Latest news with #GXOLogistics
Yahoo
22-05-2025
- Business
- Yahoo
Spotting Winners: GXO Logistics (NYSE:GXO) And Air Freight and Logistics Stocks In Q1
As the craze of earnings season draws to a close, here's a look back at some of the most exciting (and some less so) results from Q1. Today, we are looking at air freight and logistics stocks, starting with GXO Logistics (NYSE:GXO). The growth of e-commerce and global trade continues to drive demand for expedited shipping services, presenting opportunities for air freight companies. The industry continues to invest in advanced technologies such as automated sorting systems and real-time tracking solutions to enhance operational efficiency. Despite the advantages of speed and global reach, air freight and logistics companies are still at the whim of economic cycles. Consumer spending, for example, can greatly impact the demand for these companies' offerings while fuel costs can influence profit margins. The 6 air freight and logistics stocks we track reported a strong Q1. As a group, revenues were in line with analysts' consensus estimates while next quarter's revenue guidance was 3.5% below. In light of this news, share prices of the companies have held steady. On average, they are relatively unchanged since the latest earnings results. With notable customers such as Nike and Apple, GXO (NYSE:GXO) manages outsourced supply chains and warehousing for various companies. GXO Logistics reported revenues of $2.98 billion, up 21.2% year on year. This print exceeded analysts' expectations by 1.4%. Overall, it was a very strong quarter for the company with an impressive beat of analysts' adjusted operating income estimates. GXO Logistics scored the fastest revenue growth of the whole group. Unsurprisingly, the stock is up 4.4% since reporting and currently trades at $39.78. Is now the time to buy GXO Logistics? Access our full analysis of the earnings results here, it's free. Expeditors (NYSE:EXPD) offers air and ocean freight as well as brokerage services. Expeditors reported revenues of $2.67 billion, up 20.8% year on year, outperforming analysts' expectations by 3.6%. The business had a stunning quarter with an impressive beat of analysts' EBITDA estimates. Expeditors delivered the biggest analyst estimates beat among its peers. The market seems content with the results as the stock is up 1.5% since reporting. It currently trades at $113.47. Is now the time to buy Expeditors? Access our full analysis of the earnings results here, it's free. Started with $10,000, Hub Group (NASDAQ:HUBG) is a provider of intermodal, truck brokerage, and logistics services, facilitating transportation solutions for businesses worldwide. Hub Group reported revenues of $915.2 million, down 8.4% year on year, falling short of analysts' expectations by 5.7%. It was a softer quarter as it posted full-year revenue guidance missing analysts' expectations. Hub Group delivered the weakest performance against analyst estimates and slowest revenue growth in the group. Interestingly, the stock is up 2.6% since the results and currently trades at $34. Read our full analysis of Hub Group's results here. Sporting one of the largest air cargo fleets in the world, FedEx (NYSE:FDX) is a global provider of parcel and cargo delivery services. FedEx reported revenues of $22.16 billion, up 1.9% year on year. This print surpassed analysts' expectations by 0.9%. Aside from that, it was a slower quarter as it logged full-year EPS guidance missing analysts' expectations. The stock is down 12.2% since reporting and currently trades at $216.10. Read our full, actionable report on FedEx here, it's free. Engaging in contracts with tens of thousands of transportation companies, C.H. Robinson (NASDAQ:CHRW) offers freight transportation and logistics services. C.H. Robinson Worldwide reported revenues of $4.05 billion, down 8.3% year on year. This number missed analysts' expectations by 4.9%. More broadly, it was actually a strong quarter as it recorded a solid beat of analysts' EBITDA estimates. The stock is up 8.6% since reporting and currently trades at $96.80. Read our full, actionable report on C.H. Robinson Worldwide here, it's free. Thanks to the Fed's series of rate hikes in 2022 and 2023, inflation has cooled significantly from its post-pandemic highs, drawing closer to the 2% goal. This disinflation has occurred without severely impacting economic growth, suggesting the success of a soft landing. The stock market thrived in 2024, spurred by recent rate cuts (0.5% in September and 0.25% in November), and a notable surge followed Donald Trump's presidential election win in November, propelling indices to historic highs. Nonetheless, the outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. The path forward holds both optimism and caution as new policies take shape. Want to invest in winners with rock-solid fundamentals? Check out our Strong Momentum Stocks and add them to your watchlist. These companies are poised for growth regardless of the political or macroeconomic climate. Join Paid Stock Investor Research Help us make StockStory more helpful to investors like yourself. Join our paid user research session and receive a $50 Amazon gift card for your opinions. Sign up here.
Yahoo
10-05-2025
- Business
- Yahoo
GXO Logistics price target lowered to $63 from $66 at Stifel
Stifel analyst J. Bruce Chan lowered the firm's price target on GXO Logistics (GXO) to $63 from $66 and keeps a Buy rating on the shares. It was 'refreshing to hear the positivity' on GXO's Q1 earnings call and the firm believes the print underscored the relative insulation in this model versus logistics peers, especially given the geographic bias to European revenue, the analyst tells investors. GXO 'has been one of our top picks in the current tariff brouhaha, and it's nice to see confirmation of that in the print,' the analyst added. Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on GXO: Disclaimer & DisclosureReport an Issue GXO Logistics price target raised to $40 from $35 at Truist GXO Logistics Reports Strong Q1 2025 Performance GXO Logistics Inc: Promising Growth Amidst Challenges Positive Outlook for GXO Logistics: Strong Earnings, Strategic Growth, and Buy Rating Affirmed GXO Logistics Releases Q1 2025 Investor Presentation Sign in to access your portfolio
Yahoo
08-05-2025
- Business
- Yahoo
GXO Logistics sees growth opportunities in e-commerce, health care
Officials for GXO Logistics Inc. touted their versatility in dealing with complex supply chains during the company's first-quarter earnings call on Thursday. GXO reported first-quarter revenue of $3 billion, a 21% year-over-year increase compared to the same quarter in 2024. Adjusted earnings per share in the first quarter was 29 cents, a 36% year-over-year decrease. 'The complexity related to potential tariffs has created a new array of challenges for our customers, including rising costs, a need to rapidly react to changing prices and fluctuating inventory levels,' CEO Malcolm Wilson said during the earnings call before the market opened. 'Our customers are managing through this while, most importantly of all, continuing to serve their end customers seamlessly.' Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 1,000 facilities totaling 200 million square feet in 27 countries, with a workforce of more than 150,000 company recently finalized a deal with England's National Health Service Supply Chain, its largest-ever contract, with a value of about $2.5 billion. GXO also signed $228 million of new business contracts in the first quarter and has a sales pipeline of $2.5 billion, its highest level in three years. Some of the company's clients include DuPont, Boeing, Kimberly-Clark, Mitsubishi and Schneider Electric. During the first quarter, 41% of GXO's new wins were in newly outsourced business, 39% involved automation and 42% came from e-commerce firms, Wilson said.'We're operating in an environment that demands unprecedented agility from global supply chains,' Wilson said. 'The structural tailwinds of outsourcing, automation and e-commerce continue to drive our industry's growth, illustrating that the need for our solutions is more important than ever.' While many transportation and logistics companies have revised or changed their earnings forecasts, GXO Logistics reaffirmed its guidance for the full year. The company's full-year 2025 guidance projects organic revenue growth of 3% to 6% and adjusted earnings before interest, taxes, depreciation and amortization of $840 million-$860 million. GXO also expects adjusted EPS of $2.40 to $2.60. 'Right now, our business is trading well in a dynamic environment, and the base case for our guidance is flat volumes year over year in 2025,' CFO Baris Oran said during the call. 'Should we see a softer environment in the U.S. economy, we estimate that we would still land within our narrow guidance range for 2025. Even if we were to see our second-half volume in our consumer-facing business in the U.S. decline by … low to mid-single digits, we would still be forecasting to be within this tight guidance range.' GXO's largest market is the United Kingdom, representing $1.4 billion in revenue during the first quarter, compared with $913 million in the same period last year. The United States was GXO's second-largest market at $752 million in the first quarter, a 1% year-over-year increase. GXO is still pending final approval of its acquisition of Wincanton, which officials said they expected to be resolved shortly. GXO announced it was acquiring Wincanton in April 2024 for about $1 billion. Wincanton is a major logistics and supply chain operator in the U.K. and and Wincanton have continued to be run independently until the U.K.'s Competition and Markets Authority (CMA) has completed its review of the acquisition. 'The Wincanton business has been trading really well since the acquisition,' Wilson said. 'We're very pleased with the management, very pleased with the revenue that is developing. We're nearing the conclusion of the discussions with the CMA. In fact, in the coming weeks, we're expecting to receive a full clearance of the deal.' The post GXO Logistics sees growth opportunities in e-commerce, health care appeared first on FreightWaves. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
07-05-2025
- Business
- Yahoo
First look: GXO Logistics Inc.
GXO Logistics Inc. reported first-quarter revenue of $3 billion, a 21% year-over-year increase compared to the same quarter in 2024. Adjusted earnings per share in the first quarter was 29 cents, a 36% year-over-year decrease. Greenwich, Connecticut-based GXO Logistics (NYSE: GXO) is one of the largest pure-play contract logistics providers in the world. It has more than 970 facilities totaling approximately 200 million square feet, with a global workforce of more than 130,000 people. Wall Street expectations had called for revenue of $2.93 billion and EPS of 25 cents. CEO Malcolm Wilson said the company delivered a strong first quarter. 'We signed $228 million of new business wins, and our sales pipeline of $2.5 billion … stands at its highest level in three years,' Wilson said in a news release. 'We've finalized a landmark deal with England's National Health Service Supply Chain. This is our largest-ever contract and carries a total lifetime value of about $2.5 billion.' Net loss was $95 million, compared with net loss of $36 million for the first quarter of 2024. Adjusted earnings before interest, taxes, depreciation and amortization in the quarter was $163 million, a 6% year-over-year increase.. GXO generated $29 million of cash flow from operations in the first quarter, compared with $50 million for the same period last year. As of March 31, the company had cash and cash equivalents (excluding restricted cash), debt outstanding and net debt of $288 million, $2.7 billion and $2.4 billion, respectively. GXO repurchased 2.8 million shares during the first quarter. The company's full-year 2025 guidance projects organic revenue growth of 3% to 6% and adjusted EBITDA between $840 million and $860 million. GXO also expects adjusted EPS of $2.40 to $2.60. The company will hold a conference call with analysts at 8:30 a.m. on Thursday. GXOQ1/25Q1/24Y/Y % ChangeRevenueAdjusted EBIDTAAdjusted earnings per share The post First look: GXO Logistics Inc. appeared first on FreightWaves.
Yahoo
05-04-2025
- Business
- Yahoo
3 No-Brainer Stocks With Long-Term Prospects to Buy With $100 Right Now
If you are reading this article and looking to invest just $100, then I'm going to guess you are a relatively new investor and/or someone looking to invest a little money in a long-term position in anticipation of stellar returns. If my guess is right, I think the long-term trends behind contract logistics provider GXO Logistics (NYSE: GXO), electric vehicle (EV) company Tesla (NASDAQ: TSLA), and copper miner Freeport-McMoRan (NYSE: FCX) make them compelling buys right now. Here's why. GXO Logistics offers its customers a route to outsourcing their supply chain logistics, specifically e-commerce warehousing. It's an attractive proposition for three interconnected reasons: Outsourcing logistics allows companies to focus time and effort on their core activity. The ongoing growth of e-commerce will only increase demand for e-commerce warehousing and lead to new companies deciding to outsource logistics as they build scale. The rapid growth of increasingly complex productivity-enhancing technology (automation/robotics, advanced analytics, and smart warehousing) means GXO Logistics can add more value to its solutions for customers. All these trends aren't going away anytime soon and make GXO an exciting stock for the long term. Now is a good time to pick up the stock because it has been heavily sold off following the news that a few customers were rationing their operations. GXO was able to replace the lost revenue, but it naturally takes time to get new contracts to the same level of profitability as mature contracts. In addition, the industry is recovering from a period of overinvestment stimulated by the lockdowns when e-commerce growth exploded. These headwinds are likely to prove transitory and GXO should move out of this trough in its earnings in 2025. Wall Street analysts forecast GXO's earnings per share (EPS) to decline from $2.80 in 2024 to $2.48 in 2025 before rising to $2.99 in 2026. The latter figure would put GXO on a price-to-earnings (P/E) ratio of just 13.5 times earnings. That's too cheap for a company with such outstanding long-term growth prospects. It's no secret that the automotive market is suffering from relatively high interest rates. High interest rates make financing a car purchase more difficult, which is slowing auto sales, including electric vehicles. While that's not good news for Tesla, there are some positives. The slowdown has negatively impacted EV investment among its rivals, and Tesla retains its dominant position in the EV market. Moreover, its scale and first-mover advantage mean it can aggressively lower its cost per car in an industry characterized by high prices for EVs. For reference, its cost per car is now below $35,000, and no one else has Tesla's profit margins on EVs. Despite the doom and gloom, Tesla had over a 44% share of the EV market in the U.S., and the best-selling EV in the U.S. (Tesla's Model Y) is receiving a facelift this year and potentially a low-cost model too, both of which should boost sales. Best of all, Tesla plans to launch its robotaxi offering, the Tesla Cybercab, this year, with volume production starting in 2026. Alongside full-service driving (FSD), the Cybercab technology could revolutionize transportation and add tremendous value to Tesla's share price. To be clear, Tesla is a risky stock. CEO Elon Musk has become a controversial political figure with a lot of critics, and much of the value in the company right now is tied largely to enthusiasm for a product that hasn't been released yet -- the Cybercab. Still, there's a lot of upside potential for Tesla, and the 36% decline in the share price this year presents a buying opportunity. The Chicago Metal Exchange (CME) price of copper is currently at an all-time high, and copper miner Freeport-McMoRan stock is trading 35% below its all-time high. Go figure. The disconnect between the two probably reflects a disbelief that the present price is sustainable and that it's a consequence of buying in ahead of potential tariffs on copper by President Donald Trump. Those assumptions may well be accurate, but then again, they may not be. However, what we do know is that the current administration wants to secure minerals for the U.S. economy, and Freeport-McMoRan has substantive existing mining operations in the U.S. In addition, it has expansion projects that could substantially increase its copper production in the U.S. We also know that Freeport isn't a significant importer of copper, with its Indonesian production going to Asia and its South American production generally not coming to the U.S. Simply put, it's well positioned to thrive in the current environment, and the ongoing demand for copper as a key metal in the electrification-of-everything megatrend makes Freeport-McMoRan a great stock for investors looking to buy and hold a stock for the long term. Before you buy stock in GXO Logistics, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and GXO Logistics wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $494,557!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $623,941!* Now, it's worth noting Stock Advisor's total average return is 781% — a market-crushing outperformance compared to 156% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of April 4, 2025 Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Tesla. The Motley Fool recommends GXO Logistics. The Motley Fool has a disclosure policy. 3 No-Brainer Stocks With Long-Term Prospects to Buy With $100 Right Now was originally published by The Motley Fool Sign in to access your portfolio
