GXO Logistics (NYSE:GXO – Get Free Report) announced its quarterly earnings data on Tuesday. The company reported $0.59 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.01, FiscalAI reports. The firm had revenue of $3.44 billion for the quarter, compared to analyst estimates of $3.46 billion. GXO Logistics had a return on equity of 10.55% and a net margin of 0.98%. GXO Logistics updated its FY 2026 guidance to 2.950-3.150 EPS.
GXO Logistics Trading Up 3.3%
Shares of GXO Logistics stock traded up $1.65 during trading on Tuesday, reaching $52.27. 2,267,094 shares of the company were exchanged, compared to its average volume of 1,352,892. The business has a 50-day moving average price of $50.69 and a 200-day moving average price of $54.01. The firm has a market capitalization of $6.01 billion, a price-to-earnings ratio of 45.85, a P/E/G ratio of 1.66 and a beta of 1.55. The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.88. GXO Logistics has a twelve month low of $45.40 and a twelve month high of $66.85.
Analysts Set New Price Targets
Several brokerages have recently issued reports on GXO. Wall Street Zen lowered GXO Logistics from a “buy” rating to a “hold” rating in a research note on Saturday, July 4th. Morgan Stanley lifted their price objective on GXO Logistics from $75.00 to $78.00 and gave the stock an “overweight” rating in a research report on Monday, July 6th. Wells Fargo & Company assumed coverage on GXO Logistics in a report on Tuesday, July 28th. They set an “overweight” rating and a $18.00 price objective for the company. Weiss Ratings upgraded shares of GXO Logistics from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Tuesday, July 28th. Finally, Citizens Jmp assumed coverage on shares of GXO Logistics in a research report on Wednesday, July 15th. They set a “market perform” rating and a $80.00 price target for the company. Twelve analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $66.71.
Hedge Funds Weigh In On GXO Logistics
Several institutional investors have recently modified their holdings of the stock. UMB Bank n.a. raised its position in GXO Logistics by 15.2% during the 4th quarter. UMB Bank n.a. now owns 1,674 shares of the company’s stock worth $88,000 after purchasing an additional 221 shares during the last quarter. Guggenheim Capital LLC grew its position in shares of GXO Logistics by 5.3% in the 4th quarter. Guggenheim Capital LLC now owns 4,445 shares of the company’s stock valued at $234,000 after buying an additional 225 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of GXO Logistics by 3.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 7,073 shares of the company’s stock valued at $372,000 after buying an additional 235 shares during the last quarter. Hsbc Holdings PLC increased its stake in shares of GXO Logistics by 2.0% in the second quarter. Hsbc Holdings PLC now owns 12,780 shares of the company’s stock valued at $622,000 after buying an additional 253 shares during the period. Finally, Orion Porfolio Solutions LLC increased its stake in shares of GXO Logistics by 1.0% in the third quarter. Orion Porfolio Solutions LLC now owns 26,436 shares of the company’s stock valued at $1,398,000 after buying an additional 253 shares during the period. 90.67% of the stock is currently owned by institutional investors and hedge funds.
About GXO Logistics
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.
Read More
- Five stocks we like better than GXO Logistics
- System Upgrade: First Internet Bancorp Options Surge
- AI Security Breaches Raise New Risks for Microsoft and Amazon’s Agent Push
- The AI Chip Blockade Is Creating a Shadow Market
- Grab Holdings Stock Forms Bottom After Strong Beat-and-Raise Quarter
Receive News & Ratings for GXO Logistics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GXO Logistics and related companies with MarketBeat.com's FREE daily email newsletter.
