RXO Inc. (RXO) Is A Stock You Should Watch


As of Friday close, RXO Inc.’s (NYSE:RXO) stock was down -$0.45, moving down -2.25 percent to $19.54. The average number of shares traded per day over the past five days has been 1,448,620 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.58 fall in that time frame. In the last twenty days, the average volume was 969,190, while in the previous 50 days, it was 1,089,934.

Since last month, RXO stock retreated -7.09%. Shares of the company fell to $19.21 on 03/13/23, the lowest level in the past month. Since the beginning of this year, RXO’s stock price has risen by 13.60%. However, the stock has declined by -23.37% since its 52-week high.

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Valuation Metrics

Right now, RXO Inc. (RXO) has a P/E ratio of about 24.43. Besides these, the trailing price-to-sales (P/S) ratio of 0.49, the price-to-book (PB) ratio of 3.87.

Financial Health

In the three months ended December 30, RXO Inc.’s quick ratio stood at 1.40, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 0.01, and the total debt-to-equity ratio was 0.01. On the profitability front, the trailing twelve-month gross margin is 19.70% percent. Based on annual data, RXO earned $946.0 million in gross profit and brought in $4.8 billion in revenue.

In RXO Inc.’s quarter-end financial report for December 30, it reported total debt of $451.0 million. RXO’s revenue rose 100.0% to $1.14 billion during the quarter, while net income inched up to $3.66 billion. While analysts expected RXO Inc. to report $0.23 quarterly earnings, the actual figure was $0.28 per share, beating the consensus estimate by 21.70%. The value of shareholders’ equity is $116.6 million.

Technical Picture

This quick technical analysis looks at RXO Inc.’s (RXO) price momentum. With a historical volatility rate of 24.49%, the RSI 9-day stood at 37.96% on 17 March.

With respect to its five-day moving average, the current RXO Inc. price is down by -2.88% percent or -$0.58. At present, RXO shares trade -6.28% below its 20-day simple moving average. However, the stock is currently trading approximately +14.94% above its SMA50.

Stochastic coefficient K was 24.59% and Stochastic coefficient D was 25.25%, while ATR was 0.71. Given the Stochastic reading of 16.34% for the 14-day period, the RSI (14) reading has been calculated as 44.10%. As of today, the MACD Oscillator reading stands at -0.39, while the 14-day reading stands at -0.59.

Analyst Ratings

Cowen launched its rating on RXO Inc. (NYSE: RXO) to a Market perform in a note to investors on February 27, 2023. RXO Inc. (RXO) has been rated Overweight by analysts. According to 0 brokerage firms, RXO is a sell, and 10 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 0 analysts rate RXO Inc. stock as buy, with 4 recommending it as overweight.

With a median target price of $22.00, the current consensus forecast for the stock is $20.00 – $27.00. Based on these forecasts, analysts predict RXO Inc. (RXO) will achieve an average price target of $22.50.


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