Date | Price Target | Rating | Analyst |
---|---|---|---|
5/15/2024 | Mkt Perform | Raymond James | |
5/3/2024 | $19.00 → $20.00 | Hold | TD Cowen |
2/9/2024 | $16.50 → $19.50 | Market Perform | TD Cowen |
2/8/2024 | Buy → Neutral | BofA Securities | |
1/10/2024 | Buy → Hold | Vertical Research | |
10/11/2023 | $17.00 → $16.00 | Neutral → Underweight | JP Morgan |
8/31/2023 | $19.00 → $14.00 | Neutral → Negative | Susquehanna |
7/12/2023 | $18.00 | Peer Perform → Underperform | Wolfe Research |
4 - RXO, Inc. (0001929561) (Issuer)
4 - RXO, Inc. (0001929561) (Issuer)
4 - RXO, Inc. (0001929561) (Issuer)
8-K - RXO, Inc. (0001929561) (Filer)
424B5 - RXO, Inc. (0001929561) (Filer)
8-K - RXO, Inc. (0001929561) (Filer)
RXO (NYSE:RXO), a leading provider of asset-light transportation solutions, announced the appointment of Troy Cooper to its Board of Directors. Brad Jacobs, non-executive chairman of RXO said, "Troy's deep understanding of the truck brokerage industry, coupled with his impressive operational and financial expertise, will be tremendous assets to both the RXO board and the company." Cooper is a transportation industry veteran with more than 11 years of experience in supply chain operations, including brokerage. He joined XPO in September 2011 as the senior vice president of operations and launched the company's Charlotte, N.C., truck brokerage hub (now part of RXO) in 2012. Later, Cooper
SC 13G/A - RXO, Inc. (0001929561) (Subject)
SC 13G/A - RXO, Inc. (0001929561) (Subject)
Barclays analyst Brandon Oglenski maintains RXO (NYSE:RXO) with a Overweight and raises the price target from $24 to $30.
JP Morgan analyst Brian Ossenbeck maintains RXO (NYSE:RXO) with a Underweight and raises the price target from $16 to $25.
Companywide gross margin of 19.0%; Brokerage gross margin of 14.7% Brokerage volume increased by 4%; less-than-truckload volume grew 40% and full truckload volume declined by 2% year-over-year Last Mile stops grew 7% year-over-year, the fastest rate in nearly two years Managed Transportation was awarded more than $200 million in freight under management Acquisition of Coyote Logistics on track to close in the first half of the fourth quarter RXO (NYSE:RXO) today announced its financial results for the second quarter of 2024. Drew Wilkerson, chief executive officer of RXO, said, "In the second quarter, RXO continued to execute well, including achieving 4% Brokerage volu
RXO (NYSE:RXO) will issue its second-quarter financial results before the opening of the New York Stock Exchange on Wednesday, August 7, 2024. The company's results will be made available on www.rxo.com. The company will also hold a conference call at 8 a.m. EDT. Conference Call Access Information Live webcast online at: http://investors.rxo.com Call toll-free from U.S./Canada: (+1) 800-549-8228 International callers: (+1) 289-819-1520 Conference ID: 70115 A replay of the conference call will be available through August 28, 2024, by calling toll-free (from U.S./Canada) +1-888-660-6264; international callers dial +1-289-819-1325. Use the passcode 70115#. Additionally, the call will be a
Creates the third-largest provider of brokered transportation in North America – a scaled industry leader Strategic transaction immediately and significantly accretive to RXO's adjusted diluted earnings per share and adjusted free cash flow Expands RXO's market position with increased capacity for customers and increased access to freight for carriers Purchase price of $1.025 billion in cash RXO to fund the transaction with mix of equity and debt that is expected to be neutral to leverage; fully committed equity from two of RXO's largest shareholders represents over 50% of purchase price RXO (NYSE:RXO) has entered into a definitive agreement to acquire Coyote Logistics, an a
RXO is now the third-largest provider of brokered transportation in North America RXO (NYSE:RXO), a leading provider of asset-light transportation solutions, today announced it has completed its acquisition of Coyote Logistics from UPS for a purchase price of $1.025 billion. The company is now the third-largest provider of brokered transportation in North America. This acquisition enhances RXO's market position, diversifies and expands its customer base and broadens its carrier network. For customers, RXO now offers increased network density and additional power lanes. For carriers, RXO offers access to more customers with opportunities to reduce deadhead miles. "We're thrilled to welcom
RXO (NYSE:RXO), a leading provider of asset-light transportation solutions, today announced that is has upsized its previously announced public offering of common stock to $500 million in total gross proceeds, pricing 19,230,770 shares of its common stock at a price of $26.00 per share. The offering is expected to close on September 11, 2024, subject to customary closing conditions. RXO has granted the underwriters of the offering an option to purchase up to an additional 2,884,615 shares of common stock at the public offering price less underwriting discounts and commissions. RXO intends to use the net proceeds from the offering to finance a portion of the pending acquisition of Coyote L
RXO (NYSE:RXO), a leading provider of asset-light transportation solutions, today announced it intends to make an offering of $350,000,000 of shares of its common stock. RXO's common stock is listed on the New York Stock Exchange under the symbol "RXO." RXO intends to grant the underwriters of the offering an option to purchase up to an additional $52,500,000 of shares of common stock at the public offering price less underwriting discounts and commissions. RXO intends to use the net proceeds from the offering to finance a portion of the pending acquisition of Coyote Logistics, UPS's technology-driven, asset-light freight brokerage business. The offering is not contingent on the consummat
4 - RXO, Inc. (0001929561) (Issuer)
4 - RXO, Inc. (0001929561) (Issuer)
4 - RXO, Inc. (0001929561) (Issuer)
Raymond James resumed coverage of RXO, Inc. with a rating of Mkt Perform
TD Cowen reiterated coverage of RXO, Inc. with a rating of Hold and set a new price target of $20.00 from $19.00 previously
TD Cowen reiterated coverage of RXO, Inc. with a rating of Market Perform and set a new price target of $19.50 from $16.50 previously