GXO Logistics, Inc. (GXO)
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]
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 StatementsAnalyst 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.
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 ...
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...
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 ...
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...
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...
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...
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...
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
Final Trades: Delta Air Lines, Sysco and GXO Logistics Inc.
Today's Final Trades from the Investment Committee.
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...
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
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...
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...
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...
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...
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...
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...
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...
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.
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...
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...
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 ...
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
Calls of the Day: Samsara, TransDigm, Skyworks Solutions, Warner Bros., GXO Logistics and Honeywell
The Investment Committee discuss the latest Calls Of The Day.
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...