Are Analysts Too Bullish On QXO Inc (QXO)

QXO Inc (NYSE:QXO) currently has a daily average trading volume of 2.64M but it saw 2562715 shares traded in last market. With a market cap of 5.40B USD, the company’s current market price of $13.20 came falling about -4.00 while comparing to the previous closing price of $13.75. In past 52 weeks, the stock remained buoying in the range of price level as high as $290.00 and as low as $10.61. In the recent trading on the day, stock has struck highest price mark of $12.81 while lowest mark touched by it was $13.6.

Taking a look at 20-day trading activity of QXO Inc (QXO) gives us an average price of $13.50, while its current price level is -95.45% below from 52-week high level whereas it is 24.41% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $13.25 while that of 200 days or SMA-200 reads an average of $20.50. A closer look into the stock’s movement over the week reveals that its volatility is standing at 10.65% during that period while stretching the period over a month that decreases to 6.80%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 48.09 which implies that the stock is in neutral territory.

Over the week, QXO’s stock price is moving -4.28% down while it is 4.93% when we observe its performance for the past one month. Year-to-date it is -16.98% down and over the past year, the stock is showing a downside performance of -84.74%.

The company is expected to be releasing its next quarterly report on 2025-Mar-03, for which analysts forecasted an EPS of -0.05 while estimate for next year EPS is -0.12. In next quarter, company is expected to be making quarterly sales of $13M as analysts are expecting the sales for current fiscal year at $2.56B and seeing the company making $10.66B in sales next year. Moreover, analysts are in estimates of $12M for current-quarter revenue.

Currently, QXO Inc’s total number of outstanding shares is 409.43M with 0.11% of that held by the insiders while 84.46% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -0.34% and return on equity (ROE) at 1.11%. It has a 82.50 of forward P/E ratio. Stock’s beta reads 2.24. Stock has a price to book (P/B) ratio of 1.19 while price to sale or P/S ratio amounts to 95.03. Its return on asset (ROA) is 1.09% on average.