Rxo is a trucking company located in North Carolina, United States, which is part of the Industrials sector, and is traded under the ticker RXO on the NYSE exchange.
Rxo stock last closed at $27.93, down 0.92% from the previous day, and has increased 63.52% in one year. It has overperformed other stocks in the Trucking industry by 0.45 percentage points. Rxo stock is currently +62.67% from its 52-week low of $17.17, and -14.9% from its 52-week high of $32.82.
As of Nov 1, 2024, there are 117.63M shares of RXO outstanding. The market value of RXO is $3.29B. In the past 24 hours, 701,681 RXO shares were traded.
How to Buy Rxo Stock
Wondering how to invest in Rxo stock? Here's how.
Figure out where to buy Rxo stock: You need to choose a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you choose where to buy Rxo stock.
Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
Deposit money your brokerage account: Pick your payment method and add your information.
Research Rxo stock: The Rxo ticker symbol is RXO. Is Rxo stock a good investment? Should you buy shares of RXO? How do RXO's underlying business fundamentals look? Do top analysts think Rxo is a good buy? Why has RXO's stock price moved recently? (Hint: Our stock research tools can help you decide if RXO is a good stock to buy).
Execute your RXO trade: Decide if you will purchase RXO shares at the current market price or use a limit order to buy RXO shares at a specific price.
Get notifications regarding your RXO investment: Create a watchlist to monitor your position in Rxo stock.
Step 1: Figure out where to buy Rxo stock
You will need a brokerage account to access the NYSE market and buy RXO shares.
A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, such as stocks, bonds, mutual funds, and ETFs.
Our preferred brokerage: eToro
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Step 2: Sign up for a brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you are able to buy RXO today.
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
Step 4: Research Rxo stock
After you have decided on the best place to buy Rxo stock, it's crucial to analyze their stock prior to investing, so you actually comprehend the risk as well as the upside.
Overview of key RXO info
RXO Price
$27.93
1w %
-0.82%
1y %
63.52%
5y %
N/A
P/E
-147x
P/B
5.67x
P/S
0.86x
PEG
N/A
Revenue
$3.80B
Earnings
-$21.00M
Fore. Rev. Growth
17.56%
Fore. Earn. Growth
N/A
Market Cap
$3.29B
Next Earnings
Nov 7, 2024
Next Dividend
N/A
Fundamentals of RXO
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on RXO's stock page.
Is RXO stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RXO's intrinsic value.
Using relative valuations methods:
RXO may be overvalued based on its P/B ratio of 5.67x, relative to Trucking industry P/B ratio of 4x
There are more short-term assets than long-term liabilities on the RXO balance sheet.
There are more short-term assets than short-term liabilities on the RXO balance sheet.
Signs that RXO is not financially healthy:
RXO has $7.00M in cash and short term investments. This is not sufficient to cover its annual cash burn of $33.00M.
RXO has a relatively high debt to equity ratio of 2.13.
RXO profit margin has gone down from 0.3% to -0.6% in the past year.
RXO has cash burn of 33000000. It does not have enough cash and short-term investments to cover this.
Is it a good time to buy RXO stock, according to analysts?
Out of 10 sell side analysts who give recommendations on RXO, the consensus analyst rating on Rxo is a Hold
It's important to note that analyst forecasts are not recommendations, nor are they investment advice.
Latest RXO Analyst Forecasts
Jason Seidl, a top 19% analyst from TD Cowen maintains RXO with a hold rating and raises their RXO price target from $23.00 to $28.00, on Aug 8, 2024.
Brian Ossenbeck, a top 14% analyst from JP Morgan maintains RXO with a strong sell rating and raises their RXO price target from $25.00 to $26.00, on Aug 8, 2024.
Joseph Parkhill, a top 15% analyst from UBS maintains RXO with a hold rating and raises their RXO price target from $22.00 to $31.00, on Aug 8, 2024.
Brandon Oglenski, a top 13% analyst from Barclays maintains RXO with a strong buy rating and raises their RXO price target from $24.00 to $30.00, on Jul 16, 2024.
Daniel Imbro, a top 8% analyst from Stephens & Co. reiterates RXO with a hold rating and maintains their RXO price target from $22.00 to $22.00, on May 6, 2024.
You can dig deeper into what analysts are projecting on the Rxo stock forecast page.
RXO Trading Indicators
SMA10
28.51
SMA20
28.63
SMA50
27.81
SMA100
27.58
SMA200
24.19
MACD
0.17
MACD Signal
0.29
MACD Histogram
-0.12
RSI
46.37
Stochastic %K
21.31
Stochastic %D
36.86
StochRSI %K
15.69
StochRSI %D
25.93
Is RXO Growing Revenue?
Last year, RXO revenue was $3.80B. During the past two year, RXO's revenue has gone up by -13.4% per year. This was slower than the Trucking industry average of 6.77%.
No, Rxo doesn't provide an income stream by paying out dividends.
What do other traders have to say about RXO?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Execute your RXO trade
There are two main order types:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are mostly fine.
Limit order: A limit order enables you to buy or sell a security at a specific price (or better). If you want to be sure you're buying or selling at a given dollar amount limit, use a limit order.
Click the Open button and eToro will execute the order.
If you require additional assistance buying stocks on eToro, click the helpful video below:
As of Nov 1, 2024, it costs $27.93 to buy one share of Rxo stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.358 shares of RXO.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.