QXO Inc (NYSE:QXO) does about 5.34M shares in volume on a normal day but saw 4849709 shares change hands in the recent trading day. The company now has a market cap of 9.45B USD. Its current market price is $16.55, marking a decrease of -2.65% compared to the previous close of $17.00. The 52 week high reached by this stock is $290.00 whilst the lowest price level in 52 weeks is $10.61.
The consensus objective for the share price is $5.00, suggesting that the stock has a potential downside of -231.0% over the period.
The current price level is 4.03%, 14.34%, and 13.38% away from its SMA20, SMA50, and SMA200 respectively, with the QXO price moving above the 50-day SMA on current market day. QXO Inc (QXO) stock is down -1.49% over the week and 25.19% over the past month. Its price is 4.09% year-to-date and -87.23% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.05 and -0.12 for whole year. Expected sales for next quarter are $14M, which analysts say will come at $2.56B for the current fiscal year and next year at $10.66B. In addition, estimates put the company’s current quarterly revenue at an average of $13M.
To reach the target analysts have set, the stock logically needs to shrink -231.0 percent from here.
Outstanding shares total 570.99M with insiders holding 0.10% of the shares and institutional holders owning 67.19% of the company’s common stock. The company has a return on investment of -0.61% and return on equity of 1.44%. The forward price to earnings ratio is 103.44. The beta has a value of 2.37. Price to book ratio is 1.49 and price to sales ratio is 168.90.
