In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
QXO Inc. (NASDAQ: QXO) closed the day trading at $60.50 down -23.12% from the previous closing price of $78.69. In other words, the price has decreased by -$23.12 from its previous closing price. On the day, 76565.0 shares were traded. QXO stock price reached its highest trading level at $77.0 during the session, while it also had its lowest trading level at $59.0.
Ratios:
For a better understanding of QXO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 25.60. For the most recent quarter (mrq), Quick Ratio is recorded 0.94 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.17.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 10 ’24 when Meller Mark sold 21,624 shares for $242.41 per share. The transaction valued at 5,241,802 led to the insider holds 174 shares of the business.
Meller Mark sold 42,700 shares of QXO for $802,360 on Jun 04 ’24. The Chief Executive Officer now owns 174,388 shares after completing the transaction at $18.79 per share. On Jun 03 ’24, another insider, Meller Mark, who serves as the Chief Executive Officer of the company, sold 53,856 shares for $18.38 each. As a result, the insider received 989,997 and left with 217,088 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 20666558464 and an Enterprise Value of 36288908. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 5.28. Its current Enterprise Value per Revenue stands at 0.65 whereas that against EBITDA is 14.206.
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 $19.93. The 50-Day Moving Average of the stock is -40.48%, while the 200-Day Moving Average is calculated to be -25.49%.
Shares Statistics:
Over the past 3-months, QXO traded about 31.11K shares per day on average, while over the past 10 days, QXO traded about 173880 shares per day. A total of 0.66M shares are outstanding, with a floating share count of 0.66M. Insiders hold about 0.45% of the company’s shares, while institutions hold 18.93% stake in the company. Shares short for QXO as of 1721001600 were 98485 with a Short Ratio of 3.17, compared to 1718323200 on 68874. Therefore, it implies a Short% of Shares Outstanding of 98485 and a Short% of Float of 21.219999.
Earnings Estimates
On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.24. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.
Revenue Estimates
1 analysts predict $10.72M in revenue for the current quarter. It ranges from a high estimate of $9.84M to a low estimate of $9.84M. As of the current estimate, QXO Inc.’s year-ago sales were $8.75MFor the next quarter, 1 analysts are estimating revenue of $10.54M. There is a high estimate of $10.54M for the next quarter, whereas the lowest estimate is $10.54M.
A total of 1 analysts have provided revenue estimates for QXO’s current fiscal year. The highest revenue estimate was $39.47M, while the lowest revenue estimate was $39.47M, resulting in an average revenue estimate of $41M. In the same quarter a year ago, actual revenue was $34.85MBased on 1 analysts’ estimates, the company’s revenue will be $43.3M in the next fiscal year. The high estimate is $43.3M and the low estimate is $43.3M.
