GXO Logistics, Inc. (GXO)

NYSE: GXO · Real-Time Price · USD
49.16
-0.14 (-0.28%)
Oct 7, 2024, 4:00 PM EDT - Market closed
-0.28%
Market Cap 5.87B
Revenue (ttm) 10.36B
Net Income (ttm) 140.00M
Shares Out 119.47M
EPS (ttm) 1.17
PE Ratio 41.73
Forward PE 15.73
Dividend n/a
Ex-Dividend Date n/a
Volume 470,789
Open 49.00
Previous Close 49.30
Day's Range 48.60 - 49.41
52-Week Range 46.07 - 63.07
Beta 1.67
Analysts Strong Buy
Price Target 67.36 (+37.02%)
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 $67.36, which is an increase of 37.02% from the latest price.

Price Target
$67.36
(37.02% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

10 hours 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

6 days 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
17 days 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...

19 days 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...

5 weeks 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...

6 weeks 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
7 weeks 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...

7 weeks 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...

2 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.

2 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...

3 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...

3 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 ...

3 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

3 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
3 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...

4 months ago - GlobeNewsWire

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 ...

4 months ago - GlobeNewsWire

GXO Logistics: Market Short-Sightedness Creates Buying Opportunity

GXO Logistics has had a slight pause in growth, but its outlook looks promising. Currently operates with ROIC below WACC, but there will be a significant improvement in returns in the next couple of y...

4 months ago - Seeking Alpha

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

4 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

Three overlooked stocks from a Spanish quant: ‘Now is not a time everyone is going to win.'

With the S&P 500 SPX up more than 8% so far this year, the challenge is on for stock pickers around the world to find those overlooked companies.

Other symbols: LULUMU
5 months ago - Market Watch

GXO Logistics, Inc. (GXO) Q1 2024 Earnings Call Transcript

GXO Logistics, Inc. (NYSE:GXO) 1 2024 Results Conference Call May 8, 2024 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Richard Cawston...

5 months ago - Seeking Alpha

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.

5 months ago - Reuters