GXO Logistics, Inc. which can be found using ticker (GXO) have now 17 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $80.00 and $53.00 suggesting an average analyst share price target price of $68.53. (at the time of writing). Given that the stocks previous close was at $57.77 and the analysts are correct then we can expect a percentage increase in value of 18.6%. Also worth taking note is the 50 day moving average now sits at $56.66 while the 200 day moving average is $57.76. The market capitalization for the company is 6.93B. The stock price for the company is currently $58.27 USD
The potential market cap would be $8,222,541,518 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 34.08, revenue per share of $81.25 and a 2.75% return on assets.
GXO Logistics, Inc. provides contract logistics services. The Company provides its customers with warehousing and distribution, order fulfillment, e-commerce and reverse logistics, and other supply chain services to deliver technology-enabled, customized solutions. It offers platforms for outsourced e-commerce logistics, including the e-fulfillment platform in Europe. The Company has three reporting units: Americas and Asia-Pacific; United Kingdom, and Ireland and Continental Europe. The Company operates approximately 979 facilities worldwide totaling 197 million square feet of space, primarily on behalf of large corporations, that have outsourced their warehousing, distribution and other related activities to the Company. The Company serves a range of customers across a range of industries, such as e-commerce, omnichannel retail, technology and consumer electronics, food and beverage, industrial and manufacturing, and consumer packaged goods, among others.
