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The closing price of RXO Inc (NYSE: RXO) was $19.85 for the day, down -0.40% from the previous closing price of $19.93. In other words, the price has decreased by -$0.40 from its previous closing price. On the day, 0.78 million shares were traded.
Ratios:
Our analysis of RXO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.33 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 0.41 whereas as Long-Term Debt/Eq ratio is at 0.35.
On November 12, 2024, Citigroup Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $33.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 12 ’24 when Nettles Michelle bought 1,800 shares for $27.89 per share. The transaction valued at 50,202 led to the insider holds 15,185 shares of the business.
MFN Partners, LP bought 10,266,810 shares of RXO for $207,492,230 on Aug 12 ’24. The 10% Owner now owns 27,577,666 shares after completing the transaction at $20.21 per share. On May 09 ’24, another insider, MFN Partners, LP, who serves as the 10% Owner of the company, bought 61 shares for $20.39 each. As a result, the insider paid 1,244 and bolstered with 17,310,856 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.71 while its Price-to-Book (P/B) ratio in mrq is 2.00.
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 $18.75. The 50-Day Moving Average of the stock is -17.25%, while the 200-Day Moving Average is calculated to be -23.73%.
Shares Statistics:
A total of 162.52M shares are outstanding, with a floating share count of 157.65M. Insiders hold about 1.95% of the company’s shares, while institutions hold 105.31% stake in the company.
Earnings Estimates
RXO Inc (RXO) is currently under the scrutiny of 18.0 analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $0.06, with high estimates of $0.12 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.45 and $0.2 for the fiscal current year, implying an average EPS of $0.31. EPS for the following year is $0.67, with 18.0 analysts recommending between $0.99 and $0.4.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 15 analysts. It ranges from a high estimate of $1.6B to a low estimate of $1.38B. As of the current estimate, RXO Inc’s year-ago sales were $913MFor the next quarter, 15 analysts are estimating revenue of $1.6B. There is a high estimate of $1.76B for the next quarter, whereas the lowest estimate is $1.48B.
A total of 16 analysts have provided revenue estimates for RXO’s current fiscal year. The highest revenue estimate was $6.9B, while the lowest revenue estimate was $6.2B, resulting in an average revenue estimate of $6.62B. In the same quarter a year ago, actual revenue was $4.55BBased on 16 analysts’ estimates, the company’s revenue will be $7.15B in the next fiscal year. The high estimate is $7.75B and the low estimate is $6.51B.
