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.
In the latest session, RXO Inc (NYSE: RXO) closed at $19.91 up 2.10% from its previous closing price of $19.50. In other words, the price has increased by $2.10 from its previous closing price. On the day, 0.73 million shares were traded. RXO stock price reached its highest trading level at $19.987 during the session, while it also had its lowest trading level at $19.53.
Ratios:
For a deeper understanding of RXO Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 468.04 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 93.61. 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 0.94 whereas as Long-Term Debt/Eq ratio is at 0.85.
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, TD Cowen on February 09, 2024, Reiterated its Market Perform rating but revised its target price to $19.50 from $16.50 previously.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 19 ’24 when MFN Partners, LP bought 200,000 shares for $19.46 per share. The transaction valued at 3,892,000 led to the insider holds 16,875,369 shares of the business.
MFN Partners, LP bought 870,000 shares of RXO for $16,982,400 on Apr 18 ’24. The 10% Owner now owns 16,675,369 shares after completing the transaction at $19.52 per share. On Apr 17 ’24, another insider, MFN Partners, LP, who serves as the 10% Owner of the company, bought 175,690 shares for $19.53 each. As a result, the insider paid 3,431,226 and bolstered with 15,805,369 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 2340281088 and an Enterprise Value of 2836350208. As of this moment, RXO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 597.90, and their Forward P/E ratio for the next fiscal year is 29.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 3.92. Its current Enterprise Value per Revenue stands at 0.722 whereas that against EBITDA is 21.167.
Stock Price History:
Over the past 52 weeks, RXO has reached a high of $24.33, while it has fallen to a 52-week low of $16.94. The 50-Day Moving Average of the stock is -4.65%, while the 200-Day Moving Average is calculated to be -2.44%.
Shares Statistics:
For the past three months, RXO has traded an average of 684.17K shares per day and 856250 over the past ten days. A total of 117.03M shares are outstanding, with a floating share count of 115.19M. Insiders hold about 2.00% of the company’s shares, while institutions hold 99.82% stake in the company. Shares short for RXO as of 1711584000 were 2951863 with a Short Ratio of 4.31, compared to 1709164800 on 2745402. Therefore, it implies a Short% of Shares Outstanding of 2951863 and a Short% of Float of 4.99.
Earnings Estimates
Currently, 16.0 analysts are dedicated to thoroughly evaluating and rating the performance of RXO Inc (RXO) in the stock market.On average, analysts expect EPS of -$0.04 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.07, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.02, with high estimates of $0.07 and low estimates of -$0.01.
Analysts are recommending an EPS of between $0.41 and $0.1 for the fiscal current year, implying an average EPS of $0.21. EPS for the following year is $0.66, with 16.0 analysts recommending between $0.81 and $0.5.
Revenue Estimates
A total of 12 analysts believe the company’s revenue will be $929.48M this quarter.It ranges from a high estimate of $979.9M to a low estimate of $870.66M. As of the current estimate, RXO Inc’s year-ago sales were $1.01BFor the next quarter, 12 analysts are estimating revenue of $964.47M. There is a high estimate of $1.03B for the next quarter, whereas the lowest estimate is $915M.
A total of 14 analysts have provided revenue estimates for RXO’s current fiscal year. The highest revenue estimate was $4.26B, while the lowest revenue estimate was $3.84B, resulting in an average revenue estimate of $4.03B. In the same quarter a year ago, actual revenue was $3.93BBased on 14 analysts’ estimates, the company’s revenue will be $4.48B in the next fiscal year. The high estimate is $5.02B and the low estimate is $4.11B.
