GXO Logistics, Inc. (GXO)
Market Cap | 5.94B |
Revenue (ttm) | 9.78B |
Net Income (ttm) | 229.00M |
Shares Out | 119.42M |
EPS (ttm) | 1.92 |
PE Ratio | 25.90 |
Forward PE | 17.86 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 902,099 |
Open | 48.72 |
Previous Close | 48.16 |
Day's Range | 48.60 - 49.81 |
52-Week Range | 48.11 - 67.57 |
Beta | 1.73 |
Analysts | Buy |
Price Target | 69.00 (+38.75%) |
Earnings Date | May 7, 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 "Buy." The 12-month stock price forecast is $69.0, which is an increase of 38.75% from the latest price.
News
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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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...
Wincanton stock pops 11% on GXO news
Wincanton plc (LON: WIN) is up 11% on Monday following a report that GXO Logistics Inc (NYSE: GXO) is interested in taking over the company based out of Chippenham, United Kingdom. Wincanton also rece...
GXO Reports Fourth Quarter and Full Year 2023 Results
Highlights Fourth quarter revenue of $2.6 billion ; net income attributable to GXO of $73 million ; adjusted EBITDA 1 of $193 million ; diluted EPS of $0.61 and adjusted diluted EPS 1 of $0.70 Full ye...
GXO Pilots AI-enhanced Robotics in Warehouse
GXO deploys advanced platform to make depalletizing and repalletizing safer and more efficient for leading beauty brand GXO deploys advanced platform to make depalletizing and repalletizing safer and ...
GXO Schedules Fourth Quarter, Full-Year 2023 Earnings Conference Call for Wednesday, February 14, 2024
GREENWICH, Conn., Jan. 23, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO) will hold its fourth quarter and full-year 2023 earnings conference call and webcast on Wednesday, February 14, 2024...
GXO Appoints Richard Cawston as Chief Revenue Officer
Eric Spadafora joins GXO as Head of Sales for Americas & Asia Pacific Eric Spadafora joins GXO as Head of Sales for Americas & Asia Pacific
GXO Welcomes New Customer Glossier
PFSweb, now part of GXO, expands ecommerce and retail order fulfillment services for health and beauty leader from U.K. to U.S. PFSweb, now part of GXO, expands ecommerce and retail order fulfillment ...
GXO Honored as “Logistics Operator of the Year” in Italy
The company's second consecutive Il Logistico dell'Anno is in the Corporate Social Responsibility category The company's second consecutive Il Logistico dell'Anno is in the Corporate Social Responsibi...
GXO Named One of America's ‘Most Responsible' Companies for Second Consecutive Year by Newsweek Magazine
Company's commitment to ESG and reputation for corporate responsibility among criteria supporting its selection Company's commitment to ESG and reputation for corporate responsibility among criteria s...
GXO Tests Out Humanlike Robots in Warehouses
Warehouse workers could soon face new competition from robots: GXO Logistics Inc. is testing a humanoid model at its facility in Flowery Branch, Georgia. Agility Robotics built the robot.
GXO Conducting Industry-Leading Pilot of Human-Centric Robot
GXO helping to shape development of Agility Robotics' ‘Digit' robot in tests at the SPANX facility outside Atlanta Designed to pick goods, the robot will increase safety while freeing employees to per...
GXO enters new partnership with Shepherd Neame, Britain's oldest brewer
GXO to distribute beer, wines, spirits and minerals for brewer Shepherd Neame GXO to distribute beer, wines, spirits and minerals for brewer Shepherd Neame
GXO Adds Returns to Extended Agreement with Amer Sports
Highly automated site in France taking over returns for Amer Sports, a GXO partner for nearly a decade Highly automated site in France taking over returns for Amer Sports, a GXO partner for nearly a d...
GXO Extends Partnership with Avon
Companies celebrate 15th anniversary of working together to optimize logistics for global leader in health and beauty industry Companies celebrate 15th anniversary of working together to optimize logi...
GXO Expands GXO ServiceTech in Germany
Industry leader continues its multi-year plan to significantly expand its operations in Germany, Europe's largest logistics market GXO ServiceTech, which specializes in consumer electronics repairs, u...
GXO CEO Malcolm Wilson on operating with higher rates and the holiday spending outlook
Malcolm Wilson, CEO of GXO Logistics, discusses the state of freight and how his company is operating in a higher rate environment.
GXO Reports Third Quarter 2023 Results
Highlights Third quarter revenue grew 8% year over year to $2.5 billion , and organic revenue 1 grew 3% Net income attributable to GXO grew to $66 million ; operating income increased by 25% ; operati...
GXO strengthens logistics for The Quality Group
New state-of-the-art facility in Northwest Germany to house fulfilment operations for the customer's D2C orders New state-of-the-art facility in Northwest Germany to house fulfilment operations for th...
GXO Completes Acquisition of PFSweb
GREENWICH, Conn., Oct. 23, 2023 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, today announced the successful completion of its acquis...