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Added to YB: 2025-09-29

Pitch date: 2025-06-30

RXO [neutral]

RXO, Inc.

-1.41%

current return

Author Info

No bio for this author

Company Info

RXO, Inc. engages in truck brokerage business in the United States, Canada, Mexico, Asia, and Europe.

Market Cap

$1.9B

Pitch Price

$15.65

Price Target

N/A

Dividend

N/A

EV/EBITDA

10.06

P/E

-24.31

EV/Sales

0.43

Sector

Ground Transportation

Category

turnaround

Show full summary:
Alger Weatherbie Specialized Growth Fund Portfolio Holding: RXO, Inc.

RXO (holding update): Transportation broker (TL/LTL) reported weaker-than-expected Q revenues & earnings vs estimates. TL segment hit by lower volumes despite higher revenue/shipment. LTL performed well. Mgmt cited weak April but highlighted efficiency improvements. Productivity gains position co well to outperform when markets recover.

Read full article (1 min)