Stock Surge: GXO Logistics Inc (GXO) Closes at 42.76, Marking a -5.21 Increase/Decrease

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In the latest session, GXO Logistics Inc (NYSE: GXO) closed at $42.76 down -5.21% from its previous closing price of $45.11. In other words, the price has decreased by -$5.21 from its previous closing price. On the day, 2.55 million shares were traded. GXO stock price reached its highest trading level at $45.98 during the session, while it also had its lowest trading level at $42.73.

Ratios:

For a deeper understanding of GXO Logistics 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 9.32 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.11. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.78 whereas as Long-Term Debt/Eq ratio is at 1.49.

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 $60.

On June 07, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $58.

TD Cowen reiterated its Buy rating for the stock on April 25, 2024, while the target price for the stock was revised from $78 to $80.

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 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 5109092864 and an Enterprise Value of 10123074560. As of this moment, GXO’s Price-to-Earnings (P/E) ratio for their current fiscal year is 47.89, and their Forward P/E ratio for the next fiscal year is 13.11. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 1.64. Its current Enterprise Value per Revenue stands at 0.916 whereas that against EBITDA is 13.164.

Stock Price History:

Over the past 52 weeks, GXO has reached a high of $63.33, while it has fallen to a 52-week low of $45.11. The 50-Day Moving Average of the stock is -25.66%, while the 200-Day Moving Average is calculated to be -18.19%.

Shares Statistics:

For the past three months, GXO has traded an average of 1.36M shares per day and 1567870 over the past ten days. A total of 119.47M shares are outstanding, with a floating share count of 117.15M. Insiders hold about 1.95% of the company’s shares, while institutions hold 92.80% stake in the company. Shares short for GXO as of 1732838400 were 2362191 with a Short Ratio of 1.73, compared to 1730332800 on 2668757. Therefore, it implies a Short% of Shares Outstanding of 2362191 and a Short% of Float of 2.31.

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