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The price of QXO Inc (NASDAQ: QXO) closed at $15.23 in the last session, down -0.20% from day before closing price of $15.26. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 1.55 million shares were traded. QXO stock price reached its highest trading level at $16.39 during the session, while it also had its lowest trading level at $15.2.
Ratios:
We take a closer look at QXO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.24 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 203.91. For the most recent quarter (mrq), Quick Ratio is recorded 61.79 and its Current Ratio is at 258.64. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 06 ’24 when MFN Partners, LP sold 7,000,000 shares for $15.05 per share. The transaction valued at 105,350,000 led to the insider holds 46,908,701 shares of the business.
MFN Partners, LP sold 795,894 shares of QXO for $11,978,205 on Aug 26 ’24. The 10% Owner now owns 53,908,701 shares after completing the transaction at $15.05 per share. On Jun 10 ’24, another insider, Meller Mark, who serves as the Pres., SilverSun Technologies of the company, sold 21,624 shares for $242.41 each. As a result, the insider received 5,241,802 and left with 174 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, QXO now has a Market Capitalization of 6235618816 and an Enterprise Value of 1697799808. For the stock, the TTM Price-to-Sale (P/S) ratio is 109.70 while its Price-to-Book (P/B) ratio in mrq is 1.37. Its current Enterprise Value per Revenue stands at 29.87 whereas that against EBITDA is -46.686.
Stock Price History:
Over the past 52 weeks, QXO has reached a high of $290.00, while it has fallen to a 52-week low of $10.61. The 50-Day Moving Average of the stock is 0.71%, while the 200-Day Moving Average is calculated to be -76.59%.
Shares Statistics:
According to the various share statistics, QXO traded on average about 2.47M shares per day over the past 3-months and 2706800 shares per day over the past 10 days. A total of 409.43M shares are outstanding, with a floating share count of 392.75M. Insiders hold about 4.07% of the company’s shares, while institutions hold 59.10% stake in the company. Shares short for QXO as of 1730332800 were 5014640 with a Short Ratio of 2.03, compared to 1727654400 on 4252370. Therefore, it implies a Short% of Shares Outstanding of 5014640 and a Short% of Float of 1.23000005.
Earnings Estimates
Investors are keenly observing as 1 analysts analyze and rate the current performance of QXO Inc (QXO) in the stock market.The consensus estimate for the next quarter is $0.06, with high estimates of $0.06 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.32 and $0.32 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.32, with 1.0 analysts recommending between $0.32 and $0.32.
Revenue Estimates
For the next quarter, 1 analysts are estimating revenue of $15M. There is a high estimate of $15M for the next quarter, whereas the lowest estimate is $15M.
Based on 1 analysts’ estimates, the company’s revenue will be $7.44B in the next fiscal year. The high estimate is $7.44B and the low estimate is $7.44B.
