GXO Logistics Inc [NYSE: GXO] stock went on an upward path that rose over 14.09% on Thursday, amounting to a one-week price increase of more than 17.72%.
Over the last 12 months, GXO stock rose by 2.62%. The one-year GXO Logistics Inc stock forecast points to a potential upside of 13.24. The average equity rating for GXO stock is currently 1.39, trading closer to a bullish pattern in the stock market.
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The market cap for the stock reached $6.94 billion, with 119.06 million shares outstanding and 117.14 million shares in the current float. Compared to the average trading volume of 756.89K shares, GXO stock reached a trading volume of 7238848 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on GXO Logistics Inc [GXO]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GXO shares is $66.93 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GXO stock is a recommendation set at 1.39. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for GXO Logistics Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 09, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price to Overweight. The new note on the price target was released on June 07, 2024, representing the official price target for GXO Logistics Inc stock. Previously, the target price had yet another raise from $78 to $80, while TD Cowen kept a Buy rating on GXO stock.
The Average True Range (ATR) for GXO Logistics Inc is set at 1.89, with the Price to Sales ratio for GXO stock in the period of the last 12 months amounting to 0.67. The Price to Book ratio for the last quarter was 2.39, with the Price to Cash per share for the same quarter was set at 3.93. Price to Free Cash Flow for GXO in the course of the last twelve months was 20.53 with Quick ratio for the last quarter at 0.86.
GXO Stock Performance Analysis:
GXO Logistics Inc [GXO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 17.72. With this latest performance, GXO shares gained by 18.63% in over the last four-week period, additionally plugging by 12.67% over the last 6 months – not to mention a rise of 2.62% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GXO stock in for the last two-week period is set at 75.14, with the RSI for the last a single of trading hit 81.73, and the three-weeks RSI is set at 69.76 for GXO Logistics Inc [GXO]. The present Moving Average for the last 50 days of trading for this stock 49.84, while it was recorded at 51.51 for the last single week of trading, and 51.88 for the last 200 days.
Insight into GXO Logistics Inc Fundamentals:
GXO Logistics Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.86 and a Current Ratio set at 0.86.
GXO Stock EPS
With the latest financial reports released by the company, GXO Logistics Inc posted 0.69/share EPS, while the average EPS was predicted by analysts to be reported at 0.66/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.03. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for GXO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for GXO Logistics Inc go to 13.00%.
GXO Logistics Inc [GXO] Institutonal Ownership Details
There are presently around $95.36%, or 96.18%% of GXO stock, in the hands of institutional investors. The top three institutional holders of GXO stocks are: ORBIS ALLAN GRAY LTD with ownership of 14.13 million shares, which is approximately 11.8454%. VANGUARD GROUP INC, holding 11.2 million shares of the stock with an approximate value of $$565.41 million in GXO stocks shares; and VANGUARD GROUP INC, currently with $$553.47 million in GXO stock with ownership which is approximately 9.1888%.
