GXO Logistics, Inc. (GXO)

NYSE: GXO · IEX Real-Time Price · USD
48.58
-2.72 (-5.29%)
Aug 12, 2022 11:50 AM EDT - Market open
-5.29%
Market Cap 5.76B
Revenue (ttm) 8.48B
Net Income (ttm) 216.00M
Shares Out 118.62M
EPS (ttm) 1.91
PE Ratio 25.43
Forward PE 17.57
Dividend n/a
Ex-Dividend Date n/a
Volume 1,123,523
Open 49.69
Previous Close 51.29
Day's Range 47.42 - 49.69
52-Week Range 38.08 - 105.92
Beta n/a
Analysts Buy
Price Target 78.88 (+62.4%)
Earnings Date Aug 2, 2022

About GXO

GXO Logistics, Inc., together with its subsidiaries, provides logistics services worldwide. The company provides warehousing and distribution, order fulfilment, e-commerce, and other supply chain services, as well as reverse logistics or returns management services. As of December 31, 2021, it operated in approximately 906 facilities. The company serves various customers in the e-commerce, omnichannel retail, consumer technology, food and beverage, industrial and manufacturing, and consumer packaged goods industries. GXO Logistics, Inc. was inc... [Read more...]

Industry Integrated Freight & Logistics
Founded 2021
Employees 120,000
Stock Exchange NYSE
Ticker Symbol GXO
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 21 analysts, the average rating for GXO stock is "Buy." The 12-month stock price forecast is 78.88, which is an increase of 62.39% from the latest price.

Price Target
$78.88
(62.39% upside)
Analyst Consensus: Buy
Stock Forecasts

News

GXO Logistics continues to write new chapters in its evolving story

On Oct. 12, 2021, GXO Logistics Chief Investment Officer Mark Manduca laid out the argument for why the Greenwich, Connecticut-based firm represented a new breed of logistics company. “This is a hard bu...

How GXO Logistics Is Beating Inflation

The contract logistics specialist just delivered another strong earnings report.

GXO marks first anniversary with strong Q2 results

Contract logistics provider GXO Logistics Inc. marked its first anniversary as a public company by reporting better-than-expected second-quarter results and boosting its full-year guidance for revenue a...

GXO Logistics customers are doing well despite economic slowdown buzz, CEO says

GXO Logistics customers are still doing well even as Wall Street fears that the economy is headed for a downturn, CEO Malcolm Wilson told CNBC's Jim Cramer on Tuesday.

GXO Logistics (GXO) Tops Q2 Earnings and Revenue Estimates

GXO Logistics (GXO) delivered earnings and revenue surprises of 7.94% and 2.29%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

GXO Logistics CEO says company's customers are optimistic about the future

(OPTIMIZED VIDEO SPECIFIC DESCRIPTION) » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news a...

GXO Logistics Reports Second Quarter 2022 Results

Highlights

GXO to Ring Opening Bell at New York Stock Exchange to Mark One Year Anniversary as a Public Company

GREENWICH, Conn., Aug. 01, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), announced today that CEO Malcolm Wilson will be joined by company representatives and members of the GXO Board of Di...

GXO Logistics (GXO) Earnings Expected to Grow: Should You Buy?

GXO Logistics (GXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

GXO expands robotics deal with 6 River Systems

Contract logistics provider GXO Logistics Inc. said Tuesday it has signed a multiyear extension with industrial robotics maker 6 River Systems to equip GXO facilities with an undetermined number of coll...

GXO Signs Global Agreement with 6 River Systems to Expand Supply of Collaborative Robots

GXO more than tripled its use of collaborative robots in 2021; plans to add hundreds more in 2022 and beyond GXO more than tripled its use of collaborative robots in 2021; plans to add hundreds more in ...

Logistics provider GXO closing Wisconsin facility, laying off 144 workers

GXO Logistics Inc. plans to permanently close a Milwaukee-area facility and lay off 144 workers by September, according to a recent notice sent to Wisconsin state officials Tuesday. The 144 non-union em...

GXO Schedules Second Quarter 2022 Earnings Conference Call for Wednesday, August 3, 2022

GREENWICH, Conn., July 12, 2022 (GLOBE NEWSWIRE) -- GXO Logistics, Inc.  (NYSE: GXO), will hold its second quarter conference call and webcast on Wednesday, August 3, 2022, at 8:30 a.m. Eastern Time. Th...

GXO Earns Boeing's ‘Supplier of the Year for Support & Services' Award

GXO's partnership with the world's largest aerospace company spans nearly two decades, helping drive efficiency and sustainability GXO's partnership with the world's largest aerospace company spans near...

GXO Expands Operations in Germany, Europe's Largest Logistics Market

New business development team to target significant grow th in share of German logistics market

GXO Direct Helps BBQGuys Expand Efficiently, Meet Peak Summer Demand

GXO Direct's shared-space distribution network reduces shipping times and costs for leading online outdoor living products company GXO Direct's shared-space distribution network reduces shipping times a...

GXO Logistics (GXO) Soars 5%: Is Further Upside Left in the Stock?

GXO Logistics (GXO) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

GXO Receives ‘Top Supply Chain Projects' Award for Innovative Use of Technology from SDCE Magazine

Global logistics leader deploys collaborative robots on multiple mezzanine floors, an industry first, enhancing safety, productivity and employee engagement for Fortune 500 retailer Global logistics lea...

GXO Enhances Security and Safety with High-Tech DroneDog and Aerial Drone System from Asylon

Logistics leader to significantly increase deploy ment of automated security  systems in the next year , forming one of the largest air and ground  security robotics fleet s in the world

GXO opens state-of-the-art warehouse for pharmaceutical sector

Facility features LED lighting, solar panels , automation and innovative temperature-controlled systems  to maximize efficiency and minimize environmental impact

What's Next for GXO Logistics After the Clipper Acquisition

Clipper is a done deal.

GXO Achieves Key Milestone in Acquisition of Clipper Logistics plc

Announces completion of cash and stock offer, providing certainty to customers and employees; U.K. regulatory review expected to conclude later in 2022 Announces completion of cash and stock offer, prov...

GXO Receives ‘Employer of the Year' Award from The Arc Maryland

Team in Aberdeen, Maryland, honored for providing employment opportunities for people with disabilities Team in Aberdeen, Maryland, honored for providing employment opportunities for people with disabil...

GXO Partners with Sente Foundry to Accelerate Logistics Innovation

Partnership to tap global startup pool for new automation and scalable technologies Partnership to tap global startup pool for new automation and scalable technologies

This Logistics Leader Could Be the Perfect E-Commerce Stock

The company delivered 19% organic growth in a difficult quarter for e-commerce.