QXO (QXO) Stock Price, News & Analysis

Company Overview

QXO, Inc. operates as a business application, technology, and consulting company in North America. The company provides solutions for accounting and business management, financial reporting, enterprise resource planning, human capital management, warehouse management systems, customer relationship management, and business intelligence. It also offers value-added services that focuses on consulting and professional, specialized programming, training, and technical support services. In addition, the company provides information technology managed services, such as cybersecurity, application hosting, disaster recovery, business continuity, cloud, and other services; and data back-up, network maintenance, and upgrade services. It serves small and medium-sized businesses primarily in the manufacturing, distribution, and service industries. QXO, Inc. is headquartered in Greenwich, Connecticut.

Key Stats

• Today's Range: $15.50 to $16.16
• 50-Day Range: $13.67 to $16.22
• 52-Week Range: $10.61 to $290.00
• Volume: 1.93 million shs
• Average Volume: 2.44 million shs
• Market Capitalization: $6.55 billion
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

QXO Stock Analysis - MarketRank™

QXO scored higher than 20% of companies evaluated by MarketBeat, and ranked 290th out of 328 stocks in the business services sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for QXO.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Earnings Growth

Earnings for QXO are expected to remain at $0.32 per share in the coming year.

Price to Earnings Ratio vs. the Market

The P/E ratio of QXO is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of QXO is -1.75, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

QXO has a PEG Ratio of 2.48. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

QXO has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.28% of the float of QXO has been sold short.

Short Interest Ratio / Days to Cover

QXO has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in QXO has recently increased by 8.68%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

QXO does not currently pay a dividend.

Dividend Growth

QXO does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.28% of the float of QXO has been sold short.

Short Interest Ratio / Days to Cover

QXO has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in QXO has recently increased by 8.68%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.30

News Sentiment

QXO has a news sentiment score of 0.30. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Business Services companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for QXO this week, compared to 3 articles on an average week.

Search Interest

Only 5 people have searched for QXO on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.

MarketBeat Follows

14 people have added QXO to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, QXO insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $117,328,205.00 in company stock.

Percentage Held by Insiders

51.30% of the stock of QXO is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

58.68% of the stock of QXO is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

QXO Stock Analysis - Frequently Asked Questions

How have QXO shares performed this year?

QXO's stock was trading at $41.74 on January 1st, 2024. Since then, QXO stock has decreased by 61.7% and is now trading at $15.99.
View the best growth stocks for 2024 here.

Who are QXO's major shareholders?

QXO's top institutional shareholders include Finepoint Capital LP (6.29%), Geode Capital Management LLC (0.70%), Allspring Global Investments Holdings LLC (0.66%) and Massachusetts Financial Services Co. MA (0.50%).
View institutional ownership trends.

How do I buy shares of QXO?

Shares of QXO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of QXO own?

Based on aggregate information from My MarketBeat watchlists, some other companies that QXO investors own include NVIDIA (NVDA), PayPal (PYPL), Adobe (ADBE), Costco Wholesale (COST), CrowdStrike (CRWD), QUALCOMM (QCOM) and Roku (ROKU).

Company Calendar

• Today: 11/21/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Business Services
• Industry: Data processing & preparation
• Sub-Industry: Business Services
• Current Symbol: NASDAQ:QXO
• Previous Symbol: NASDAQ:QXO
• CUSIP: N/A
• CIK: 1236275
• Web: N/A
• Phone: (888) 998-6000
• Fax: 973-758-6120
• Employees: 195
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($9.12)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 49.97
• P/E Growth: 2.48
• Net Income: $-1,070,000.00
• Net Margins: 30.08%
• Pretax Margin: 40.37%
• Return on Equity: 1.58%
• Return on Assets: 1.30%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 258.64
• Quick Ratio: 258.64

Sales & Book Value

• Annual Sales: $54.52 million
• Price / Sales: 120.08
• Cash Flow: $0.09 per share
• Price / Cash Flow: 183.29
• Book Value: $11.10 per share
• Price / Book: 1.44

Miscellaneous

• Outstanding Shares: 409,430,000
• Free Float: 199,392,000
• Market Cap: $6.55 billion
• Optionable: Optionable
• Beta: 2.32