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As of close of business last night, RXO Inc’s stock clocked out at $29.29, down -1.05% from its previous closing price of $29.60. In other words, the price has decreased by -$1.05 from its previous closing price. On the day, 0.8 million shares were traded. RXO stock price reached its highest trading level at $29.64 during the session, while it also had its lowest trading level at $28.92.
Ratios:
To gain a deeper understanding of RXO’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 1.04 whereas as Long-Term Debt/Eq ratio is at 0.92.
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, Citigroup on October 09, 2024, initiated with a Buy rating and assigned the stock a target price of $33.
TD Cowen reiterated its Hold rating for the stock on May 03, 2024, while the target price for the stock was revised from $19 to $20.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Aug 12 ’24 when MFN Partners, LP bought 10,266,810 shares for $20.21 per share. The transaction valued at 207,492,230 led to the insider holds 27,577,666 shares of the business.
MFN Partners, LP bought 61 shares of RXO for $1,244 on May 09 ’24. The 10% Owner now owns 17,310,856 shares after completing the transaction at $20.39 per share. On May 06 ’24, another insider, MFN Partners, LP, who serves as the 10% Owner of the company, bought 361 shares for $20.40 each. As a result, the insider paid 7,364 and bolstered with 17,310,795 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, RXO now has a Market Capitalization of 4622577152 and an Enterprise Value of 4038279680. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 5.95. Its current Enterprise Value per Revenue stands at 1.064 whereas that against EBITDA is 39.591.
Stock Price History:
Over the past 52 weeks, RXO has reached a high of $32.82, while it has fallen to a 52-week low of $16.94. The 50-Day Moving Average of the stock is 5.40%, while the 200-Day Moving Average is calculated to be 22.84%.
Shares Statistics:
It appears that RXO traded 1.19M shares on average per day over the past three months and 767600 shares per day over the past ten days. A total of 157.82M shares are outstanding, with a floating share count of 155.34M. Insiders hold about 1.57% of the company’s shares, while institutions hold 90.86% stake in the company. Shares short for RXO as of 1727654400 were 5163189 with a Short Ratio of 4.32, compared to 1724976000 on 4530893. Therefore, it implies a Short% of Shares Outstanding of 5163189 and a Short% of Float of 5.6500003.
