GXO Logistics (NYSE:GXO) Posts Quarterly Earnings Results

GXO Logistics (NYSE:GXO) released its earnings results on Wednesday. The company reported $1.00 earnings per share 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 Stock Down 0.4 %

Shares of GXO stock opened at $42.81 on Thursday. GXO Logistics has a 12 month low of $41.38 and a 12 month high of $63.33. 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 cap of $5.11 billion, a PE ratio of 47.57, a price-to-earnings-growth ratio of 1.19 and a beta of 1.60. The stock has a 50 day moving average of $44.88 and a 200-day moving average of $51.07.

Wall Street Analyst Weigh In

GXO has been the topic of several research analyst reports. Oppenheimer lifted their price objective 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. Barclays lowered their price target on GXO Logistics from $60.00 to $52.00 and set an “equal weight” rating on the stock in a report on Wednesday, December 4th. TD Cowen raised their price objective on GXO Logistics from $82.00 to $83.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. UBS Group upped their target price on GXO Logistics from $66.00 to $72.00 and gave the company a “buy” rating in a report on Wednesday, November 6th. Finally, Loop Capital lowered shares of GXO Logistics from a “buy” rating to a “hold” rating and reduced their price target for the stock from $71.00 to $49.00 in a research report on Monday, February 3rd. Four investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.