A number of research firms recently commented on GXO. Barclays dropped their price target on GXO Logistics from $52.00 to $45.00 and set an “equal weight” rating for the company in a research note on Thursday, February 13th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of GXO Logistics in a research report on Friday, March 7th. They issued a “hold” rating and a $45.00 target price for the company. Citigroup reduced their price target on shares of GXO Logistics from $51.00 to $45.00 and set a “buy” rating on the stock in a research report on Tuesday, April 8th. UBS Group decreased their price objective on shares of GXO Logistics from $72.00 to $50.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. Finally, Stifel Nicolaus restated a “buy” rating and set a $66.00 target price (down from $74.00) on shares of GXO Logistics in a research note on Friday, February 14th.

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A number of institutional investors have recently added to or reduced their stakes in the business. Barclays PLC lifted its holdings in shares of GXO Logistics by 28.9% during the third quarter. Barclays PLC now owns 62,545 shares of the company’s stock worth $3,256,000 after purchasing an additional 14,020 shares during the period. Kirr Marbach & Co. LLC IN raised its position in GXO Logistics by 57.1% during the 4th quarter. Kirr Marbach & Co. LLC IN now owns 155,720 shares of the company’s stock worth $6,774,000 after purchasing an additional 56,581 shares during the last quarter. Sterling Capital Management LLC raised its position in GXO Logistics by 55.5% during the 4th quarter. Sterling Capital Management LLC now owns 6,957 shares of the company’s stock worth $303,000 after purchasing an additional 2,482 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in GXO Logistics during the 4th quarter worth about $1,255,000. Finally, Raymond James Financial Inc. bought a new stake in shares of GXO Logistics in the 4th quarter valued at about $20,905,000. 90.67% of the stock is owned by institutional investors.

Shares of GXO opened at $42.27 on Friday. The company has a current ratio of 0.83, a quick ratio of 0.86 and a debt-to-equity ratio of 0.83. GXO Logistics has a 12 month low of $30.46 and a 12 month high of $63.33. The firm’s 50 day moving average is $37.44 and its 200-day moving average is $44.05. The stock has a market capitalization of $4.84 billion, a PE ratio of 37.74, a P/E/G ratio of 1.34 and a beta of 1.56.

GXO Logistics (NYSE:GXO – Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.29 EPS for the quarter, topping analysts’ consensus estimates of $0.26 by $0.03. The firm had revenue of $2.98 billion for the quarter, compared to analyst estimates of $2.94 billion. GXO Logistics had a return on equity of 11.16% and a net margin of 1.14%. The company’s revenue was up 21.2% on a year-over-year basis. During the same quarter last year, the company earned $0.45 EPS. Equities research analysts forecast that GXO Logistics will post 2.49 EPS for the current year.

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GXO Logistics, Inc, together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others.

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