GXO Logistics Inc (NYSE: GXO) is -18.75% lower on its value in year-to-date trading and has touched a low of $43.57 and a high of $67.57 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GXO stock was last observed hovering at around $48.85 in the last trading session, with the day’s gains setting it 0.84%.
Currently trading at $49.69, the stock is -4.35% and -9.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.08 million and changing 1.72% at the moment leaves the stock -14.79% off its SMA200. GXO registered 10.42% gain for a year compared to 6-month loss of -16.91%. The firm has a 50-day simple moving average (SMA 50) of $0.98 and a 200-day simple moving average (SMA200) of $14.04.
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The stock witnessed a -13.01% gain in the last 1 month and extending the period to 3 months gives it a -13.75%, and is -0.38% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.12% over the week and 2.51% over the month.
GXO Logistics Inc (GXO) has around 131000 employees, a market worth around $5.93B and $9.78B in sales. Current P/E ratio is 25.94 and Fwd P/E is 15.59. Profit margin for the company is 2.34%. Distance from 52-week low is 14.05% and -26.46% from its 52-week high. The company has generated returns on investments over the last 12 months (3.59%).
GXO Logistics Inc quarterly earnings per share for the current quarter are estimated at $0.45 with sales reaching $2.38B over the same period.The EPS is expected to grow by 5.48% this year, but quarterly earnings will post 4.70% year-over-year. Quarterly sales are estimated to grow 2.50% in year-over-year returns.
657 institutions hold shares in GXO Logistics Inc (GXO), with institutional investors hold 96.37% of the company’s shares. The shares outstanding are 119.06M, and float is at 116.98M with Short Float at 1.98%. Institutions hold 95.57% of the Float.
The top institutional shareholder in the company is Orbis Allan Gray Ltd with over 15.75 million shares valued at $989.63 million. The investor’s holdings represent 13.25% of the GXO Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 11.1 million shares valued at $697.29 million to account for 9.33% of the shares outstanding. The other top investors are Blackrock Inc. which holds 10.77 million shares representing 9.05% and valued at over $676.3 million, while Perpetual Ltd. holds 4.29% of the shares totaling 5.1 million with a market value of $298.98 million.
GXO Logistics Inc (GXO) Insider Activity
The most recent transaction is an insider sale by Ashe Gena L, the company’s Director. SEC filings show that Ashe Gena L sold 13,370 shares of the company’s common stock on Mar 08 ’24 at a price of $50.00 per share for a total of $0.67 million. Following the sale, the insider now owns 7481.0 shares.
GXO Logistics Inc disclosed in a document filed with the SEC on Mar 07 ’24 that Ashe Gena L (Director) sold a total of 4,737 shares of the company’s common stock. The trade occurred on Mar 07 ’24 and was made at $50.00 per share for $0.24 million. Following the transaction, the insider now directly holds 20851.0 shares of the GXO stock.
Still, SEC filings show that on Jan 03 ’24, Ashe Gena L (Director) disposed off 10,526 shares at an average price of $58.15 for $0.61 million. The insider now directly holds 15,062 shares of GXO Logistics Inc (GXO).
