RXO Inc (NYSE: RXO) has experienced a rise in its stock price by 0.67 compared to its previous closing price of 23.97. However, the company has seen a fall of -3.98% in its stock price over the last five trading days. businesswire.com reported 2024-12-09 that CHARLOTTE, N.C.–(BUSINESS WIRE)—- $RXO #nyse–RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named a winner of the 2024 Top Software & Tech award by Supply and Demand Chain Executive and Food Logistics. The award highlights RXO’s visual AI technology for gate check-in. Introduced in late 2023, the new AI-powered check-in system was implemented to streamline data collection as trucks arrive at warehouses and distribution centers. The technology automates the process of.
Is It Worth Investing in RXO Inc (NYSE: RXO) Right Now?
The stock has a 36-month beta value of 1.25. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 1 as “overweight,” 12 as “hold,” and 2 as “sell.”
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The public float for RXO is 158.33M, and at present, short sellers hold a 2.37% of that float. On December 27, 2024, the average trading volume of RXO was 1.05M shares.
RXO’s Market Performance
RXO’s stock has seen a -3.98% decrease for the week, with a -20.68% drop in the past month and a -11.45% fall in the past quarter. The volatility ratio for the week is 4.73%, and the volatility levels for the past 30 days are at 3.94% for RXO Inc. The simple moving average for the past 20 days is -11.76% for RXO’s stock, with a -4.97% simple moving average for the past 200 days.
Analysts’ Opinion of RXO
Many brokerage firms have already submitted their reports for RXO stocks, with Goldman repeating the rating for RXO by listing it as a “Neutral.” The predicted price for RXO in the upcoming period, according to Goldman is $29 based on the research report published on November 18, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see RXO reach a price target of $33. The rating they have provided for RXO stocks is “Neutral” according to the report published on November 12th, 2024.
Wells Fargo gave a rating of “Equal Weight” to RXO, setting the target price at $31 in the report published on November 11th of the current year.
RXO Trading at -14.20% 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 -26.48% of loss for the given period.
Volatility was left at 3.94%, however, over the last 30 days, the volatility rate increased by 4.73%, as shares sank -21.86% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -17.28% lower at present.
During the last 5 trading sessions, RXO fell by -3.98%, which changed the moving average for the period of 200-days by +12.92% in comparison to the 20-day moving average, which settled at $27.35. In addition, RXO Inc saw 3.74% 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 Nettles Michelle, who purchase 1,800 shares at the price of $27.89 back on Nov 12 ’24. After this action, Nettles Michelle now owns 15,185 shares of RXO Inc, valued at $50,202 using the latest closing price.
MFN Partners, LP, the 10% Owner of RXO Inc, purchase 10,266,810 shares at $20.21 during a trade that took place back on Aug 12 ’24, which means that MFN Partners, LP is holding 27,577,666 shares at $207,492,230 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
- 0.21 for the gross margin
The net margin for RXO Inc stands at -0.07. The total capital return value is set at -0.0. Equity return is now at value -23.46, with -9.85 for asset returns.
Based on RXO Inc (RXO), the company’s capital structure generated 1.0 points at debt to capital in total, while cash flow to debt ratio is standing at 0.04. The debt to equity ratio resting at 222.15. The interest coverage ratio of the stock is -0.3.
Currently, EBITDA for the company is 103.0 million with net debt to EBITDA at 11.45. When we switch over and look at the enterprise to sales, we see a ratio of 1.17. The receivables turnover for the company is 3.39for trailing twelve months and the total asset turnover is 1.14. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.33.
Conclusion
To sum up, RXO Inc (RXO) 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.
