Qxo, Inc Stock Today

QXO Stock   14.88  0.58  4.06%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 46

 
High
 
Low
About Average
QXO, is selling at 14.88 as of the 10th of September 2024; that is 4.06% up since the beginning of the trading day. The stock's open price was 14.3. QXO, has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. QXO, symbol was changed from SSNT on 6th of June 2024. Equity ratings for QXO, Inc are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 11th of August 2024 and ending today, the 10th of September 2024. Click here to learn more.
IPO Date
15th of March 2012
Category
Technology
QXO, is entity of United States. It is traded as Stock on NASDAQ exchange. More on QXO, Inc

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QXO, Stock Highlights

Older SymbolSSNT
CEO ChairmanBradley Jacobs
Business ConcentrationBusiness Services, Software - Application, Technology, Software - Application, Technology (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover2.872.6599
Significantly Up
Slightly volatile
Gross Profit Margin0.30.3813
Significantly Down
Pretty Stable
Total Current Liabilities10 M11.5 M
Fairly Down
Slightly volatile
Non Current Liabilities Total1.3 M1.5 M
Fairly Down
Slightly volatile
Total Assets21 M20.5 M
Fairly Up
Slightly volatile
Total Current Assets11.7 M11.1 M
Notably Up
Slightly volatile
Total Cash From Operating Activities915.5 K583.8 K
Way Up
Slightly volatile
Debt Levels
QXO, can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand QXO,'s financial leverage. It provides some insight into what part of QXO,'s total assets is financed by creditors.
Liquidity
QXO, Inc has 2.62 M in debt. Note however, debt could still be an excellent tool for QXO, to invest in growth at high rates of return.

Free Cash Flow

835,622
QXO, Inc (QXO) is traded on NASDAQ Exchange in USA. It is located in Five American Lane, Greenwich, CT, United States, 06831 and employs 195 people. QXO, Inc was previously known as SilverSun Technologies and was traded on NASDAQ Exchange under the symbol SSNT. QXO, is listed under Business Services category by Fama And French industry classification. The company runs under Technology sector within Software - Application industry. QXO, generates positive cash flow from operations, but has no cash available
Check QXO, Probability Of Bankruptcy

QXO, Historical Income Statement

At this time, QXO,'s Depreciation And Amortization is very stable compared to the past year. As of the 10th of September 2024, Interest Expense is likely to grow to about 56.4 K, though Total Other Income Expense Net is likely to grow to (2.9 M). View More Fundamentals

QXO, Stock Against Markets

QXO, Corporate Management

Additional Information and Resources on Investing in QXO, Stock

When determining whether QXO, Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of QXO,'s financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Qxo, Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Qxo, Inc Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in QXO, Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest.
You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.
Is Business Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of QXO,. If investors know QXO, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about QXO, listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of QXO, Inc is measured differently than its book value, which is the value of QXO, that is recorded on the company's balance sheet. Investors also form their own opinion of QXO,'s value that differs from its market value or its book value, called intrinsic value, which is QXO,'s true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because QXO,'s market value can be influenced by many factors that don't directly affect QXO,'s underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between QXO,'s value and its price as these two are different measures arrived at by different means. Investors typically determine if QXO, is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, QXO,'s price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.