GXO Logistics, Inc. with ticker code (GXO) have now 16 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between $83.00 and $52.00 suggesting an average analyst share price target price of $69.43. (at the time of writing). Given that the stocks previous close was at $60.41 this indicates there is a potential upside of 14.9%. It’s also worth noting that there is a 50 day moving average of $55.86 and the 200 day MA is $52.22. The market capitalization for the company is 7.14B. The stock price is currently at: $59.75 USD
The potential market cap would be $8,205,514,578 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 67.13, revenue per share of $92.63 and a 2.23% 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.
