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GXO Logistics Inc (NYSE: GXO) closed the day trading at $46.86 down -0.38% from the previous closing price of $47.04. In other words, the price has decreased by -$0.38 from its previous closing price. On the day, 0.95 million shares were traded. GXO stock price reached its highest trading level at $48.585 during the session, while it also had its lowest trading level at $46.6.
Ratios:
For a better understanding of GXO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.94 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.87 whereas as Long-Term Debt/Eq ratio is at 1.56.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on June 07, 2024, initiated with a Overweight rating and assigned the stock a target price of $58.
On April 25, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $78 to $80.
Exane BNP Paribas Upgraded its Underperform to Neutral on March 27, 2024, while the target price for the stock was maintained at $50.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 11 ’24 when Wilson Malcolm bought 10,000 shares for $49.95 per share. The transaction valued at 499,500 led to the insider holds 100,814 shares of the business.
Ashe Gena L sold 13,370 shares of GXO for $668,500 on Mar 08 ’24. The Director now owns 7,481 shares after completing the transaction at $50.00 per share. On Mar 07 ’24, another insider, Ashe Gena L, who serves as the Director of the company, sold 4,737 shares for $50.00 each. As a result, the insider received 236,850 and left with 20,851 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GXO now has a Market Capitalization of 5598176768 and an Enterprise Value of 10584198144. As of this moment, GXO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.09, and their Forward P/E ratio for the next fiscal year is 14.08. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.64. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.54 while its Price-to-Book (P/B) ratio in mrq is 1.93. Its current Enterprise Value per Revenue stands at 1.021 whereas that against EBITDA is 14.226.
Stock Price History:
Over the past 52 weeks, GXO has reached a high of $65.48, while it has fallen to a 52-week low of $46.07. The 50-Day Moving Average of the stock is -7.61%, while the 200-Day Moving Average is calculated to be -11.84%.
Shares Statistics:
Over the past 3-months, GXO traded about 851.06K shares per day on average, while over the past 10 days, GXO traded about 965070 shares per day. A total of 119.06M shares are outstanding, with a floating share count of 117.14M. Insiders hold about 1.95% of the company’s shares, while institutions hold 97.42% stake in the company. Shares short for GXO as of 1722384000 were 3682576 with a Short Ratio of 4.33, compared to 1719532800 on 3521596. Therefore, it implies a Short% of Shares Outstanding of 3682576 and a Short% of Float of 3.5999999999999996.
