GXO Logistics, Inc. (GXO)
| Market Cap | 6.30B |
| Revenue (ttm) | 9.91B |
| Net Income (ttm) | 167.00M |
| Shares Out | 119.43M |
| EPS (ttm) | 1.39 |
| PE Ratio | 37.88 |
| Forward PE | 17.94 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 432,920 |
| Open | 52.53 |
| Previous Close | 52.60 |
| Day's Range | 52.06 - 52.91 |
| 52-Week Range | 48.11 - 67.57 |
| Beta | 1.73 |
| Analysts | Strong Buy |
| Price Target | 69.33 (+31.66%) |
| 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 12 analysts, the average rating for GXO stock is "Strong Buy." The 12-month stock price forecast is $69.33, which is an increase of 31.66% from the latest price.
News
GXO Welcomes New Jewelry Customer Ring Concierge
PFSweb, now part of GXO, launches new order fulfillment solution for leading luxury jeweler GREENWICH, Conn., May 16, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pur...
GXO Deploys First-of-its-kind Large-scale Robotics Solution in France
PARIS, France, May 14, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world's largest pure-play contract logistics provider, announced the successful deployment of a large-scale roboti...
GXO Opens New Distribution Hub for Conair
New facility expected to create approximately 700 new jobs over the next 10 years Expansion of GXO's partnership with Conair creates largest single distribution center in the state of Maryland, servin...
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UK's CMA to probe GXO Logistics-Wincanton deal
Britain's competition regulator will investigate U.S.-based warehousing firm GXO Logistics' 762 million pound ($952.2 million) completed buyout of UK peer Wincanton , it said on Wednesday.
GXO Reports First Quarter 2024 Results
First quarter revenue of $2.5 billion , up 6% year over year; organic revenue growth 1 of 1% Signed new business wins of approximately $250 million in annualized revenue in 1Q 2024; up 55% year over y...
GXO to Manage Logistics Operations for Levi Strauss & Co at State-of-the-Art German Distribution Center
GXO advances its growth strategy to serve leading global brands across sectors in Germany 70,000 automated square meter site with pioneering sustainability standards; Both LEED and WELL Health-Safety ...
GXO Completes Acquisition of Wincanton
Acquisition expands GXO's presence in key strategic growth sectors and materially enhances offering for UK and Ireland customers Acquisition expands GXO's presence in key strategic growth sectors and ...
GXO helps Virgin Media O2 cut single use plastic
GXO's partnership with Virgin Media O2 has helped remove 48 tonnes of single use plastic since 2021 GXO has driven a 94% reduction in single use plastics across its logistics operation LONDON, U.K., A...
GXO Announces Pricing of $1.1 Billion Notes Offering
GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (“GXO” or the “company”) (NYSE: GXO) today announced the pricing of $600 million of notes due 2029 (the “2029 notes”) and $500 ...
GXO Announces Launch of Senior Notes Offering
GREENWICH, Conn., April 25, 2024 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (“GXO” or the “company”) (NYSE: GXO) today announced that, subject to market and other conditions, it intends to offer one or m...
GXO Renews Agreement with Mars
15-year partnership enhancing supply chain operations with automated solutions 15-year partnership enhancing supply chain operations with automated solutions
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 ...