RXO, Inc. (RXO)
Market Cap | 3.18B |
Revenue (ttm) | 3.83B |
Net Income (ttm) | -11.00M |
Shares Out | 117.55M |
EPS (ttm) | -0.10 |
PE Ratio | n/a |
Forward PE | 101.35 |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 712,329 |
Open | 27.02 |
Previous Close | 27.01 |
Day's Range | 26.91 - 27.29 |
52-Week Range | 16.94 - 28.13 |
Beta | n/a |
Analysts | Hold |
Price Target | 19.90 (-26.41%) |
Earnings Date | Jul 31, 2024 |
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
In 2023, RXO, Inc.'s revenue was $3.93 billion, a decrease of -18.12% compared to the previous year's $4.80 billion. Earnings were $4.00 million, a decrease of -95.65%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for RXO stock is "Hold." The 12-month stock price forecast is $19.9, which is a decrease of -26.41% from the latest price.
News
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Cramer: UPS stock is ‘hard to own' after selling Coyote Logistics to RXO
Famed investor Jim Cramer is not all that excited about United Parcel Service Inc (NYSE: UPS) opting to sell its Coyote Logistics business to RXO Inc (NYSE: RXO). Shares of both companies are still up...
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RXO Surges After Buying Coyote Logistics Unit From UPS for More Than $1 Billion
RXO (RXO) shares soared in intraday trading Monday, a day after the package delivery firm purchased Coyote Logistics, the third-party asset-light freight brokerage unit of United Parcel Service (UPS),...
RXO Buys UPS Unit Coyote Logistics for $1 Billion
RXO Inc. has agreed to buy United Parcel Service Inc.'s asset-light freight brokerage business, Coyote Logistics, for more than $1 billion. Alexandra Semenova reports.
![](https://cdn.snapi.dev/images/v1/o/8/air11-2492200.jpg)
UPS Sells Coyote Logistics To RXO for $1 Billion
The transportation giant announced Sunday it had offloaded the third-party logistics provider.
![](https://cdn.snapi.dev/images/v1/q/m/ups7-2463709-2492041.jpg)
UPS announces sale of Coyote Logistics unit to RXO for $1 billion
United Parcel Service , the world' biggest parcel delivery firm, on Sunday said it would sell its Coyote Logistics business unit to RXO for $1.025 billion.
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RXO To Acquire Coyote Logistics From UPS
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) has entered into a definitive agreement to acquire Coyote Logistics, an asset-light freight brokerage business, for $1.025 billion from ...
![](https://cdn.snapi.dev/images/v1/t/p/press2-2492031.jpg)
UPS Announces Sale of Coyote Logistics to RXO, Inc.
ATLANTA--(BUSINESS WIRE)--UPS (NYSE: UPS) announced today it has entered into an agreement to sell its Coyote Logistics business unit to RXO, Inc., for $1.025 billion. “As UPS positions itself to beco...
![](https://cdn.snapi.dev/images/v1/k/v/press7-2481863.jpg)
RXO CEO Drew Wilkerson Named to Charlotte Business Journal's Most Admired CEO list
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--Drew Wilkerson, chief executive officer of RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, has been named to the Charlotte ...
![](https://cdn.snapi.dev/images/v1/a/u/press8-2479415.jpg)
RXO Names Troy Cooper to Board of Directors
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced the appointment of Troy Cooper to its Board of Directors. Brad J...
![](https://cdn.snapi.dev/images/v1/i/m/press2-2477646.jpg)
RXO Wins Top Digital Freight Brokerage Software of the Year Award
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, won the Top Digital Freight Brokerage Software of the Year award from Suppl...
![](https://cdn.snapi.dev/images/v1/p/r/press7-2463537.jpg)
RXO Wins Merit Award in HR
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, was honored by the Merit Awards today for HR Technology Implementation for ...
![](https://cdn.snapi.dev/images/v1/f/u/press13-2456027.jpg)
RXO Announces Participation in Wells Fargo Industrials Conference
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #nyse--RXO (NYSE: RXO) today announced that Jared Weisfeld, chief strategy officer, will participate in the Wells Fargo Industrials Conference in Chicago, Ill...
![](https://cdn.snapi.dev/images/v1/a/o/press10-2405427.jpg)
RXO Announces First-Quarter Results, Including Double-Digit Brokerage Volume Growth for Fourth-Consecutive Quarter
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced its financial results for the first quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, “RXO continue...
![](https://cdn.snapi.dev/images/v1/3/p/press18-2402692.jpg)
RXO Announces Participation at Oppenheimer 19th Annual Industrial Growth Conference
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) today announced that Jamie Harris, chief financial officer, and Kevin Sterling, senior market strategist, will participate in the virtua...
![](https://cdn.snapi.dev/images/v1/d/w/press3-2360895.jpg)
RXO Expands Responsible Care® Certification
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation, announced today it has expanded its Responsible Care® certification from the American...
![](https://cdn.snapi.dev/images/v1/6/c/conf3-2351984.jpg)
RXO Schedules First-Quarter Earnings and Investor Conference Call for May 2, 2024
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO) will issue its first-quarter financial results before the opening of the New York Stock Exchange on Thursday, May 2, 2024. The company's...
![](https://cdn.snapi.dev/images/v1/5/i/press8-2315307.jpg)
Three RXO Leaders Win Supply & Demand Chain Executive 2024 Pros to Know Award
CHARLOTTE, N.C.--(BUSINESS WIRE)---- $RXO #RXO--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, announced today that Lou Amo, Brian Dean and Alyssa Myers were named 2024 P...
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RXO Announces Participation at Upcoming Investor Conferences
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Jared Weisfeld, chief strategy officer, will participate in the following investor conferences: Event: Raymond James 45th Annual ...
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RXO Announces Results for Fourth-Quarter 2023, Including Double-Digit Brokerage Volume Growth for Third-Consecutive Quarter
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced its financial results for the fourth quarter and full year of 2023. Drew Wilkerson, chief executive officer of RXO, said, “RXO continu...
![](https://cdn.snapi.dev/images/v1/f/g/press15-2255336.jpg)
RXO Announces Participation at Barclays 41st Annual Industrials Select Conference
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) today announced that Drew Wilkerson, chief executive officer; Jared Weisfeld, chief strategy officer; and Kevin Sterling, senior market strategist, wi...
![](https://cdn.snapi.dev/images/v1/6/e/transportation-logistics-artificial-intelligencejpgw457-2246202.jpg)
Letting AI Take the Wheel for Logistics Can Add Efficiency, RXO Says
The transport industry is the heart of commerce and the linchpin of a functional economy. Moving goods more efficiently, more effectively and at the lowest cost possible isn't going out of style anyti...
![](https://cdn.snapi.dev/images/v1/r/x/rxo-ai-trucksjpgw457-2231244.jpg)
RXO Launches AI-Powered Check-In System for Trucks Arriving at Warehouses
RXO, a provider of asset-light transportation solutions, has launched an artificial intelligence (AI)-powered check-in system for trucks arriving at warehouses and distribution centers. This visual AI...
![](https://cdn.snapi.dev/images/v1/8/p/press12-2230468.jpg)
RXO Launches AI-Powered Truck Check-In Technology for Warehouses and Distribution Centers
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO), a leading provider of asset-light transportation solutions, launched a new AI-powered check-in system for trucks arriving at warehouses and distribut...
![](https://cdn.snapi.dev/images/v1/e/5/conf8-2220264.jpg)
RXO Schedules Fourth-Quarter Earnings and Investor Conference Call for February 8, 2024
CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO (NYSE: RXO) will issue its fourth-quarter financial results before the opening of the New York Stock Exchange on Thursday, February 8, 2024. The company's results...
We're still in a soft freight environment, says RXO CEO Drew Wilkerson
Drew Wilkerson, RXO CEO, discusses the state of freight in the midst of the holiday spending season.