GXO Logistics (NYSE:GXO) Releases Earnings Results, Beats Expectations By $0.06 EPS

GXO Logistics (NYSE:GXO - Get Free Report) announced its quarterly earnings results on Wednesday. The company reported $1.00 EPS for the quarter, beating analysts' consensus estimates of $0.94 by $0.06, Zacks reports. GXO Logistics had a return on equity of 10.03% and a net margin of 0.97%. GXO Logistics updated its FY 2025 guidance to 2.400-2.600 EPS.

GXO Logistics Stock Performance

GXO Logistics stock traded up $3.18 during mid-day trading on Friday, hitting $39.49. 4,534,132 shares of the company's stock traded hands, compared to its average volume of 988,272. The firm has a 50 day simple moving average of $44.40 and a two-hundred day simple moving average of $50.79. GXO Logistics has a fifty-two week low of $34.51 and a fifty-two week high of $63.33. The stock has a market cap of $4.72 billion, a price-to-earnings ratio of 43.88, a P/E/G ratio of 1.19 and a beta of 1.60. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.86 and a quick ratio of 0.86.

Analysts Set New Price Targets

A number of analysts have recently commented on GXO shares. Loop Capital cut GXO Logistics from a "buy" rating to a "hold" rating and lowered their price target for the company from $71.00 to $49.00 in a research note on Monday, February 3rd. UBS Group lowered their price target on GXO Logistics from $72.00 to $50.00 and set a "buy" rating for the company in a research note on Friday. Oppenheimer boosted their price objective on GXO Logistics from $63.00 to $67.00 and gave the company an "outperform" rating in a research report on Wednesday, November 27th. Stifel Nicolaus reaffirmed a "buy" rating and set a $66.00 price target (down previously from $74.00) on shares of GXO Logistics in a research report on Friday. Finally, Barclays dropped their price objective on GXO Logistics from $52.00 to $45.00 and set an "equal weight" rating on the stock in a research note on Thursday. Four analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, GXO Logistics has an average rating of "Moderate Buy" and a consensus price target of $58.54.

GXO Logistics Company Profile

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.