How to Buy Rxo Stock
Rxo Inc
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 $20.25, down 1.75% from the previous day, and has increased 8.58% in one year. It has underperformed other stocks in the Trucking industry by 0.45 percentage points. Rxo stock is currently +19.54% from its 52-week low of $16.94, and -16.77% from its 52-week high of $24.33.
At the moment, there are 117.09M RXO shares outstanding. The market cap of RXO is $2.37B. In the past 24 hours, 469,497 RXO shares were traded.
How to Buy Rxo Stock
Not sure how to invest in Rxo stock? Here's how.
- Figure out where to buy Rxo stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online brokerages and apps to help you determine where to buy Rxo stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Deposit money your brokerage account: Select your method of payment and add your details.
- 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 market analysis 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 purchase RXO shares at a particular price.
- Get notifications regarding your RXO investment: Create a watchlist to monitor your new investment in Rxo shares.
Step 1: Figure out where to buy Rxo stock
You need an online brokerage account to access the NYSE market and buy RXO stock.
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've picked the right brokerage, you'll need to fill out some personal details so you are able to invest in RXO today.
How to Open a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to start your new brokerage account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on investing apps, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing funds into your new brokerage account.
Step 4: Research Rxo stock
Once you have selected the best place to buy Rxo stock, it's absolutely critical to analyze their stock before you buy, so you truly comprehend the risk as well as the opportunity.
Overview of key RXO info
Fundamentals of Rxo
WallStreetZen was built to help everyday investors do better fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on RXO's stock page.
Is RXO stock undervalued?
Analysts use many financial metrics, analyses, models, and charts to gauge RXO's intrinsic value.
Using relative valuations ratios:
- RXO may be overvalued based on its P/E ratio of 675x, relative to Trucking industry P/E ratio of 53.28x
- RXO may be undervalued based on its P/B ratio of 3.99x, relative to Trucking industry P/B ratio of 4.36x
You can access more valuation analysis on RXO's stock here.
Is RXO a healthy company?
Signs that RXO is financially healthy:
- 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 earnings of $36.00M is not enough to cover its interest payments.
- RXO has a relatively high debt to equity ratio of 2.07.
- RXO profit margin has gone down from 1.9% to 0.1% in the past year.
- RXO's operating cash flow of $89.00M allows it to safely service it's debt of $558.00M.
Is it a good time to buy RXO stock, according to analysts?
Out of 5 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.
You can dig deeper into what analysts are forecasting on the Rxo stock forecast page.
RXO Technicals
Is RXO Making Money?
Last year, RXO earnings were $4.00M. During the past three year, RXO's earnings have grown by -97.22% per year. This was slower than the Trucking industry average of 8.81%.
Last year, RXO revenue was $3.93B. Over the last 4 year, RXO's revenue has grown by 5.74% per year. This was faster than the Trucking industry average of 5.08%.
You can research RXO's earnings and revenue performance here.
What are RXO executives and large shareholders up to?
In the past year, executives and large shareholders at RXO have bought more shares than they have sold.
Andrew M. Wilkerson, Chief Executive Officer of RXO, was the latest RXO insider to sell. They sold $19,362.66 worth of RXO stock on Mar 10, 2024.
Get more info about who owns RXO stock here.
Does RXO provide a stable income stream?
No, Rxo doesn't provide an income stream by paying out dividends.
What do other investors have to say about RXO?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your RXO trade
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine for most investors. - 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 an exact price, place a limit order.
Press the Open Trade button and eToro will place the order.
If you require more help investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your RXO investment
Now that you own some RXO shares, you'll want to keep up with your new investment.
Add RXO to a watchlist to monitor your RXO stock.
RXO Feed
How to Buy Stock in Rxo
To reiterate, here are the 6 steps you need to take to buy Rxo stock right now:
- Figure out where to buy Rxo stock
- Sign up for a brokerage account
- Deposit money your brokerage account
- Research Rxo stock
- Execute your RXO trade
- Get notifications regarding your RXO investment
If you need a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep track of your investment in Rxo, create a watchlist today.
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