In the last trading session, 5.17 million shares of the QXO Inc (NYSE:QXO) were traded, and its beta was 2.19. Most recently the company’s share price was $13.86, and it changed around $0.06 or 0.43% from the last close, which brings the market valuation of the company to $5.67B. QXO currently trades at a discount to its 52-week high of $290.00, offering almost -1992.35% off that amount. The share price’s 52-week low was $10.61, which indicates that the current value has risen by an impressive 23.45% since then. We note from QXO Inc’s average daily trading volume that its 10-day average is 4.65 million shares, with the 3-month average coming to 2.36 million.
QXO Inc (NYSE:QXO) trade information
Instantly QXO has showed a green trend with a performance of 0.43% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 14.20 on recent trading dayincreased the stock’s daily price by 2.39%. The company’s shares are currently down -12.83% year-to-date, but still up 6.70% over the last five days. On the other hand, QXO Inc (NYSE:QXO) is 12.96% up in the 30-day period. We can see from the shorts that 7.48 million shares have been sold at a short interest cover period of 3.98 day(s).
QXO Inc (QXO) estimates and forecasts
The year-over-year growth rate is expected to be 4,392.47%, up from the previous year.
Consensus estimates provided by 1 financial analysts predict the company will bring in an average of 12M in revenue for the current quarter. 1 analysts expect QXO Inc to make 13M in revenue for the current ending quarter.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 55.18%.
QXO Dividends
QXO Inc’s next quarterly earnings report is expected to be released on 2025-Mar-03.
QXO Inc (NYSE:QXO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.11% of QXO Inc shares, and 84.43% of them are in the hands of institutional investors. The stock currently has a share float of 84.52%. QXO Inc stock is held by 217.0 institutions, with CITADEL ADVISORS LLC being the largest institutional investor. By 2024-06-30, it held 2.5922% of the shares, which is about 9.3 million shares worth $85.09 million.
DRIEHAUS CAPITAL MANAGEMENT LLC, with 0.6247% or 2.24 million shares worth $20.49 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Patient Opportunity Trust and T. Rowe Price Small-Cap Stock Fund, Inc. were the top two Mutual Funds as of Dec 31, 2024 . The former held 6.0 shares worth $83.16 million, making up 1.47% of all outstanding shares. On the other hand, T. Rowe Price Small-Cap Stock Fund, Inc. held roughly 4.82 shares worth around $66.84 million, which represents about 1.18% of the total shares outstanding.
