06%, as shares surge +15.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.17% upper at present.
During the last 5 trading sessions, GXO fell by -4.50%, which changed the moving average for the period of 200-days by +1.84% in comparison to the 20-day moving average, which settled at $60.42. In addition, GXO Logistics Inc saw -5.66% 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:
- 0.04 for the present operating margin
- -3.44 for the gross margin
The net margin for GXO Logistics Inc stands at 0.03. The total capital return value is set at 18.17. Equity return is now at value 3.63, with 1.02 for asset returns.
Based on GXO Logistics Inc (GXO), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 38.97. The debt to equity ratio resting at 1.78. The interest coverage ratio of the stock is 1.7.
Currently, EBITDA for the company is 745.0 million with net debt to EBITDA at 0.02. When we switch over and look at the enterprise to sales, we see a ratio of 2.65. The receivables turnover for the company is 1320.36for trailing twelve months and the total asset turnover is 290.62. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.86.
Conclusion
In a nutshell, GXO Logistics Inc (GXO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
