Professional
Added to YB: 2026-02-11
Pitch date: 2026-02-09
RXO [bearish]
RXO, Inc.
+2.49%
current return
Author Info
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Company Info
RXO, Inc. engages in truck brokerage business in the United States, Canada, Mexico, Asia, and Europe.
Market Cap
$2.2B
Pitch Price
$16.09
Price Target
N/A
Dividend
N/A
EV/EBITDA
12.48
P/E
-22.76
EV/Sales
0.50
Sector
Ground Transportation
Category
special_situation
RXO's Quiet Foreclosure
RXO (update - short): Lenders forced transition from $600M unsecured revolver to $450M secured ABL, signaling distress. Company needs $500-600M credit but only got $450M with lockbox provision giving lenders cash flow control. EBITDA expected to drop from $109M to ~$65M, leverage rising to 4.5x. Management must raise equity or face insolvency.
Read full article (6 min)