GXO Logistics (NYSE:GXO) Issues Quarterly Earnings Results

GXO Logistics (NYSE:GXO) announced its quarterly earnings data on Wednesday. The company reported $1.00 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.06, Zacks reports. GXO Logistics had a return on equity of 10.03% and a net margin of 0.97%. GXO Logistics updated its FY 2025 guidance to 2.400-2.600 EPS.

GXO Logistics Price Performance

Shares of GXO stock traded down $0.19 during trading hours on Wednesday, hitting $42.81. 2,294,896 shares of the company’s stock were exchanged, compared to its average volume of 1,205,548. GXO Logistics has a 52 week low of $41.38 and a 52 week high of $63.33. The stock has a market cap of $5.12 billion, a price-to-earnings ratio of 47.57, a price-to-earnings-growth ratio of 1.19 and a beta of 1.60. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.86 and a quick ratio of 0.86. The stock’s 50-day moving average is $45.04 and its 200-day moving average is $51.13.

Analyst Upgrades and Downgrades

Several brokerages recently commented on GXO. Barclays reduced their target price on GXO Logistics from $60.00 to $52.00 and set an “equal weight” rating for the company in a research report on Wednesday, December 4th. Loop Capital downgraded shares of GXO Logistics from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $71.00 to $49.00 in a report on Monday, February 3rd. TD Cowen upped their target price on shares of GXO Logistics from $82.00 to $83.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Oppenheimer increased their price target on shares of GXO Logistics from $63.00 to $67.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 27th. Finally, The Goldman Sachs Group decreased their price objective on GXO Logistics from $63.00 to $54.00 and set a “neutral” rating on the stock in a report on Thursday, January 16th. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $63.46.

GXO Logistics Company Profile

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.