After Hours
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Earlier, Yahoo Finance discussed this stock as it revealed RXO Launches AI-Powered Truck Check-In Technology for Warehouses and Distribution Centers.
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Stocks Info
As a NYSE listed company, RXO falls under the Industrials sector while operating within the Trucking industry segment. At the end of the last regular session, the stock closed at $21.88 and fluctuated between $22.03 as its day high and $21.35 as its day low. The current market capitalization of RXO Inc is $2.56B. A total of 0.72 million shares were traded on the day, compared to an average of 650.56K shares.
Insider Activity
Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, RXO has seen 10 BUY and 1 SELL insider trades, representing the acquisition of 328,134 and the disposition of 1,384 shares. Over the last 12 months, there were 19 BUYs and 10 SELLs from insiders. Insiders purchased 466,804 shares during that period but sold 62,544.
In the most recent transaction, MFN Partners, LP bought 23,223 shares of RXO for 19.93 per share on Nov 21. After the transaction, the 10% Owner now owns 13,008,225 company shares. In a previous transaction on Nov 20, MFN Partners, LP bought 43,678 shares at 19.74 per share. RXO shares that 10% Owner owns now total 12,985,002.
Among the insiders who bought shares, MFN Partners, LP acquired of 26,648 shares on Nov 17 at a per-share price of $19.84. This resulted in the 10% Owner holding 12,941,324 shares of RXO after the transaction. In another insider transaction, Breves Christine S bought 5,100 shares at $19.90 per share on Nov 17. Company shares held by the Director now total 6,948.
In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. In terms of 52-week highs and lows, RXO has a high of $24.33 and a low of $16.62.
As of this writing, RXO has an earnings estimate of $0.04 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $0.07 per share and a lower estimate of $0.02.
Balance Sheet Annually/Quarterly
The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. RXO’s latest balance sheet shows that the firm has $29.00M in Cash & Short Term Investments as of fiscal 2021. There were $135.00M in debt and $816.00M in liabilities at the time. Its Book Value Per Share was $5.04, while its Total Shareholder’s Equity was $1.07B.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for RXO is Buy with a score of 3.25.
