Key Points
- Todd Cooper, a GXO Logistics director, purchased 6,000 shares on Nov. 28 at an average price of $50.59 ($303,540), boosting his holdings to 10,040 shares — a 148.51% increase in his position.
- GXO beat Q3 estimates with $0.79 EPS (vs. $0.78) and $3.40B revenue (+7.5% YoY), and set FY2025 guidance of 2.430–2.630 EPS (analyst consensus ~2.49).
- The stock trades around $50.33 with a $5.76B market cap and a high P/E (~66.2); analysts give a consensus Moderate Buy rating with an average target near $61.77, and ~90.7% of shares are institutionally owned.
GXO Logistics, Inc. (NYSE:GXO - Get Free Report) Director Todd Cooper acquired 6,000 shares of GXO Logistics stock in a transaction that occurred on Friday, November 28th. The shares were purchased at an average cost of $50.59 per share, with a total value of $303,540.00. Following the transaction, the director owned 10,040 shares of the company's stock, valued at approximately $507,923.60. The trade was a 148.51% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
GXO Logistics Trading Down 0.8%
Shares of NYSE GXO opened at $50.33 on Tuesday. The business has a 50 day simple moving average of $52.30 and a 200 day simple moving average of $49.87. GXO Logistics, Inc. has a 52 week low of $30.46 and a 52 week high of $61.15. The stock has a market cap of $5.76 billion, a price-to-earnings ratio of 66.22, a PEG ratio of 2.08 and a beta of 1.65. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.71 and a current ratio of 0.71.
GXO Logistics (NYSE:GXO - Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.78 by $0.01. The firm had revenue of $3.40 billion for the quarter, compared to analyst estimates of $3.39 billion. GXO Logistics had a net margin of 0.69% and a return on equity of 10.45%. The company's revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.79 earnings per share. GXO Logistics has set its FY 2025 guidance at 2.430-2.630 EPS. On average, research analysts predict that GXO Logistics, Inc. will post 2.49 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of GXO. Penn Capital Management Company LLC grew its stake in shares of GXO Logistics by 41.6% in the third quarter. Penn Capital Management Company LLC now owns 317,342 shares of the company's stock worth $16,826,000 after acquiring an additional 93,286 shares during the last quarter. CIBC Private Wealth Group LLC lifted its position in GXO Logistics by 201.3% in the third quarter. CIBC Private Wealth Group LLC now owns 1,621 shares of the company's stock worth $86,000 after purchasing an additional 1,083 shares during the period. CIBC Bancorp USA Inc. acquired a new stake in GXO Logistics during the third quarter worth $213,000. Coldstream Capital Management Inc. increased its holdings in GXO Logistics by 33.6% in the 3rd quarter. Coldstream Capital Management Inc. now owns 5,537 shares of the company's stock valued at $293,000 after buying an additional 1,392 shares during the period. Finally, Danske Bank A S acquired a new position in shares of GXO Logistics in the 3rd quarter valued at $79,000. 90.67% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
GXO has been the subject of a number of recent research reports. JPMorgan Chase & Co. upped their price objective on shares of GXO Logistics from $66.00 to $67.00 and gave the stock an "overweight" rating in a report on Thursday, November 6th. UBS Group boosted their price target on GXO Logistics from $58.00 to $63.00 and gave the stock a "buy" rating in a research report on Friday, October 3rd. Wells Fargo & Company upped their price target on GXO Logistics from $60.00 to $65.00 and gave the stock an "overweight" rating in a research note on Monday, October 6th. Oppenheimer raised their price objective on GXO Logistics from $55.00 to $62.00 and gave the company an "outperform" rating in a research note on Thursday, August 7th. Finally, Deutsche Bank Aktiengesellschaft upgraded GXO Logistics from a "hold" rating to a "buy" rating and set a $64.00 target price for the company in a report on Thursday, November 6th. Eleven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $61.77.
Get Our Latest Stock Report on GXO Logistics
GXO Logistics Company Profile
(
Get Free Report)
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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