GXO Logistics: Short-Term Uncertainty Creates A Generational Buying Opportunity
GXO Logistics' recurring revenue, industry-leading automation, and defensive contract structures provide strong visibility, making it well-positioned to thrive across economic cycles. Organic growth is rebounding, margins are expanding, market share is increasing, and GXO remains on track to achieve its 2027 targets, fueled by e-commerce, automation, and outsourcing trends. Short-term uncertainty surrounding the new CEO, regulatory review, and rejected buyout bid has created a generational buying opportunity, despite having no tangible impact on GXO's underlying fundamentals.
GXO Logistics: Buy The Dip For The Long-Term View
GXO is down 24% YoY and 30% from its 2024 peak due to rising costs and CEO departure concerns. Despite challenges, GXO has strong top-line growth, with revenues up 28% YoY and a growing $2.4B backlog. Margins are under pressure from high CAPEX, acquisitions, and inflation, but technological investments aim to improve efficiency long-term.
3 Great Stocks to Buy on a Dip Before the End of the Year
It's been an excellent year for the market, with the S&P 500 up nearly 27% on the year at the time of writing. Unfortunately, it hasn't been such a great year for investors in copper miner Freeport-McMoRan (FCX -1.16%) (up 1% on the year), contract logistics company GXO Logistics (GXO -0.72%) (down 19%), and advanced composites manufacturer Hexcel (HXL -0.22%) (down 14%).
GXO Logistics: Time to Buy the Dip for the Rip in 2025
GXO Logistics Inc. NYSE: GXO is one of the largest contract logistics companies in the transportation sector. They enable businesses to manage distribution operations and supply chains better, utilizing GXO's vast global network of warehouses and distribution networks.
Why GXO Logistics Stock Fell This Week
Shares of GXO Logistics (GXO -2.36%) were heading lower after the company said that CEO Malcolm Wilson would retire next year. The decline in the stock seemed to be less of a reflection on Wilson, and more based on reports that GXO won't be sold, as reports in October had indicated that the company was fielding multiple takeover offers.
2 Stocks Down 34% and 42% to Buy Right Now
With just over a month to go in 2024, it's fair to say that it's been a good year for stocks. The S&P 500 index's level has risen 26% across the stretch, and the more growth-oriented Nasdaq Composite index has rocketed 42% higher.
E-Commerce Growth Is Back: 2 Smart Stocks to Buy
It makes sense to try and get ahead of the crowd, and that's why stocks like GXO Logistics (GXO -1.75%) and Honeywell (HON -0.09%) should be high on investors' lists of stocks to look at. Both companies look set to benefit from a pickup in growth in e-commerce spending that will encourage capital spending in the future.
GXO Logistics: On Track To Achieve FY 2027 EBITDA Target
I maintain a buy rating for GXO due to solid growth prospects, driven by new business wins and improving business confidence. GXO's Q3 revenue grew 27.8% y/y, with organic growth accelerating for the third consecutive quarter, signaling a strong FY25 outlook. The sales pipeline increased 30% y/y to $2.4 billion, with significant new business wins, particularly in eCommerce fulfillment.
GXO Logistics, Inc. (GXO) Q3 2024 Earnings Call Transcript
GXO Logistics, Inc. (NYSE:GXO ) Q3 2024 Earnings Conference Call November 5, 2024 8:30 AM ET Company Participants Malcolm Wilson - Chief Executive Officer Baris Oran - Chief Financial Officer Kristine Kubacki - Chief Strategy Officer Conference Call Participants Joe Hafling - Jefferies Scott Schneeberger - Oppenheimer Chris Wetherbee - Wells Fargo Ravi Shanker - Morgan Stanley Brian Ossenbeck - JPMorgan Brandon Oglenski - Barclays Bascome Majors - Susquehanna Jason Seidl - TD Cowen Ariel Rosa - Citigroup Tom Wadewitz - UBS Operator Welcome to the GXO Third Quarter 2024 Earnings Conference Call and Webcast. My name is Rob, and I will be your operator for today's call.
GXO Logistics (GXO) Tops Q3 Earnings and Revenue Estimates
GXO Logistics (GXO) came out with quarterly earnings of $0.79 per share, beating the Zacks Consensus Estimate of $0.78 per share. This compares to earnings of $0.69 per share a year ago.
UK watchdog finds competition concerns in GXO Logistics-Wincanton deal
Britain's competition watchdog said on Friday the acquisition of Wincanton by U.S.-based warehousing firm GXO Logistics , for 762 million pounds ($983.97 million), could reduce competition and raise prices for customers.
GXO Logistics (GXO) Reports Next Week: Wall Street Expects Earnings Growth
GXO Logistics (GXO) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
