A new trading day began on Tuesday, with GXO Logistics Inc (NYSE: GXO) stock price down -7.59% from the previous day of trading, before settling in for the closing price of $34.12. GXO’s price has ranged from $32.70 to $63.33 over the past 52 weeks.
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A company in the Industrials sector has jumped its sales by 14.31% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -12.60%. With a float of $117.14 million, this company’s outstanding shares have now reached $119.50 million.
In an organization with 152000 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 13.27%, operating margin of 2.81%, and the pretax margin is 1.25%.
GXO Logistics Inc (GXO) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Integrated Freight & Logistics Industry. The insider ownership of GXO Logistics Inc is 1.99%, while institutional ownership is 95.56%. The most recent insider transaction that took place on Jun 11 ’24, was worth 499,500. In this transaction Chief Executive Officer of this company bought 10,000 shares at a rate of $49.95, taking the stock ownership to the 100,814 shares.
GXO Logistics Inc (GXO) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.52 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -12.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.52% during the next five years compared to 15.86% growth over the previous five years of trading.
GXO Logistics Inc (NYSE: GXO) Trading Performance Indicators
Here are GXO Logistics Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.32. Likewise, its price to free cash flow for the trailing twelve months is 19.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.12, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 2.98 in one year’s time.
Technical Analysis of GXO Logistics Inc (GXO)
Let’s dig in a bit further. During the last 5-days, its volume was 2.27 million. That was better than the volume of 1.64 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 13.23%. Additionally, its Average True Range was 1.92.
During the past 100 days, GXO Logistics Inc’s (GXO) raw stochastic average was set at 0.72%, which indicates a significant decrease from 2.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.58% in the past 14 days, which was higher than the 50.46% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $40.22, while its 200-day Moving Average is $48.92. However, in the short run, GXO Logistics Inc’s stock first resistance to watch stands at $33.85. Second resistance stands at $36.18. The third major resistance level sits at $37.45. If the price goes on to break the first support level at $30.26, it is likely to go to the next support level at $28.99. The third support level lies at $26.66 if the price breaches the second support level.
GXO Logistics Inc (NYSE: GXO) Key Stats
With a market capitalization of 3.77 billion, the company has a total of 119,518K Shares Outstanding. Currently, annual sales are 11,709 M while annual income is 134,000 K. The company’s previous quarter sales were 3,250 M while its latest quarter income was 100,000 K.
