Investor Trust Slackened After QXO Inc (NYSE: QXO) Shares Dropped By -$0.01

EVTL

QXO Inc (NYSE:QXO) has a beta value of 2.22 and has seen 1.57 million shares traded in the recent trading session. The company, currently valued at $5.38B, closed the recent trade at $13.14 per share which meant it lost -$0.01 on the day or -0.08% during that session. The QXO stock price is -2107.0% off its 52-week high price of $290.00 and 19.25% above the 52-week low of $10.61. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.2 million shares traded. The 3-month trading volume is 3.00 million shares.

QXO Inc (NYSE:QXO) trade information

Sporting -0.08% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the QXO stock price touched $13.14 or saw a rise of 11.63%. Year-to-date, QXO Inc shares have moved -17.36%, while the 5-day performance has seen it change -5.54%. Over the past 30 days, the shares of QXO Inc (NYSE:QXO) have changed -2.16%. Short interest in the company has seen 18.44 million shares shorted with days to cover at 5.46.

QXO Inc (QXO) estimates and forecasts

The company’s shares have lost -14.73% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 4,392.47%.

1 analysts offering their estimates for the company have set an average revenue estimate of 12M for the current quarter. 1 have an estimated revenue figure of 13M for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 55.18% over the past 5 years.

QXO Dividends

QXO Inc is expected to release its next earnings report on 2025-Mar-03 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

QXO Inc (NYSE:QXO)’s Major holders

Insiders own 0.11% of the company shares, while shares held by institutions stand at 85.02% with a share float percentage of 85.11%. Investors are also buoyed by the number of investors in a company, with QXO Inc having a total of 227.0 institutions that hold shares in the company. The top two institutional holders are CITADEL ADVISORS LLC with over 9.3 million shares worth more than $85.09 million. As of 2024-06-30, CITADEL ADVISORS LLC held 2.5922% of shares outstanding.

The other major institutional holder is DRIEHAUS CAPITAL MANAGEMENT LLC, with the holding of over 2.24 million shares as of 2024-06-30. The firm’s total holdings are worth over $20.49 million and represent 0.6247% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Advisor Managed Portfolios-Patient Opportunity Trust and T. Rowe Price Small-Cap Stock Fund, Inc. . As of Mar 31, 2025 , the former fund manager holds about 1.37% shares in the company for having 5.6 shares of worth $73.75 million while later fund manager owns 4.82 shares of worth $63.51 million as of Dec 31, 2024 , which makes it owner of about 1.18% of company’s outstanding stock.