GXO Logistics Inc. (NYSE:GXO) finished Wednesday with an addition of $1.27 to close at $40.75, an upside of 3.22 percent. An average of 2,168,640 shares of common stock have been traded in the last five days. There was a fall of -$4.93 in the past week, and it reached a new high 12 times over the past 12 months. The last 20 days have seen an average of 1,247,345 shares traded, while the 50-day average volume stands at 1,162,186.
GXO stock has decreased by -9.54% in the last month. The company shares reached their 1-month lowest point of $39.16 on 09/21/22. With the stock rallying to its 52-week high on 01/03/22, shares of the company touched a low of $38.08 and a high of $105.92 in 52 weeks. It has reached a new high 1 time so far this year and lost -55.14% or -$50.08 in price. In spite of this, the price is down -61.53% from the 52-week high.
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42 days have passed since GXO Logistics Inc. (GXO) last reported insider trading activity. BRADLEY S JACOBS, who is Director, most recently acquired $5,167,500 shares at $48.35 per share on Aug 11. In this transaction, the insider spent $249,848,625. Director, BRADLEY S JACOBS, disposed of 5,447,500 shares at a price of $57.24 on Apr 13. The insider now owns more than $311,814,900 worth of shares. Prior to that, 10% Owner Jacobs Private Equity, LLC went on to Sale 5,447,500 shares at $57.24 each on Apr 13. An amount of $311,814,900 was transacted.
GXO Logistics Inc. (GXO) has a trailing price-to-earnings (P/E) ratio of 21.81. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.62, the price-to-book (PB) ratio at 1.87, and the price-to-cash flow ratio at 23.53.
The quick ratio of GXO Logistics Inc. for the three months ended March 30 was 1.00, and the current ratio was 1.00, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.71 and a total debt to equity ratio of 0.75 for the quarter ending March 30. Its gross profit as reported stood at $1.3 billion compared to revenue of $7.94 billion.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, GXO Logistics Inc.’s return on assets was 2.90%.
For the three-month period that ended March 30, GXO Logistics Inc. had $1.8 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $51.0 million in the quarter, while revenues were grew 78.43%. The analyst consensus anticipated GXO Logistics Inc.’s latest quarter earnings to come in at $0.52 per share, but it turned out to be $0.59, a 13.50% surprise. For the quarter, EBITDA amounted to $136.0 million. Shareholders own equity worth $118.61 million.
From a technical analysis perspective, let’s take a brief look at GXO Logistics Inc. (GXO) price momentum. RSI 9-day as of the close on 21 September was 37.19%, suggesting the stock is Neutral, with historical volatility in this time frame at 63.44%.
As of today, GXO’s price is $41.07 -10.79% or -$4.93 from its 5-day moving average. GXO is currently trading -11.05% lower than its 20-day SMA and -34.00% lower than its 100-day SMA. However, the stock’s current price level is -1.43% below the SMA50 and -53.70% below the SMA200.
The stochastic %K and %D were 15.32% and 16.16%, respectively, and the average true range (ATR) was 2.21. With the 14-day stochastic at 18.17% and the average true range at 2.13, the RSI (14) stands at 39.23%. The stock has reached -2.79 on the 9-day MACD Oscillator while the 14-day reading was at -3.13.
Cowen reiterated its an Outperform rating on GXO Logistics Inc. (NYSE: GXO), but raised their price target to $64, indicating a potential price increase of 36.33% for the stock. The consensus rating for GXO Logistics Inc. (GXO) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GXO, while 4 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 13 others rate it as a “buy”.
What is GXO’s price target for the next 12 months?
Analysts predict a range of price targets between $52.00 and $95.00, with a median target of $70.00. Taking a look at these predictions, the average price target given by analysts for GXO Logistics Inc. (GXO) stock is $72.25.