GXO Logistics, Inc. (GXO)
| Market Cap | 6.98B |
| Revenue (ttm) | 9.47B |
| Net Income (ttm) | 199.00M |
| Shares Out | 118.94M |
| EPS (ttm) | 1.66 |
| PE Ratio | 35.33 |
| Forward PE | 20.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 463,602 |
| Open | 58.97 |
| Previous Close | 58.34 |
| Day's Range | 58.51 - 59.54 |
| 52-Week Range | 32.10 - 67.57 |
| Beta | 1.85 |
| Analysts | Buy |
| Price Target | 70.00 (+19.35%) |
| Earnings Date | Nov 7, 2023 |
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, 2022, it operated in approximately 979 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 2022, GXO Logistics's revenue was $8.99 billion, an increase of 13.26% compared to the previous year's $7.94 billion. Earnings were $197.00 million, an increase of 28.76%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for GXO stock is "Buy." The 12-month stock price forecast is $70.0, which is an increase of 19.35% from the latest price.
News
PFSWEB INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of PFSweb, Inc. - PFSW
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of PFSweb, Inc. (Na...
GXO Appoints New Managing Director for Belgium and the Netherlands
Logistics industry veteran Willem Veekens to focus on accelerating growth, continuing this year's record number of warehouse start-ups Logistics industry veteran Willem Veekens to focus on acceleratin...
GXO Recognized for ‘Happiest Employees' by Comparably
Award based on factors that contribute to happiness at work, including a positive environment, competitive pay and clear company goals Award based on factors that contribute to happiness at work, incl...
GXO Extends Partnership with VTech
Since 2016, GXO has been supporting VTech's ecommerce, reverse logistics and recycling operations from its GXO Direct facility in West Hallam Since 2016, GXO has been supporting VTech's ecommerce, rev...
GXO Accelerates Deployment of Artificial Intelligence Solutions in the U.K.
GXO's partnership with Datasparq has improved route efficiency and reduced carbon emissions and diesel consumption for leading UK retailer Iceland GXO's partnership with Datasparq has improved route e...
GXO to Acquire PFSweb
GREENWICH, Conn., Sept. 14, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, and PFSweb , Inc. (Nasdaq: PFSW), a premier, tech-ena...
GXO Extends Agreement with Canon U.S.A., Inc. to Capture More Warehouse Efficiencies
GXO manages wholesale and B2C distribution as well as returns for digital imaging solutions leader GXO manages wholesale and B2C distribution as well as returns for digital imaging solutions leader
GXO Celebrates Successful First Year of Partnership with BT Group
GXO's expertise in warehouse and fleet operations helps optimize service and efficiency and boost bottom line for U.K.'s telecommunications leader GXO's expertise in warehouse and fleet operations hel...
GXO Receives 2023 ‘Quest for Quality' Award from Logistics Management magazine
GXO honored for excellence in the Third-Party Logistics (Value Add Warehousing) category GXO honored for excellence in the Third-Party Logistics (Value Add Warehousing) category
GXO Reports Second Quarter 2023 Results
Highlights Second quarter revenue grew 11% year over year to $2.4 billion, and organic revenue 1 grew 3% Net income attributable to GXO grew 27% to $65 million; operating income increased by 68%; oper...
GXO to manage Logistics for Red Bull
Logistics leader lau n ches full operations in Italy in one month after contract signature
GXO Wins New Look's Click & Collect Business in the U.K.
I ndustry-leading Clicklink ™ service will handle all Click & Collect deliveries
GXO Appoints Adrian Stoch as Chief Automation Officer
New role created to meet tremendous customer demand for automated solutions GXO set new record for operational tech deployment in Q1 GREENWICH, Conn., July 25, 2023 (GLOBE NEWSWIRE) -- GXO Logistics...
GXO and HEINEKEN Sign Multi-Year Service Agreement in U.K.
Transformation program and ongoing investment to enhance service and make network simpler, stronger and more efficient Transformation program and ongoing investment to enhance service and make network...
GXO To Expand GXO ServiceTech Offering
Completed acquisition of leading Dutch service & repair specialist brings access to new market segments and opportunities for international expansion with key accounts Completed acquisition of leading...
GXO Successfully Pilots Robotic 3D Sortation System, an Industry First in Europe
M odular and scalable robot ic solution r educe s sorting errors , increase s throughput 3x ,
GXO Expands Longstanding Partnership with B&Q
L eading U.K. home improvement and garden living retailer exten ds and expands partnership with GXO to include operating new 430 , 000 - s quare -foot facility in Blyth
GXO Schedules Second Quarter Earnings Conference Call for Thursday, August 3, 2023
GREENWICH, Conn., June 28, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its second quarter conference call and webcast on Thursday, August 3, 2023, at 8:30 a.m. Eastern Time. The...
GXO Expands Partnership with Abercombie & Fitch to the U.K.
Following successful operations in the U.S., GXO to handle 100% of Abercrombie & Fitch's ecommerce operations, including returns, in the U.K. Following successful operations in the U.S., GXO to handle...
GXO and Zalando announce partnership to operate future fulfillment center in France
PARIS, France, June 22, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, has signed a partnership agreement with Zalando for a fu...
GXO Unifies and Rebrands Technical Services Division as GXO ServiceTech
Industry-leading capability in consumer electronics repair to expand across Europe and North America Industry-leading capability in consumer electronics repair to expand across Europe and North Americ...
GXO Receives SDCE's 2023 Top Supply Chain Projects Award for State-of-the-Art Automated Returns Operation in the U.S.
Award highlights successful effort to develop and deploy innovative, state-of-the-art automation for an industry-leading consumer electronics company Award highlights successful effort to develop and ...
GXO Expands Partnership with FARFETCH to Support Reebok's Ecommerce Operations Across Europe
Rapid start-up of multi-site operations in the Netherlands , with planned automation in the coming year , to support customer's growth
GXO Announces Multi-year Expansion in Germany
Opening state-of-the-art 3 87 ,000 square foot warehouse in Europe's largest logistics market