Rxo Inc Stock Today
| RXO Stock | USD 19.91 0.41 2.10% |
Performance0 of 100
| Odds Of DistressLess than 8
|
RXO is selling at 19.91 as of the 24th of April 2024; that is 2.10 percent up since the beginning of the trading day. The stock's open price was 19.5. RXO has only a 8 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for RXO Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
Business Domain Transportation | IPO Date 27th of October 2022 | Category Industrials |
RXO is entity of United States. It is traded as Stock on NYSE exchange. The company has 117.54 M outstanding shares of which 2.95 M shares are at this time shorted by investors with about 5.87 days to cover. More on RXO Inc
Moving together with RXO Stock
| 0.65 | WERN | Werner Enterprises Earnings Call This Week | PairCorr |
Moving against RXO Stock
| 0.56 | UAL | United Airlines Holdings Trending | PairCorr |
| 0.46 | JBLU | JetBlue Airways Corp | PairCorr |
| 0.45 | DAL | Delta Air Lines Financial Report 11th of July 2024 | PairCorr |
RXO Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. RXO's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding RXO or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| President Transportation | Brian Dean | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Cargo Ground Transportation, Transportation, Industrials, NYSE Composite, SP Small-Cap 600, Industrials, Ground Transportation, Trucking, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering RXO report their recommendations after researching RXO's financial statements, talking to executives and customers, or listening in on RXO's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering RXO Inc. The RXO consensus assessment is calculated by taking the average forecast from all of the analysts covering RXO. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of RXO's profitability, liquidity, and operating efficiency, RXO Inc is not in a good financial situation at this time. It has a very high risk of going through financial distress in May. Financial strength of RXO Inc is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
RXO's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to RXO's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand RXO's financial leverage. It provides some insight into what part of RXO's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
RXO Inc (RXO) is traded on New York Stock Exchange in USA. It is located in 11215 North Community House Road, Charlotte, NC, United States, 28277 and employs 6,051 people. RXO is listed under Cargo Ground Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a total capitalization of 2.29 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate RXO's market, we take the total number of its shares issued and multiply it by RXO's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. RXO Inc runs under Ground Transportation sector within Industrials industry. The entity has 117.54 M outstanding shares of which 2.95 M shares are at this time shorted by investors with about 5.87 days to cover.
RXO Inc has about 98 M in cash with 89 M of positive cash flow from operations.
Check RXO Probability Of Bankruptcy
Ownership AllocationRXO Inc has a total of 117.54 Million outstanding shares. The majority of RXO Inc outstanding shares are owned by third-party entities. These institutional holders are usually referred to as non-private investors looking to secure positions in RXO Inc to benefit from reduced commissions. Accordingly, institutional investors are subject to a different set of regulations than regular investors in RXO. Please pay attention to any change in the institutional holdings of RXO Inc as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check RXO Ownership Details
RXO Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of RXO jumping above the current price in 90 days from now is about 91.92%. The RXO Inc probability density function shows the probability of RXO stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.524 indicating as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, RXO will likely underperform. Additionally, rXO Inc has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of RXO to move above the current price in 90 days from now is about 91.92 (This RXO Inc probability density function shows the probability of RXO Stock to fall within a particular range of prices over 90 days) .
RXO Stock Institutional Holders
Institutional Holdings refers to the ownership stake in RXO that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of RXO's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing RXO's value.| Instituion | Recorded On | Shares | |
| Wellington Management Company Llp | 2023-12-31 | 1.8 M | |
| Massachusetts Financial Services Company | 2023-12-31 | 1.8 M | |
| Hood River Capital Management Llc | 2023-12-31 | 1.6 M | |
| Ameriprise Financial Inc | 2023-12-31 | 1.6 M | |
| Fred Alger Management, Llc | 2023-12-31 | 1.4 M | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.2 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 1.2 M | |
| Northern Trust Corp | 2023-12-31 | 1.2 M | |
| Norges Bank | 2023-12-31 | 1 M | |
| Blackrock Inc | 2023-12-31 | 18.5 M | |
| Orbis Allan Gray Ltd | 2023-12-31 | 17.1 M |
RXO Historical Income Statement
RXO Inc Income Statement is one of the three primary financial statements used for reporting RXO's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of RXO Inc revenue and expense. RXO Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, RXO's EBITDA is very stable compared to the past year. As of the 24th of April 2024, Cost Of Revenue is likely to grow to about 3.4 B, while Tax Provision is likely to drop 0.00. View More FundamentalsRXO Stock Against Markets
Picking the right benchmark for RXO stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in RXO stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for RXO is critical whether you are bullish or bearish towards RXO Inc at a given time. Please also check how RXO's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in RXO without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
Run Portfolio Analyzer Now
Portfolio AnalyzerPortfolio analysis module that provides access to portfolio diagnostics and optimization engine |
| All Next | Launch Module |
RXO Corporate Management
Elected by the shareholders, the RXO's board of directors comprises two types of representatives: RXO inside directors who are chosen from within the company, and outside directors, selected externally and held independent of RXO. The board's role is to monitor RXO's management team and ensure that shareholders' interests are well served. RXO's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, RXO's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Jason Kerr | Chief Officer | Profile | |
| James Harris | Chief Officer | Profile | |
| Jeff Firestone | Chief Officer | Profile | |
| Nina Reinhardt | Chief Officer | Profile | |
| Jared Weisfeld | Chief Officer | Profile |
How to buy RXO Stock?
Before investing in RXO, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in RXO. To buy RXO stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of RXO. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase RXO stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located RXO Inc stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased RXO Inc stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as RXO Inc, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy RXO Stock please use our How to Invest in RXO guide.
Already Invested in RXO Inc?
The danger of trading RXO Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of RXO is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than RXO. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile RXO Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether RXO Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of RXO's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rxo Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rxo Inc Stock: Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in RXO Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Complementary Tools for RXO Stock analysis
When running RXO's price analysis, check to measure RXO's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy RXO is operating at the current time. Most of RXO's value examination focuses on studying past and present price action to predict the probability of RXO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move RXO's price. Additionally, you may evaluate how the addition of RXO to your portfolios can decrease your overall portfolio volatility.
| Latest Portfolios Quick portfolio dashboard that showcases your latest portfolios | |
| Alpha Finder Use alpha and beta coefficients to find investment opportunities after accounting for the risk | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Positions Ratings Determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Global Correlations Find global opportunities by holding instruments from different markets | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated |
Is RXO's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of RXO. If investors know RXO will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about RXO listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.93) | Earnings Share 0.03 | Revenue Per Share 33.601 | Quarterly Revenue Growth (0.13) | Return On Assets 0.0217 |
The market value of RXO Inc is measured differently than its book value, which is the value of RXO that is recorded on the company's balance sheet. Investors also form their own opinion of RXO's value that differs from its market value or its book value, called intrinsic value, which is RXO's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because RXO's market value can be influenced by many factors that don't directly affect RXO's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between RXO's value and its price as these two are different measures arrived at by different means. Investors typically determine if RXO is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, RXO's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.