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QXO Inc

QXO Inc (QXO)

13.71
0.00
(0.00%)
Closed 17 February 8:00AM
0.00
0.00
(0.00%)

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Key stats and details

Current Price
13.71
Bid
13.76
Offer
13.95
Volume
-
0.00 Day's Range 0.00
10.61 52 Week Range 290.00
Market Cap
Previous Close
13.71
Open
-
Last Trade
Last Trade Time
Financial Volume
-
VWAP
-
Average Volume (3m)
1,466,306
Shares Outstanding
409,430,195
Dividend Yield
-
PE Ratio
-5,273.08
Earnings Per Share (EPS)
-0
Revenue
54.52M
Net Profit
-1.07M

About QXO Inc

QXO, Inc. provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. It offers consulting and professional services, such as specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of busin... QXO, Inc. provides technology solutions, primarily to clients in the manufacturing, distribution and service sectors. It offers consulting and professional services, such as specialized programming, training and technical support, and develops proprietary software. As a value-added reseller of business application software, it offers solutions for accounting, financial reporting, enterprise resource planning, warehouse management systems, customer relationship management, business intelligence and other applications. Additionally, it develops and publishes its own proprietary software. Its technologies provide secure cloud hosting, infrastructure-as-a-service (IaaS), managed cloud and information technology services, business technology consulting, custom software development, human capital management, and e-commerce consulting. Its managed network services provide its customers with infrastructure management and robust technology stack support for their entire application ecosystem. Show more

Sector
Cmp Processing,data Prep Svc
Industry
Business Services, Nec
Headquarters
Wilmington, Delaware, USA
Founded
2024
QXO Inc is listed in the Cmp Processing,data Prep Svc sector of the NASDAQ with ticker QXO. The last closing price for QXO was US$13.71. Over the last year, QXO shares have traded in a share price range of US$ 10.61 to US$ 290.00.

QXO currently has 409,430,195 shares in issue. The market capitalisation of QXO is US$5.61 billion. QXO has a price to earnings ratio (PE ratio) of -5273.08.

QXO (QXO) Options Flow Summary

Overall Flow

Bullish

Net Premium

139k

Calls / Puts

100.00%

Buys / Sells

0.00%

OTM / ITM

100.00%

Sweeps Ratio

0.00%

QXO Latest News

PeriodChangeChange %OpenHighLowAvg. Daily VolVWAP
10013.7113.7113.7100CS
40013.7113.7113.7100CS
12-2.896-17.439479706116.60618.1813.6201146630616.21693312CS
262.4421.650399290211.2718.1810.62208525415.16893238CS
52-122.21-89.913184226135.9229010.61183058415.31590077CS
156-122.21-89.913184226135.9229010.61183058415.31590077CS
260-122.21-89.913184226135.9229010.61183058415.31590077CS

QXO - Frequently Asked Questions (FAQ)

What is the current QXO share price?
The current share price of QXO is US$ 13.71
How many QXO shares are in issue?
QXO has 409,430,195 shares in issue
What is the market cap of QXO?
The market capitalisation of QXO is USD 5.61B
What is the 1 year trading range for QXO share price?
QXO has traded in the range of US$ 10.61 to US$ 290.00 during the past year
What is the PE ratio of QXO?
The price to earnings ratio of QXO is -5.27k
What is the cash to sales ratio of QXO?
The cash to sales ratio of QXO is 102.93
What is the reporting currency for QXO?
QXO reports financial results in USD
What is the latest annual turnover for QXO?
The latest annual turnover of QXO is USD 54.52M
What is the latest annual profit for QXO?
The latest annual profit of QXO is USD -1.07M
What is the registered address of QXO?
The registered address for QXO is CORPORATION TRUST CENTER, 1209 ORANGE ST, WILMINGTON, DELAWARE, 19801
What is the QXO website address?
The website address for QXO is ir.silversuntech.com/overview/default.aspx
Which industry sector does QXO operate in?
QXO operates in the BUSINESS SERVICES, NEC sector

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QXO Discussion

View Posts
2221 2221 4 months ago
QXO, Inc. (NASDAQ:QXO) was until recently a small-cap software company called SilverSun Technologies. This changed late in 2023 when serial entrepreneur/M&A investor Brad Jacobs announced an investment of $1B into the company through a pipe transaction, which included other investors including Sequoia Heritage. This initial investment was followed by two additional investments into the company, once for $3.5B in June 2024 and a second follow-on for $620m in July 2024, which included $150m from Affinity Partners. This left the company with over $5B in cash and firmly in the hands of Mr. Jacobs for his next business foray, which was to consolidate the $800B building products distribution industry using QXO as the vehicle.

The shares went on a wild ride from the date of the initial announcement in December 2023 through to the additional investment news as speculators drove the stock up over $200 per share. Some of this was due to the lack of float available to trade even while this material news was being announced. Shares have now settled in the $15 per share range, giving the company a market cap of $6.2B. Net of the cash on hand, QXO is sitting with an enterprise value of $1.2B. The question is what do current investors get for
👍️0
2221 2221 4 months ago
QXO announced itself with a somewhat atypical deal by putting together a large offer of $9.4B for French company Rexel (OTCPK:RXLSF). This represented a premium of 24.5% over recently traded shares, which valued the company at 6.5X EBITDA. Now, Rexel rejected this, but this sets the precedent that Jacobs is not looking to overpay. A 6.5x multiple for a public company would have allowed a lot of value add to be gained through the QXO management team. I would guess this would also be an upper bound on what multiple they would likely to pay; private company multiples will be much lower. There is also the possibility that other acquisitions are bought based off trough earnings at an even greater discount.

The Value Proposition
The upside for investors can be illustrated by the current multiples of companies that Jacobs et al. have already built:
👍️0
Monksdream Monksdream 5 months ago
QXO under $25
👍️0
2221 2221 5 months ago
qxo Rexel confirms it has received earlier this week an unsolicited, non-binding preliminary proposal from QXO regarding a potential acquisition of Rexel at an indicative price of €28.00 to €28.40 per share.

Rexel’s Board of Directors has reviewed the proposal in detail and has unanimously decided not to pursue it, considering that it significantly undervalues the company and does not reflect its value creation potential through its Power Up 25 strategic plan. The Board of Directors remains highly confident in Rexel’s management to deliver the mid-term objectives presented in during the June 2024 Capital Markets Day. Indeed, Rexel’s management team has successfully demonstrated over the last few years its ability to increase the company’s underlying profitability and enhance its growth profile in an accelerating electrification world.
👍️0

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