With 1.56 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.84 million shares. The 52-week range on GXO shows that it touched its highest point at $67.57 and its lowest point at $46.13 during that stretch. It currently has a 1-year price target of $69.15. Beta for the stock currently stands at 1.73.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GXO was up-trending over the past week, with a rise of 5.13%, but this was up by 0.52% over a month. Three-month performance dropped to -16.01% while six-month performance fell -8.42%. The stock gained 11.34% in the past year, while it has lost -13.95% so far this year. A look at the trailing 12-month EPS for GXO yields 1.92 with Next year EPS estimates of 3.19. For the next quarter, that number is 0.44. This implies an EPS growth rate of 5.45% for this year and 16.72% for next year. EPS is expected to grow by 12.60% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 25.12%.
Float and Shares Shorts:
At present, 119.06 million GXO shares are outstanding with a float of 116.97 million shares on hand for trading. On Feb 29, 2024, short shares totaled 2.31 million, which was 1.94% higher than short shares on Jan 31, 2024. In addition to GEO as the firm’s Geo Group Inc (The) REIT, GO serves as its Grocery Outlet Holding Corp.
Institutional Ownership:
Through their ownership of 95.58% of GXO’s outstanding shares, institutional investors have majority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for GXO since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.
