The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
After finishing at $48.85 in the prior trading day, GXO Logistics Inc (NYSE: GXO) closed at $48.16, down -1.41%. In other words, the price has decreased by -$1.41 from its previous closing price. On the day, 0.69 million shares were traded. GXO stock price reached its highest trading level at $49.27 during the session, while it also had its lowest trading level at $48.11.
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 12.27 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.98 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 1.40 whereas as Long-Term Debt/Eq ratio is at 1.19.
On February 15, 2024, TD Cowen reiterated its Outperform rating and also lowered its target price recommendation from $70 to $78.
TD Cowen reiterated its Outperform rating for the stock on January 12, 2024, while the target price for the stock was revised from $72 to $70.
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 Mar 08 ’24 when Ashe Gena L sold 13,370 shares for $50.00 per share. The transaction valued at 668,500 led to the insider holds 7,481 shares of the business.
Ashe Gena L sold 4,737 shares of GXO for $236,850 on Mar 07 ’24. The Director now owns 20,851 shares after completing the transaction at $50.00 per share. On Jan 03 ’24, another insider, Ashe Gena L, who serves as the Director of the company, sold 10,526 shares for $58.15 each. As a result, the insider received 612,048 and left with 15,062 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 5743657984 and an Enterprise Value of 9393671168. As of this moment, GXO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.14, and their Forward P/E ratio for the next fiscal year is 15.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.59 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 0.961 whereas that against EBITDA is 12.475.
Stock Price History:
Over the past 52 weeks, GXO has reached a high of $67.57, while it has fallen to a 52-week low of $48.12. The 50-Day Moving Average of the stock is -7.15%, while the 200-Day Moving Average is calculated to be -15.76%.
Shares Statistics:
The stock has traded on average 915.17K shares per day over the past 3-months and 830650 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 116.96M. Insiders hold about 1.93% of the company’s shares, while institutions hold 91.86% stake in the company. Shares short for GXO as of 1711584000 were 2393116 with a Short Ratio of 2.61, compared to 1709164800 on 2311438. Therefore, it implies a Short% of Shares Outstanding of 2393116 and a Short% of Float of 2.35.
Earnings Estimates
GXO Logistics Inc (GXO) is currently under the scrutiny of Geo Group Inc (The) REIT analysts, each contributing to the ongoing evaluation of its stock.The consensus estimate for the next quarter is $48.16, with high estimates of $18.18 and low estimates of $26.47.
Analysts are recommending an EPS of between $Energy and $Consumer Defensive for the fiscal current year, implying an average EPS of $Industrials.
