GXO Logistics Inc (NYSE: GXO) is -31.44% lower on its value in year-to-date trading and has touched a low of $41.95 and a high of $63.33 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 $41.96 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $41.93, the stock is -18.21% and -26.17% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.12 million and changing -0.07% at the moment leaves the stock -19.66% off its SMA200. GXO registered -31.82% loss for a year compared to 6-month gain of -13.48%. The firm has a 50-day simple moving average (SMA 50) of $57.1948 and a 200-day simple moving average (SMA200) of $52.22765.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -30.12% loss in the last 1 month and extending the period to 3 months gives it a -18.57%, and is -11.78% 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 4.03% over the week and 2.85% over the month.
GXO Logistics Inc (GXO) has around 131000 employees, a market worth around $4.92B and $11.05B in sales. Current P/E ratio is 46.96 and Fwd P/E is 12.85. Profit margin for the company is 0.97%. Distance from 52-week low is -0.05% and -33.79% from its 52-week high. The company has generated returns on investments over the last 12 months (1.38%).
with sales reaching $3.22B over the same period.The EPS is expected to grow by 7.07% this year, but quarterly earnings will post 19.51% year-over-year. Quarterly sales are estimated to grow 24.34% in year-over-year returns.
GXO Logistics Inc (GXO) Top Institutional Holders
619.0 institutions hold shares in GXO Logistics Inc (GXO), with institutional investors hold 95.81% of the company’s shares. The shares outstanding are 119.47M, and float is at 117.15M with Short Float at 2.02%. Institutions hold 95.00% of the Float.
The top institutional shareholder in the company is ORBIS ALLAN GRAY LTD with over 14.13 million shares valued at $713.48 million. The investor’s holdings represent 11.8454% of the GXO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.2 million shares valued at $565.41 million to account for 9.3871 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.96 million shares representing 9.1888% and valued at over $553.47 million, while NEUBERGER BERMAN GROUP LLC holds 3.0438 of the shares totaling 3.63 million with a market value of $183.34 million.
GXO Logistics Inc (GXO) Insider Activity
The most recent transaction is an insider purchase by Wilson Malcolm, the company’s Chief Executive Officer. SEC filings show that Wilson Malcolm bought 10,000 shares of the company’s common stock on Jun 11 ’24 at a price of $49.95 per share for a total of $0.5 million. Following the purchase, the insider now owns 0.1 million shares.
GXO Logistics Inc disclosed in a document filed with the SEC on Mar 08 ’24 that Ashe Gena L (Director) sold a total of 13,370 shares of the company’s common stock. The trade occurred on Mar 08 ’24 and was made at $50.00 per share for $0.67 million. Following the transaction, the insider now directly holds 7481.0 shares of the GXO stock.
Still, SEC filings show that on Mar 07 ’24, Ashe Gena L (Director) disposed off 4,737 shares at an average price of $50.00 for $0.24 million. The insider now directly holds 20,851 shares of GXO Logistics Inc (GXO).
