GXO Logistics, Inc. (GXO)

NYSE: GXO · Real-Time Price · USD
58.50
-0.22 (-0.37%)
Nov 20, 2024, 4:00 PM EST - Market closed
-0.37%
Market Cap 6.99B
Revenue (ttm) 11.05B
Net Income (ttm) 107.00M
Shares Out 119.48M
EPS (ttm) 0.89
PE Ratio 65.76
Forward PE 18.11
Dividend n/a
Ex-Dividend Date n/a
Volume 1,294,046
Open 58.81
Previous Close 58.72
Day's Range 57.88 - 59.05
52-Week Range 46.07 - 63.33
Beta 1.64
Analysts Strong Buy
Price Target 67.00 (+14.53%)
Earnings Date Nov 4, 2024

About GXO

GXO Logistics, Inc., together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, reverse logistics, and other supply chain services. As of December 31, 2023, it operated in approximately 974 facilities. The company serves various customers in the e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, consumer packaged goods, and others. GXO Logistics, Inc. was incorporated in 2021 and is head... [Read more]

Sector Industrials
Founded 2021
Employees 131,000
Stock Exchange NYSE
Ticker Symbol GXO
Full Company Profile

Financial Performance

In 2023, GXO Logistics's revenue was $9.78 billion, an increase of 8.73% compared to the previous year's $8.99 billion. Earnings were $229.00 million, an increase of 16.24%.

Financial Statements

Analyst Forecast

According to 11 analysts, the average rating for GXO stock is "Strong Buy." The 12-month stock price forecast is $67.0, which is an increase of 14.53% from the latest price.

Price Target
$67.0
(14.53% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

GXO Logistics: On Track To Achieve FY 2027 EBITDA Target

I maintain a buy rating for GXO due to solid growth prospects, driven by new business wins and improving business confidence. GXO's Q3 revenue grew 27.8% y/y, with organic growth accelerating for the ...

14 days ago - Seeking Alpha

GXO Logistics, Inc. (GXO) Q3 2024 Earnings Call Transcript

GXO Logistics, Inc. (NYSE:GXO) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Kristine...

15 days ago - Seeking Alpha

GXO Reports Third Quarter 2024 Results

Third quarter revenue increased 28% year over year to a record $3.2 billion , with organic revenue growth of 3% Signed approximately $750 million in annualized revenue year to date; on track to win a ...

16 days ago - GlobeNewsWire

UK watchdog finds competition concerns in GXO Logistics-Wincanton deal

Britain's competition watchdog said on Friday the acquisition of Wincanton by U.S.-based warehousing firm GXO Logistics , for 762 million pounds ($983.97 million), could reduce competition and raise p...

19 days ago - Reuters

GXO's State-of-the-art Dormagen Site at Full Capacity

DORMAGEN, Germany, Oct. 30, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced its state-of-the-art 36,000 square met...

22 days ago - GlobeNewsWire

GXO Unlocks Growth for Luxury Retailer Beauty Pie

GXO has distributed almost 4 million makeup and skincare products to Beauty Pie customers across the UK LONDON, U.K. , Oct. 23, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's la...

4 weeks ago - GlobeNewsWire

GXO Adds Beauty Segment to Extended Partnership with Henkel

PARIS, France, Oct. 17, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced that it has extended and expanded its partnership...

5 weeks ago - GlobeNewsWire

GXO announces new transport partnership with Matalan

GXO to become Matalan's strategic transport partner, responsible for over 550 weekly deliveries to over 200 Matalan stores across the UK&I

5 weeks ago - GlobeNewsWire

Final Trades: Delta Air Lines, Sysco and GXO Logistics Inc.

Today's Final Trades from the Investment Committee.

Other symbols: DALSYY
5 weeks ago - CNBC Television

GXO Schedules Third Quarter 2024 Earnings Conference Call for Tuesday, November 5, 2024

GREENWICH, Conn., Oct. 07, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its third quarter 2024 earnings conference call and webcast on Tuesday, November 5, 2024, at 8:30 a.m. Eas...

6 weeks ago - GlobeNewsWire

GXO and Forum Sport launch new partnership in Spain

GXO will manage two logistics centers in Vitoria of nearly 20,000 square meters, strengthening its footprint in the North of Spain

7 weeks ago - GlobeNewsWire

Stocks with Sights on Rebound: KEYS, LULU, GXO

Christopher Barto with Fort Pitt Capital Group says as the market is figuring out what to do with the Fed's 50BPS rate cut, investors can jump onto stocks he believes will trend up. Diane King Hall an...

Other symbols: LULUKEYS
2 months ago - Schwab Network

GXO Partners with Reflex Robotics to Deploy New Warehouse Automation

Agreement offers exceptional flexibility on a RaaS model GREENWICH, Conn., Sept. 18, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play contract logistics provide...

2 months ago - GlobeNewsWire

GXO Logistics: Four Reasons Why I Bought The Dip

GXO's stock recently declined as a result of Q2-24 earnings, I view this as an opportunity to buy a high quality business ata great price. GXO is the global leader in logistics contracting serving 1,2...

2 months ago - Seeking Alpha

GXO Extends Longstanding Partnership with Affinity Petcare

GXO has been supporting Affinity Petcare in France for two decades PARIS, France, Aug. 22, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play contract logistics p...

3 months ago - GlobeNewsWire

Why investors should buy into logistics, skip utilities

On Yahoo Finance's Good Buy or Goodbye, host Julie Hyman is joined by Great Hill Capital Chairman and Managing Member Tom Hayes to discuss his top stock picks and avoidances in the logistics and utili...

Other symbols: XLU
3 months ago - Yahoo Finance

GXO Logistics: Leading Indicators Suggest A Robust Growth Outlook

GXO Logistics' 2Q24 performance showed strong revenue growth and organic growth acceleration, leading to a positive outlook for the company. Macro indicators such as improving retail sales and invento...

3 months ago - Seeking Alpha

GXO Logistics, Inc. (GXO) Q2 2024 Earnings Call Transcript

GXO Logistics, Inc. (NYSE:GXO) Q2 2024 Results Conference Call August 6, 2024 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Kristine Ku...

3 months ago - Seeking Alpha

GXO Reports Second Quarter 2024 Results

GREENWICH, Conn., Aug. 06, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) today announced results for the second quarter 2024.

3 months ago - GlobeNewsWire

GXO appoints Rui Marques as Managing Director in Spain and Portugal

After leading GXO in France, Marques returns to Spain and Portugal to drive GXO's expansion MADRID, Spain, July 15, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-p...

4 months ago - GlobeNewsWire

GXO Schedules Second Quarter 2024 Earnings Conference Call for Tuesday, August 6, 2024

GREENWICH, Conn., July 10, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter 2024 earnings conference call and webcast on Tuesday, August 6, 2024, at 8:30 a.m. East...

4 months ago - GlobeNewsWire

GXO Signs Industry-First Multi-Year Agreement with Agility Robotics

Robots-as-a-Service (RaaS) agreement integrates Agility's Humanoid robots with other cobots at SPANX facility GREENWICH, Conn., June 27, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), the ...

5 months ago - GlobeNewsWire

GXO recognized by Ex-Forces in Business for support of British veterans and reservists

The UK's leading logistics firm has been nominated for the Employer of the Year Award for the second year running by Ex-Forces in Business

5 months ago - GlobeNewsWire

Calls of the Day: Samsara, TransDigm, Skyworks Solutions, Warner Bros., GXO Logistics and Honeywell

The Investment Committee discuss the latest Calls Of The Day.

Other symbols: HONIOTSWKSTDGWBD
5 months ago - CNBC Television

GXO Receives SDCE 2024 Supply Chain Projects Award for Industry-first Humanoid Robotics Pilot

Industry-first pilot tested a humanoid robot in an actual warehouse environment Greenwich, Conn., June 17, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), the world's largest pure-play cont...

5 months ago - GlobeNewsWire