GXO Logistics Inc (NYSE: GXO) is -3.86% lower on its value in year-to-date trading and has touched a low of $30.46 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 $41.19 in the last trading session, with the day’s gains setting it 0.63%.
Currently trading at $41.82, the stock is 2.58% and 10.03% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 1.53% at the moment leaves the stock -9.87% off its SMA200. GXO registered -16.74% loss for a year compared to 6-month loss of -31.25%. The firm has a 50-day simple moving average (SMA 50) of $38.0074 and a 200-day simple moving average (SMA200) of $46.4014.
The stock witnessed a 12.03% gain in the last 1 month and extending the period to 3 months gives it a 8.68%, and is 2.15% up 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 1.65% over the week and 2.18% over the month.
GXO Logistics Inc (GXO) has around 152000 employees, a market worth around $4.79B and $12.23B in sales. Current P/E ratio is 67.53 and Fwd P/E is 14.18. Profit margin for the company is 0.61%. Distance from 52-week low is 37.29% and -33.96% from its 52-week high. The company has generated returns on investments over the last 12 months (1.02%).
with sales reaching $3.08B over the same period.The EPS is expected to shrink by -12.90% this year, but quarterly earnings will post 8.57% year-over-year. Quarterly sales are estimated to grow 8.30% in year-over-year returns.
574.0 institutions hold shares in GXO Logistics Inc (GXO), with institutional investors hold 108.11% of the company’s shares. The shares outstanding are 116.95M, and float is at 112.10M with Short Float at 7.17%. Institutions hold 107.09% of the Float.
The top institutional shareholder in the company is ORBIS ALLAN GRAY LTD with over 14.13 million shares valued at $$713.48 million. The investor’s holdings represent 11.8301 of the GXO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 11.2 million shares valued at $$565.41 million to account for 9.375 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 10.96 million shares representing 9.1769 and valued at over $$553.47 million, while NEUBERGER BERMAN GROUP LLC holds 3.0399 of the shares totaling 3.63 million with a market value of $$183.34 million.
GXO Logistics Inc (GXO) Insider Activity
Still, SEC filings show that on Jun 11 ’24, Wilson Malcolm (Chief Executive Officer) acquired 10,000 shares at an average price of $49.95 for $0.5 million. The insider now directly holds 100,814 shares of GXO Logistics Inc (GXO).
