GXO Logistics Inc (NYSE: GXO) is 4.11% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GXO stock was last observed hovering at around $47.97 in the last trading session, with the day’s loss setting it -46.57%.
Currently trading at $1.40M, the stock is 14.76% and 24.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.86 million and changing 3861780% at the moment leaves the stock 6.53% off its SMA200. GXO registered 12.87% gain for a year compared to 6-month loss of 4.58%.
The stock witnessed a 23.43% gain in the last 1 month and extending the period to 3 months gives it a 21.62%, and is 14.29% 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 5.71% over the week and 3.04% over the month.
GXO Logistics Inc (GXO) has around 152000 employees, a market worth around $5.62B and $12.23B in sales. Current P/E ratio is 79.28 and Fwd P/E is 16.66. Profit margin for the company is 0.61%. Distance from 52-week low is 61.20% and -22.47% from its 52-week high. The company has generated returns on investments over the last 12 months (1.02%).
The EPS is expected to shrink by -12.06% this year.
GXO Logistics Inc (GXO) Top Institutional Holders
The shares outstanding are 116.95M, and float is at 112.10M with Short Float at 7.26%.
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.
