RXO Inc (RXO) volume hits 0.68 million: A New Opening for Investors

RXO Inc (NYSE: RXO) started the day on Wednesday, with a price decrease of -2.04% at $28.33, before settling in for the price of $28.92 at the close. Taking a more long-term approach, RXO posted a 52-week range of $16.94-$32.82.

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The Industrials Sector giants’ yearly sales growth during the last 5-year period was 7.68%. Meanwhile, its Annual Earning per share during the time was -49.92%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -51.61%. This publicly-traded company’s shares outstanding now amounts to $157.82 million, simultaneously with a float of $155.34 million. The organization now has a market capitalization sitting at $4.47 billion.

RXO Inc (RXO) Ownership Facts and Figures

Now let’s turn our focus to how large-scale investors are working with this stock of the Trucking Industry. RXO Inc’s current insider ownership accounts for 1.57%, in contrast to 90.86% institutional ownership. According to the most recent insider trade that took place on Aug 12 ’24, this organization’s 10% Owner bought 10,266,810 shares at the rate of 20.21, making the entire transaction reach 207,492,230 in total value, affecting insider ownership by 27,577,666. Preceding that transaction, on May 09 ’24, Company’s 10% Owner bought 61 for 20.39, making the whole transaction’s value amount to 1,244. This particular insider is now the holder of 17,310,856 in total.

RXO Inc (RXO) Earnings and Revenue Records

RXO Inc’s EPS decrease for this current 12-month fiscal period is -51.61% and is forecasted to reach 0.61 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 28.25% through the next 5 years, which can be compared against the -49.92% growth it accomplished over the previous five years trading on the market.

RXO Inc (NYSE: RXO) Trading Performance Indicators

Let’s observe the current performance indicators for RXO Inc (RXO). It’s Quick Ratio in the last reported quarter now stands at 1.17. The Stock has managed to achieve an average true range (ATR) of 0.85. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 1.18.

In the same vein, RXO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.18, a figure that is expected to reach 0.05 in the next quarter, and analysts are predicting that it will be 0.61 at the market close of one year from today.

Technical Analysis of RXO Inc (RXO)