GXO Logistics (NYSE:GXO) Issues Quarterly Earnings Results, Beats Estimates By $0.06 EPS

GXO Logistics (NYSE:GXO) posted its quarterly earnings results on Wednesday. The company reported $1.00 EPS for the quarter, beating the consensus estimate 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

Shares of NYSE:GXO opened at $42.81 on Thursday. The company has a market capitalization of $5.11 billion, a price-to-earnings ratio of 47.57, a P/E/G ratio of 1.19 and a beta of 1.60. The firm’s 50 day simple moving average is $44.88 and its 200 day simple moving average is $51.07. The company has a debt-to-equity ratio of 0.81, a current ratio of 0.86 and a quick ratio of 0.86. GXO Logistics has a fifty-two week low of $41.38 and a fifty-two week high of $63.33.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the stock. Loop Capital cut shares of GXO Logistics from a “buy” rating to a “hold” rating and dropped their target price for the stock from $71.00 to $49.00 in a research report on Monday, February 3rd. TD Cowen raised their price objective on shares of GXO Logistics from $82.00 to $83.00 and gave the stock a “buy” rating in a report on Wednesday, November 6th. Oppenheimer boosted their target price on GXO Logistics from $63.00 to $67.00 and gave the stock an “outperform” rating in a report on Wednesday, November 27th. UBS Group increased their price target on GXO Logistics from $66.00 to $72.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Finally, The Goldman Sachs Group cut their price objective on GXO Logistics from $63.00 to $54.00 and set a “neutral” rating for the company in a research report on Thursday, January 16th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $63.46.

About GXO Logistics

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.