RXO, Inc. (NYSE:RXO – Get Rating) – Oppenheimer issued their Q3 2022 EPS estimates for shares of RXO in a report released on Tuesday, November 22nd. Oppenheimer analyst S. Schneeberger anticipates that the company will post earnings per share of $0.26 for the quarter. Oppenheimer has a “Outperform” rating and a $21.00 price target on the stock. The consensus estimate for RXO’s current full-year earnings is $1.27 per share. Oppenheimer also issued estimates for RXO’s Q4 2022 earnings at $0.24 EPS, FY2022 earnings at $1.28 EPS, Q1 2023 earnings at $0.20 EPS, Q2 2023 earnings at $0.13 EPS, Q3 2023 earnings at $0.24 EPS, Q4 2023 earnings at $0.27 EPS, FY2023 earnings at $0.84 EPS and FY2024 earnings at $1.03 EPS.
Several other brokerages have also recently commented on RXO. Wolfe Research assumed coverage on shares of RXO in a research report on Thursday, November 10th. They set a “peer perform” rating for the company. Vertical Research assumed coverage on shares of RXO in a report on Monday. They set a “buy” rating and a $27.00 price objective for the company. Stifel Nicolaus assumed coverage on shares of RXO in a report on Friday, November 4th. They set a “buy” rating and a $20.00 price objective for the company. The Goldman Sachs Group assumed coverage on shares of RXO in a report on Tuesday. They set a “neutral” rating and a $20.00 price objective for the company. Finally, Stephens assumed coverage on shares of RXO in a report on Wednesday, November 2nd. They set an “equal weight” rating for the company. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $22.00.
RXO Stock Performance
RXO Company Profile
RXO provides truckload freight transportation brokerage in the United States. The company, through a proprietary digital freight marketplace, offers access to truckload capacity and complementary brokered services of managed transportation, last mile, and freight forwarding. The company is based in Charlotte, North Carolina.
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