GXO Logistics, Inc. (GXO)
| Market Cap | 5.89B |
| Revenue (ttm) | 9.91B |
| Net Income (ttm) | 167.00M |
| Shares Out | 119.43M |
| EPS (ttm) | 1.39 |
| PE Ratio | 35.50 |
| Forward PE | 16.76 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,050,593 |
| Open | 49.76 |
| Previous Close | 49.79 |
| Day's Range | 48.37 - 49.85 |
| 52-Week Range | 46.38 - 67.57 |
| Beta | 1.70 |
| Analysts | Strong Buy |
| Price Target | 68.83 (+39.47%) |
| Earnings Date | Jul 31, 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 12 analysts, the average rating for GXO stock is "Strong Buy." The 12-month stock price forecast is $68.83, which is an increase of 39.47% from the latest price.
News
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
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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...
GXO Releases 2023 ESG Impact Report
“AA” ESG rating for third consecutive year; Named one of America's Climate Leaders 2024 by USA Today Greenwich, Conn., June 05, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's ...
GXO Deploys Innovative Approach to Providing Workforce Flexibility
Program provides on-demand employment opportunities for students, caregivers, retirees and others who value ability to make their own schedules
GXO Welcomes New Jewelry Customer Ring Concierge
PFSweb, now part of GXO, launches new order fulfillment solution for leading luxury jeweler GREENWICH, Conn., May 16, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pur...
GXO Deploys First-of-its-kind Large-scale Robotics Solution in France
PARIS, France, May 14, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced the successful deployment of a large-scale roboti...
GXO Opens New Distribution Hub for Conair
New facility expected to create approximately 700 new jobs over the next 10 years Expansion of GXO's partnership with Conair creates largest single distribution center in the state of Maryland, servin...
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UK's CMA to probe GXO Logistics-Wincanton deal
Britain's competition regulator will investigate U.S.-based warehousing firm GXO Logistics' 762 million pound ($952.2 million) completed buyout of UK peer Wincanton , it said on Wednesday.
GXO Reports First Quarter 2024 Results
First quarter revenue of $2.5 billion , up 6% year over year; organic revenue growth 1 of 1% Signed new business wins of approximately $250 million in annualized revenue in 1Q 2024; up 55% year over y...
GXO to Manage Logistics Operations for Levi Strauss & Co at State-of-the-Art German Distribution Center
GXO advances its growth strategy to serve leading global brands across sectors in Germany 70,000 automated square meter site with pioneering sustainability standards; Both LEED and WELL Health-Safety ...
GXO Completes Acquisition of Wincanton
Acquisition expands GXO's presence in key strategic growth sectors and materially enhances offering for UK and Ireland customers Acquisition expands GXO's presence in key strategic growth sectors and ...
GXO helps Virgin Media O2 cut single use plastic
GXO's partnership with Virgin Media O2 has helped remove 48 tonnes of single use plastic since 2021 GXO has driven a 94% reduction in single use plastics across its logistics operation LONDON, U.K., A...
GXO Announces Pricing of $1.1 Billion Notes Offering
GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (“GXO” or the “company”) (NYSE: GXO) today announced the pricing of $600 million of notes due 2029 (the “2029 notes”) and $500 ...
GXO Announces Launch of Senior Notes Offering
GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (“GXO” or the “company”) (NYSE: GXO) today announced that, subject to market and other conditions, it intends to offer one or m...
GXO Renews Agreement with Mars
15-year partnership enhancing supply chain operations with automated solutions 15-year partnership enhancing supply chain operations with automated solutions
Daikin and GXO Announce Opening of New Midlands Warehouse
LONDON, U.K., April 17, 2024 (GLOBE NEWSWIRE) -- Daikin, a renowned leader in the heating, cooling and ventilation industry, has announced the opening and commencement of outbound deliveries from its ...
GXO Appoints Corinna Refsgaard as Chief Human Resources Officer
GREENWICH, Conn., April 09, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced the appointment of Corinna Refsgaard as...
GXO Schedules First Quarter 2024 Earnings Conference Call for Wednesday, May 8, 2024
GREENWICH, Conn., April 04, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its first quarter 2024 earnings conference call and webcast on Wednesday, May 8, 2024, at 8:30 a.m. Easte...
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KEYS, DOW, GXO: Stock Picks With Attractive Entry Points
Is the stock market strength seen today driven by an increase of earnings growth expectations? Brian Jankowski says that valuations are getting stretched, but the technology sector can still offer opp...
GXO Appoints Nizar Trigui as Its First Chief Technology Officer
GREENWICH, Conn. and LONDON, U.K., March 12, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced the newly created lea...
GXO Announces Offer to Acquire Wincanton
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULAT...