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After finishing at $49.35 in the prior trading day, GXO Logistics Inc (NYSE: GXO) closed at $47.48, down -3.79%. In other words, the price has decreased by -$3.79 from its previous closing price. On the day, 1.39 million shares were traded. GXO stock price reached its highest trading level at $51.095 during the session, while it also had its lowest trading level at $47.47.
Ratios:
Our goal is to gain a better understanding of GXO by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.41 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 18.12. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.17.
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 5670868480 and an Enterprise Value of 9573958656. As of this moment, GXO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.02, and their Forward P/E ratio for the next fiscal year is 14.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.57 while its Price-to-Book (P/B) ratio in mrq is 1.98. Its current Enterprise Value per Revenue stands at 0.966 whereas that against EBITDA is 12.834.
Stock Price History:
Over the past 52 weeks, GXO has reached a high of $66.33, while it has fallen to a 52-week low of $46.38. The 50-Day Moving Average of the stock is -6.81%, while the 200-Day Moving Average is calculated to be -10.88%.
Shares Statistics:
The stock has traded on average 849.19K shares per day over the past 3-months and 815920 shares per day over the last 10 days, according to various share statistics. A total of 119.06M shares are outstanding, with a floating share count of 117.10M. Insiders hold about 1.95% of the company’s shares, while institutions hold 95.89% stake in the company. Shares short for GXO as of 1721001600 were 3676538 with a Short Ratio of 4.33, compared to 1718323200 on 3434334. Therefore, it implies a Short% of Shares Outstanding of 3676538 and a Short% of Float of 3.5999999999999996.
Earnings Estimates
As of right now, 13.0 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $0.8, with high estimates of $0.86 and low estimates of $0.68.
Analysts are recommending an EPS of between $2.89 and $2.62 for the fiscal current year, implying an average EPS of $2.78. EPS for the following year is $3.23, with 14.0 analysts recommending between $3.6 and $2.58.
Revenue Estimates
11 analysts predict $2.73B in revenue for the current quarter. It ranges from a high estimate of $2.88B to a low estimate of $2.44B. As of the current estimate, GXO Logistics Inc’s year-ago sales were $2.38BFor the next quarter, 11 analysts are estimating revenue of $2.97B. There is a high estimate of $3.06B for the next quarter, whereas the lowest estimate is $2.59B.
A total of 14 analysts have provided revenue estimates for GXO’s current fiscal year. The highest revenue estimate was $11.66B, while the lowest revenue estimate was $10.26B, resulting in an average revenue estimate of $11.32B. In the same quarter a year ago, actual revenue was $9.78BBased on 14 analysts’ estimates, the company’s revenue will be $12.5B in the next fiscal year. The high estimate is $13.17B and the low estimate is $11.01B.
