RXO, Inc. (RXO)
| Market Cap | 3.27B |
| Revenue (ttm) | 4.55B |
| Net Income (ttm) | -285.00M |
| Shares Out | 162.52M |
| EPS (ttm) | -2.14 |
| PE Ratio | n/a |
| Forward PE | 64.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 847,523 |
| Open | 21.55 |
| Previous Close | 20.95 |
| Day's Range | 19.43 - 21.22 |
| 52-Week Range | 18.75 - 32.82 |
| Beta | 1.37 |
| Analysts | Hold |
| Price Target | 26.79 (+33.02%) |
| Earnings Date | Feb 5, 2025 |
About RXO
RXO, Inc. provides full truckload freight transportation brokering services. It also offers brokered services for managed transportation, last mile, and freight forwarding. The company was incorporated in 2022 and is based in Charlotte, North Carolina. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 16 analysts, the average rating for RXO stock is "Hold." The 12-month stock price forecast is $26.79, which is an increase of 33.02% from the latest price.
News
RXO Releases New Original Research on Supply Chain KPIs
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) a leader in asset-light transportation solutions, released new original research today that reveals how 1,000 industry experts are sett...
RXO: The Bear Case Is In Focus (Rating Downgrade)
I downgrade RXO from buy to hold due to uncertainty in growth recovery and weak near-term outlook, expecting the stock to remain rangebound. RXO's 1Q25 guidance fell short of expectations, with adj EB...
RXO, Inc. (RXO) Q4 2024 Earnings Call Transcript
RXO, Inc. (NYSE:RXO) Q4 2024 Earnings Conference Call February 5, 2025 8:00 AM ET Company Participants Drew Wilkerson - Chief Executive Officer Jamie Harris - Chief Financial Officer Jared Weisfeld -...
RXO Reports Fourth-Quarter Results
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced its financial results for the fourth quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “The integr...
RXO Announces Participation at Upcoming Investor Conferences
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that Chief Executive Officer Drew Wilkerson and Chief Strategy Officer Jared Weisfeld will participate in the following...
RXO Named a 2024 EPA SmartWay Leader for Sustainability Excellence in the Freight and Logistics Industry
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) a leading provider of asset-light transportation solutions, has been named a 2024 SmartWay Leader by the U.S. Environmental Protection ...
RXO Schedules Fourth-Quarter Earnings and Investor Conference Call for February 5, 2025
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on Wednesday, February 5, 2025. The c...
RXO Earns 2024 Top Software and Tech Award
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was named a winner of the 2024 Top Software & Tech award by Supply and Dem...
RXO, Inc. (RXO) Q3 2024 Earnings Conference Call Transcript
RXO, Inc. (NYSE:RXO) Q3 2024 Earnings Conference Call November 7, 2024 7:00 AM ET Company Participants Drew Wilkerson - CEO Jamie Harris - CFO Jared Weisfeld - Chief Strategy Officer Conference Call ...
RXO Reports Third-Quarter Results with Coyote Integration Ahead of Schedule and Complementary Services Momentum
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced its financial results for the third quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “In the thir...
RXO Announces Time Change for Third-Quarter Earnings and Investor Conference Call
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) announced today it has changed the time of its third-quarter earnings and investor conference call, which will be held on Thursday, Nov...
RXO Emerges Stronger With The Freight Recession In The Rearview
RXO Inc., the third-largest freight brokerage in North America, shows strong growth with increasing freight load volumes and revenue per load, making it a buy. The acquisition of UPS' freight brokerag...
RXO Presents the 2024 Carolina Panthers Oorah Hooah Classic 7-on-7 Football Tournament
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, presented the Oorah Hooah Classic 7-on-7 Football Tournament with the Carol...
RXO Schedules Third-Quarter Earnings and Investor Conference Call for November 7, 2024
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) will issue its third-quarter financial results before the opening of the New York Stock Exchange on Thursday, November 7, 2024. The comp...
RXO Completes Acquisition of Coyote Logistics
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced it has completed its acquisition of Coyote Logistics from U...
RXO Announces Upsizing and Pricing of Common Stock Offering Associated with Financing Acquisition of Coyote Logistics from UPS
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced that is has upsized its previously announced public offeri...
RXO Announces Common Stock Offering Associated with Financing Acquisition of Coyote Logistics from UPS
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced it intends to make an offering of $350,000,000 of shares o...
XPO and RXO stocks are severely overvalued: buy, sell, or hold?
XPO and RXO stocks have done well this year as they continued beating the S&P 500 index. XPO has risen by over 30% while RXO has jumped by 22.35%.
RXO Launches Prepay Fuel Option for Carriers
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a prepay capability through the RXO Fuel Card. The new prepay solu...
RXO Dedicated Transportation Named 2024 SmartWay High Performer
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced its dedicated transportation business was recognized as a 2024 Sm...
RXO Announces $550 Million Private Financing
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, today announced that it has entered into purchase agreements with MFN Part...
RXO Receives 2024 Quest for Quality Award from Logistics Management
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, received the Quest for Quality award from Logistics Management in the Bulk...
RXO CEO on Q2 earnings, Coyote acquisition, and the state of freight
Drew Wilkerson, CEO of RXO, discusses his company's most recent earnings report, the outlook for the freight market, and his acquisition of Coyote Logistics.
RXO, Inc. (RXO) Q2 2024 Earnings Call Transcript
RXO, Inc. (NYSE:RXO) Q2 2024 Earnings Conference Call August 7, 2024 8:00 AM ET Company Participants Drew Wilkerson – CEO James Harris – CFO Jared Weisfeld - CSO Conference Call Participants Scott Sc...
RXO Reports Second-Quarter Results Including Brokerage Volume Growth, Increased Last Mile Stops and New Managed Transportation Awards
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced its financial results for the second quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “In the seco...