GXO Logistics, Inc. (GXO)

NYSE: GXO · IEX Real-Time Price · USD
49.73
+1.57 (3.26%)
At close: Apr 19, 2024, 4:00 PM
50.04
+0.31 (0.62%)
After-hours: Apr 19, 2024, 7:18 PM EDT
3.26%
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]

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 "Buy." The 12-month stock price forecast is $69.0, which is an increase of 38.75% from the latest price.

Price Target
$69.0
(38.75% upside)
Analyst Consensus: Buy
Stock Forecasts

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 ...

2 days ago - GlobeNewsWire

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...

10 days ago - GlobeNewsWire

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...

15 days ago - GlobeNewsWire

Final Trades: GXO Logistics, Thermo Fisher & Nasdaq

The Investment Committee gives you their top stocks to watch for the second half.

Other symbols: TMONDAQ
16 days ago - CNBC Television

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...

Other symbols: DOWKEYS
4 weeks ago - Schwab Network

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...

5 weeks ago - GlobeNewsWire

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...

7 weeks ago - GlobeNewsWire

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...

7 weeks ago - Invezz

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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

3 months ago - GlobeNewsWire

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 ...

3 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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.

4 months ago - Bloomberg Markets and Finance

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...

4 months ago - GlobeNewsWire

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

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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...

5 months ago - GlobeNewsWire

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.

5 months ago - CNBC Television

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...

5 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire

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...

6 months ago - GlobeNewsWire