GXO Logistics (NYSE:GXO) Announces Quarterly Earnings Results

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

GXO Logistics Trading Down 0.4 %

GXO stock traded down $0.19 during trading on Wednesday, hitting $42.81. The company had a trading volume of 2,293,787 shares, compared to its average volume of 1,205,548. The company has a quick ratio of 0.86, a current ratio of 0.86 and a debt-to-equity ratio of 0.81. The firm has a market capitalization of $5.12 billion, a P/E ratio of 47.57, a PEG ratio of 1.19 and a beta of 1.60. The company has a 50 day simple moving average of $45.04 and a 200-day simple moving average of $51.13. GXO Logistics has a 52-week low of $41.38 and a 52-week high of $63.33.

Analysts Set New Price Targets

GXO has been the subject of several analyst reports. UBS Group raised their target price on shares of GXO Logistics from $66.00 to $72.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Barclays lowered their target price on shares of GXO Logistics from $60.00 to $52.00 and set an “equal weight” rating for the company in a report on Wednesday, December 4th. The Goldman Sachs Group lowered their target price on shares of GXO Logistics from $63.00 to $54.00 and set a “neutral” rating for the company in a report on Thursday, January 16th. Oppenheimer raised their target price on shares of GXO Logistics from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. Finally, TD Cowen raised their target price on shares of GXO Logistics from $82.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $63.46.

About GXO Logistics

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.