RXO Inc (NYSE: RXO) on Friday, plunged -0.27% from the previous trading day, before settling in for the closing price of $29.29. Within the past 52 weeks, RXO’s price has moved between $16.94 and $32.82.
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During the last 5-year period, the sales growth of Industrials Sector giant was 7.68%. The company achieved an average annual earnings per share of -51.61%. With a float of $155.34 million, this company’s outstanding shares have now reached $157.82 million.
Let’s determine the extent of company efficiency that accounts for 8432 employees. In terms of profitability, gross margin is 23.18%, operating margin of 0.45%, and the pretax margin is -0.74%.
RXO Inc (RXO) Insider Activity
Observing investor behavior towards Trucking industry stocks is more important than anything else. The insider ownership of RXO Inc is 1.57%, while institutional ownership is 90.86%. The most recent insider transaction that took place on Aug 12 ’24, was worth 207,492,230. In this transaction 10% Owner of this company bought 10,266,810 shares at a rate of $20.21, taking the stock ownership to the 27,577,666 shares. Before that another transaction happened on May 09 ’24, when Company’s 10% Owner bought 61 for $20.39, making the entire transaction worth $1,244. This insider now owns 17,310,856 shares in total.
RXO Inc (RXO) Earnings and Forecasts
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 0.05 earnings per share (EPS) for the period topping the consensus outlook (set at 0.01) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -51.61% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 28.25% during the next five years compared to -49.92% drop over the previous five years of trading.
RXO Inc (NYSE: RXO) Trading Performance Indicators
RXO Inc (RXO) is currently performing well based on its current performance indicators. A quick ratio of 1.17 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.21.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.18, a number that is poised to hit 0.05 in the next quarter and is forecasted to reach 0.61 in one year’s time.
Technical Analysis of RXO Inc (RXO)
Looking closely at RXO Inc (NYSE: RXO), its last 5-days average volume was 0.87 million, which is a jump from its year-to-date volume of 0.86 million. As of the previous 9 days, the stock’s Stochastic %D was 77.52%. Additionally, its Average True Range was 0.90.
During the past 100 days, RXO Inc’s (RXO) raw stochastic average was set at 73.00%, which indicates a significant decrease from 74.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.91% in the past 14 days, which was lower than the 47.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.80, while its 200-day Moving Average is $23.88. However, in the short run, RXO Inc’s stock first resistance to watch stands at $29.72. Second resistance stands at $30.23. The third major resistance level sits at $30.59. If the price goes on to break the first support level at $28.85, it is likely to go to the next support level at $28.49. Should the price break the second support level, the third support level stands at $27.98.
RXO Inc (NYSE: RXO) Key Stats
Market capitalization of the company is 4.61 billion based on 117,548K outstanding shares. Right now, sales total 3,927 M and income totals 4,000 K. The company made 930,000 K in profit during its latest quarter, and -7,000 K in sales during its previous quarter.
