GXO Logistics, Inc. (NYSE:GXO) Receives $70.07 Consensus Target Price from Brokerages

Shares of GXO Logistics, Inc. (NYSE:GXOGet Free Report) have been given an average recommendation of “Moderate Buy” by the fifteen analysts that are currently covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and twelve have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $70.0714.

Several equities analysts have commented on GXO shares. Truist Financial dropped their target price on GXO Logistics from $70.00 to $55.00 and set a “buy” rating for the company in a research report on Wednesday, July 15th. Citigroup assumed coverage on shares of GXO Logistics in a research report on Wednesday, July 15th. They issued a “market outperform” rating on the stock. Barclays upgraded GXO Logistics from an “equal weight” rating to an “overweight” rating and lifted their target price for the stock from $58.00 to $65.00 in a report on Wednesday, May 27th. Wall Street Zen lowered shares of GXO Logistics from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Finally, Citizens Jmp started coverage on GXO Logistics in a report on Wednesday, July 15th. They issued a “market perform” rating and a $80.00 price target on the stock.

Check Out Our Latest Stock Analysis on GXO Logistics

Institutional Investors Weigh In On GXO Logistics

Several institutional investors have recently added to or reduced their stakes in the business. Orbis Allan Gray Ltd raised its stake in GXO Logistics by 0.3% in the fourth quarter. Orbis Allan Gray Ltd now owns 13,424,844 shares of the company’s stock valued at $706,684,000 after purchasing an additional 37,035 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of GXO Logistics by 3,222,426.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,697,772 shares of the company’s stock valued at $593,791,000 after purchasing an additional 11,697,409 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in GXO Logistics by 8.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 4,866,867 shares of the company’s stock valued at $252,318,000 after acquiring an additional 371,391 shares during the period. Focus Partners Wealth purchased a new stake in shares of GXO Logistics in the fourth quarter worth $181,648,000. Finally, Alliancebernstein L.P. raised its holdings in GXO Logistics by 9.0% in the 2nd quarter. Alliancebernstein L.P. now owns 2,736,892 shares of the company’s stock worth $133,287,000 after acquiring an additional 225,603 shares during the last quarter. 90.67% of the stock is owned by hedge funds and other institutional investors.

GXO Logistics Stock Down 2.6%

GXO Logistics stock opened at $52.59 on Friday. GXO Logistics has a fifty-two week low of $45.40 and a fifty-two week high of $66.85. The company’s 50-day moving average is $50.05 and its 200-day moving average is $54.24. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.85 and a quick ratio of 0.85. The firm has a market capitalization of $6.05 billion, a PE ratio of 46.13, a P/E/G ratio of 1.79 and a beta of 1.55.

GXO Logistics (NYSE:GXOGet Free Report) last posted its earnings results on Tuesday, May 5th. The company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.37 by $0.13. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%.The company had revenue of $3.30 billion for the quarter, compared to the consensus estimate of $3.22 billion. During the same quarter in the prior year, the business earned $0.29 earnings per share. The firm’s revenue for the quarter was up 10.8% on a year-over-year basis. GXO Logistics has set its FY 2026 guidance at 2.90-3.200 EPS. Sell-side analysts anticipate that GXO Logistics will post 3.07 earnings per share for the current year.

About GXO Logistics

(Get Free Report)

GXO Logistics (NYSE: GXO) is a global contract logistics provider specializing in warehousing, distribution, and value-added supply chain services. Established in August 2021 as a spin-off from XPO Logistics, the company has built its reputation on integrating advanced technology and automation into traditional logistics operations. GXO’s core offerings include e-commerce fulfillment, inventory management, returns processing, and reverse logistics, supported by a network of fulfillment centers and distribution hubs designed to optimize order accuracy and delivery speed.

The company serves customers across a diverse array of industries, including retail, technology, consumer goods, automotive, industrial, and healthcare.

Further Reading

Analyst Recommendations for GXO Logistics (NYSE:GXO)

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