Investors’ Patience Is Being Tested Right Now By RXO Inc (NYSE: RXO)

After Hours

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. Yahoo Finance discussed the stock recently as it posted RXO Leader Named to “Top Women to Watch in Transportation” List.

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Stocks Info

RXO Inc is listed on the NYSE as a member of the Industrials sector and is a part of the Trucking industry. The current market capitalization of RXO Inc is $2.56B. A total of 0.77 million shares were traded on the day, compared to an average of 611.19K shares.

In the most recent transaction, MFN Partners, LP bought 913,186 shares of RXO for 20.29 per share on Feb 09 ’24. After the transaction, the 10% Owner now owns 15,588,555 company shares. In a previous transaction on Feb 08 ’24, 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 ’24 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 ’23. Company shares held by the 10% Owner now total 13,008,225.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. 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 14 estimates, with a high estimate of $0 per share and a lower estimate of -$0.06. 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

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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.

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