Recent Investment Analysts’ Ratings Updates for RXO (RXO)

RXO (NYSE: RXO) recently received a number of ratings updates from brokerages and research firms:

• 1/23/2025 – RXO had its price target raised by analysts at Stifel Nicolaus from $26.00 to $27.00. They now have a “hold” rating on the stock.
• 1/17/2025 – RXO had its price target lowered by analysts at Barclays PLC from $32.00 to $30.00. They now have an “overweight” rating on the stock.
• 1/15/2025 – RXO had its “hold” rating reaffirmed by analysts at Benchmark Co..
• 1/10/2025 – RXO had its price target lowered by analysts at Jefferies Financial Group Inc. from $33.00 to $30.00. They now have a “buy” rating on the stock.
• 1/7/2025 – RXO had its price target lowered by analysts at Wells Fargo & Company from $31.00 to $28.00. They now have an “equal weight” rating on the stock.

RXO Price Performance

Shares of RXO stock traded down $0.81 during trading hours on Tuesday, reaching $26.01. The stock had a trading volume of 1,351,643 shares, compared to its average volume of 928,692. The company has a current ratio of 1.33, a quick ratio of 1.33 and a debt-to-equity ratio of 0.21. RXO, Inc. has a twelve month low of $18.75 and a twelve month high of $32.82. The firm has a market capitalization of $4.18 billion, a PE ratio of -13.13, a PEG ratio of 3.72 and a beta of 1.52. The stock’s 50 day moving average is $26.51 and its 200 day moving average is $27.75.

RXO (NYSE:RXO) last announced its earnings results on Thursday, November 7th. The company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01. RXO had a negative net margin of 6.81% and a positive return on equity of 1.64%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $956.19 million. During the same quarter in the previous year, the company posted $0.05 EPS. The firm’s quarterly revenue was up 6.6% on a year-over-year basis. Equities analysts expect that RXO, Inc. will post 0.12 earnings per share for the current fiscal year.

Institutional Investors Weigh In On RXO

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Loomis Sayles & Co. L P acquired a new position in shares of RXO during the 3rd quarter valued at about $27,964,000. Zimmer Partners LP acquired a new position in shares of RXO during the 3rd quarter valued at about $22,680,000. Franklin Resources Inc. acquired a new position in shares of RXO during the 3rd quarter valued at about $22,344,000. Victory Capital Management Inc. boosted its position in shares of RXO by 1,772.4% during the 3rd quarter. Victory Capital Management Inc. now owns 761,230 shares of the company’s stock valued at $21,314,000 after acquiring an additional 720,574 shares during the last quarter. Finally, State Street Corp raised its holdings in RXO by 13.3% in the 3rd quarter. State Street Corp now owns 5,124,927 shares of the company’s stock valued at $143,498,000 after buying an additional 602,741 shares during the period. Institutional investors and hedge funds own 92.73% of the company’s stock.

RXO, Inc provides full truckload freight transportation brokering services. It also offers brokered services for managed transportation, last mile, and freight forwarding. The company was incorporated in 2022 and is based in Charlotte, North Carolina.