GXO Logistics (NYSE:GXO) Updates FY 2025 Earnings Guidance

GXO Logistics (NYSE:GXO) updated its FY 2025 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.430-2.630 for the period, compared to the consensus estimate of 2.450. The company issued revenue guidance of -.

Analysts Set New Price Targets

Several brokerages recently issued reports on GXO. Wells Fargo & Company boosted their price objective on shares of GXO Logistics from $44.00 to $48.00 and gave the company an “overweight” rating in a report on Friday, June 20th. Stifel Nicolaus boosted their price target on shares of GXO Logistics from $63.00 to $67.00 and gave the company a “buy” rating in a research note on Monday. Truist Financial lowered their price objective on shares of GXO Logistics from $40.00 to $35.00 and set a “hold” rating for the company in a research report on Thursday, April 24th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of GXO Logistics in a report on Friday, March 7th. They issued a “hold” rating and a $45.00 target price for the company. Finally, Citigroup decreased their price target on GXO Logistics from $51.00 to $45.00 and set a “buy” rating on the stock in a research note on Tuesday, April 8th. Five research analysts have rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $53.86.

GXO Logistics Trading Down 0.2%

GXO opened at $47.89 on Thursday. GXO Logistics has a 12 month low of $30.46 and a 12 month high of $63.33. The stock has a market capitalization of $5.48 billion, a price-to-earnings ratio of 77.24, a PEG ratio of 2.24 and a beta of 1.59. The company has a debt-to-equity ratio of 0.88, a current ratio of 0.78 and a quick ratio of 0.78. The business has a fifty day moving average price of $40.41 and a 200 day moving average price of $41.07.

GXO Logistics (NYSE:GXO) last announced its quarterly earnings data on Wednesday, May 7th. The company reported $0.29 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.26 by $0.03. GXO Logistics had a return on equity of 10.49% and a net margin of 0.61%. The business had revenue of $2.98 billion during the quarter, compared to analysts’ expectations of $2.94 billion. During the same quarter last year, the business posted $0.45 EPS. The business’s quarterly revenue was up 21.2% compared to the same quarter last year. Sell-side analysts expect that GXO Logistics will post 2.49 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in GXO. Geneos Wealth Management Inc. increased its position in shares of GXO Logistics by 4,775.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 1,999 shares of the company’s stock valued at $78,000 after purchasing an additional 1,958 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of GXO Logistics by 2.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 377,211 shares of the company’s stock worth $14,741,000 after purchasing an additional 8,670 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of GXO Logistics by 29.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 39,867 shares of the company’s stock worth $1,568,000 after purchasing an additional 9,134 shares in the last quarter. Hedge funds and other institutional investors own 90.67% of the company’s stock.

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.