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 Announces Results for Fourth-Quarter 2023, Including Double-Digit Brokerage Volume Growth for Third-Consecutive Quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 $21.57 and fluctuated between $21.93 as its day high and $21.21 as its day low. The current market capitalization of RXO Inc is $2.52B. A total of 0.65 million shares were traded on the day, compared to an average of 694.60K 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 1 BUY and 0 SELL insider trades, representing the acquisition of 43,678 and the disposition of 0 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 913,186 shares of RXO for 20.29 per share on Feb 09. After the transaction, the 10% Owner now owns 15,588,555 company shares. In a previous transaction on Feb 08, MFN Partners, LP bought 919,720 shares at 21.04 per share. RXO shares that 10% Owner owns now total 14,675,369.
Among the insiders who bought shares, MFN Partners, LP acquired of 747,424 shares on Feb 02 at a per-share price of $20.25. This resulted in the 10% Owner holding 13,755,649 shares of RXO after the transaction. In another insider transaction, MFN Partners, LP bought 23,223 shares at $19.93 per share on Nov 21. Company shares held by the 10% Owner now total 13,008,225.
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. According to analysts who have offered 12-month price targets for RXO in the last 3 months, the mean price target is $20.66 with high estimates of $25.00 and low estimates of $15.00. In terms of 52-week highs and lows, RXO has a high of $24.33 and a low of $16.94.
As of this writing, RXO has an earnings estimate of -$0.03 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.05 per share and a lower estimate of -$0.08. The company reported an EPS of $0.05 in the last quarter, which was 400.00% higher than expectations of $0.01.
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 $5.08, 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 3.13.
