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RXO (RXO) Stock Price, News & Analysis

$26.72
-0.54 (-1.98%)
(As of 09/6/2024 ET)
Today's Range
$26.47
$27.29
50-Day Range
$26.53
$31.90
52-Week Range
$16.94
$32.82
Volume
522,463 shs
Average Volume
557,579 shs
Market Capitalization
$3.14 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$26.00

RXO MarketRank™ Stock Analysis

Analyst Rating
Hold
2.07 Rating Score
Upside/​Downside
2.7% Downside
$26.00 Price Target
Short Interest
Bearish
3.29% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.68mentions of RXO in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
335.71%
From $0.14 to $0.61 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.19 out of 5 stars

Transportation Sector

102nd out of 120 stocks

Transportation Services Industry

14th out of 17 stocks

RXO stock logo

About RXO Stock (NYSE: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.

RXO Stock Price History

RXO Stock News Headlines

RXO, Inc. (NYSE:RXO) Receives $26.00 Consensus PT from Brokerages
RXO Launches Prepay Fuel Option for Carriers
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
RXO Gains on Launching Fuel Card
RXO, Inc.: Balancing Equity Financing Gains and Market Dilution Risks
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
RXO Announces $550 Million Private Financing
CAR Aug 2024 109.000 put (CAR240816P00109000)
A Slow, Expensive Housing Market
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/05/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Transportation services
Sub-Industry
Transportation
Fax
N/A
Employees
8,432
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$26.00
High Stock Price Target
$31.00
Low Stock Price Target
$20.00
Potential Upside/Downside
-2.7%
Consensus Rating
Hold
Rating Score (0-4)
2.07
Research Coverage
14 Analysts

Profitability

Net Income
$4 million
Pretax Margin
-0.74%

Debt

Sales & Book Value

Annual Sales
$3.93 billion
Cash Flow
$0.83 per share
Book Value
$4.92 per share

Miscellaneous

Free Float
115,432,000
Market Cap
$3.14 billion
Optionable
Optionable
Beta
1.35
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Key Executives

  • Mr. Drew M. Wilkerson (Age 40)
    CEO & Director
    Comp: $665.18k
  • Mr. James E. Harris (Age 62)
    Chief Financial Officer
    Comp: $602.52k
  • Mr. Jeff Firestone (Age 53)
    Chief Legal Officer
    Comp: $526.33k
  • Mr. Jason S. Kerr (Age 47)
    Chief Accounting Officer
  • Mr. Yoav Amiel
    Chief Information Officer
  • Ms. Nina Reinhardt
    Chief Communications Officer
  • Mr. Lyndon Cron
    Senior Vice President of Sales
  • Mr. Jared Ian Weisfeld
    Chief Strategy Officer
  • Mr. Louis J. Amo
    President of Truck Brokerage
  • Mr. Demetri Venetis
    President of Freight Forwarding

RXO Stock Analysis - Frequently Asked Questions

How have RXO shares performed this year?

RXO's stock was trading at $23.26 on January 1st, 2024. Since then, RXO stock has increased by 14.9% and is now trading at $26.72.
View the best growth stocks for 2024 here
.

How were RXO's earnings last quarter?

RXO, Inc. (NYSE:RXO) issued its quarterly earnings results on Wednesday, August, 7th. The company reported $0.03 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.03. The business's revenue was down 3.4% compared to the same quarter last year.

Who are RXO's major shareholders?

RXO's top institutional shareholders include MFN Partners Management LP (14.73%), Swedbank AB (2.79%), Douglas Lane & Associates LLC (2.30%) and Dimensional Fund Advisors LP (1.73%). Insiders that own company stock include Mfn Partners, Lp, Thomas A Szlosek and Christine S Breves.
View institutional ownership trends
.

How do I buy shares of RXO?

Shares of RXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:RXO) was last updated on 9/7/2024 by MarketBeat.com Staff

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