Qxo Inc. (QXO)
NYSE NYSE Primary Summary
QXO Plunges 43% Year to Date: How Should Investors Play the Stock?
Shares of QXO, Inc. QXO have lost 42.8% over the year-to-date (“YTD”) period compared with the Zacks Technology Services industry's decline of 17.1%. The stock has also lagged the Zacks Business Services sector and the S&P 500 Index, as evidenced by the chart below.
Can QXO Double EBITDA by 2030 After Its $15B TopBuild Deal?
QXO's $15B TopBuild deal expands its building products footprint as it targets more than doubling EBITDA by 2030, despite margin pressure and integration risks.
QXO Trades Below Book Value, And The Rate Hike May Work In Its Favor
QXO, Inc. trades below book value and at a market cap less than its recent TopBuild acquisition, despite assembling a leading building products distribution platform. I see market fears over rates and housing as misplaced; higher rates actually enhance QXO's acquisition pipeline and competitive positioning for future roll-ups. Q2 showed 70% YoY revenue growth, a strong cash position, and successful integration progress, though margins compressed due to mix shift and upfront investments.
Qxo Inc. Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
 Timothy M. Bidwell Hazlett, BURT & WATSON Inc. | 700 | $13,342 | $7,574 | -$5,768 | -43.23% |
 Curtis Ellergodt Rothschild Investment LLC | 65 | $1,254.01 | $671.45 | -$582.56 | -46.46% |
| BZ Brandon Zatopek Commonwealth Equity Services LLC | 30,153 | $521,044 | $311,480.49 | -$209,563.51 | -40.22% |
| ABB Alexander Bjornager Bonde Danske Bank A/S | 500 | $9,645 | $5,417.5 | -$4,227.5 | -43.83% |
| SSS Shanna S. Sullivan SOUND SHORE MANAGEMENT Inc. /CT/ | 5.2M | $97.73M | $56.51M | -$41.22M | -42.18% |
Qxo Inc. (QXO) FAQ
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Qxo Inc. Profile
| Software Industry | Information Technology Sector | Bradley S. Jacobs CEO | NYSE Exchange | 82846H405 CUSIP |
| US Country | 7,794 Employees | 12 Jun 2024 Last Dividend | 6 Jun 2024 Last Split | - IPO Date |
Overview
QXO, Inc. is a distinguished entity operating within North America, providing a multifaceted array of business applications, technology solutions, and consultative services. With its headquarters nestled in Greenwich, Connecticut, the company carves its niche by serving primarily small and medium-sized enterprises (SMEs) in the manufacturing, distribution, and services sectors. Its operational spectrum is broad, extending from accounting and business management to sophisticated technological and consulting engagements, all tailored to enhance and streamline the operational efficiency of its clientele.
Products and Services
- Accounting and Business Management Solutions - QXO, Inc. offers customizable solutions that simplify complex financial transactions, improve accuracy, and promote effective business management.
- Financial Reporting - To facilitate informed decision-making, the company provides tools for comprehensive financial analysis and reporting.
- Enterprise Resource Planning (ERP) - QXO, Inc. delivers ERP solutions that integrate various functions of a business into a unified system, optimizing processes and enhancing performance.
- Human Capital Management - The company supports businesses in managing and optimizing their workforce through solutions that cover everything from payroll to talent acquisition and development.
- Warehouse Management Systems - To boost efficiency in inventory management and logistics, QXO, Inc. offers systems designed for the streamlined operation of warehouses.
- Customer Relationship Management (CRM) - With CRM solutions, the company enables businesses to better understand and manage their interactions and relationships with customers.
- Business Intelligence - QXO, Inc. provides tools and systems that assist in the analysis of business information, offering insights that drive business strategy and growth.
Beyond these core offerings, QXO, Inc. enriches its portfolio with value-added services that resonate with intricate business needs, encompassing:
- Consulting and Professional Services - Tailored consulting services aimed at addressing specific business challenges.
- Specialized Programming - Custom programming services to meet unique business requirements.
- Training and Technical Support - Comprehensive training and ongoing technical support to ensure the effective use and maintenance of the provided solutions.
The spectrum of its offerings extends further into Information Technology Managed Services, covering:
- Cybersecurity - Robust security solutions to protect against cyber threats.
- Application Hosting - Reliable hosting services that ensure applications are accessible and performant.
- Disaster Recovery and Business Continuity - Planning and solutions that reduce the impact of disruptive events on operations.
- Cloud Services - Scalable cloud computing solutions that cater to various business needs.
- Data Back-up, Network Maintenance, and Upgrade Services - Services designed to maintain and optimize IT infrastructure, ensuring business processes run smoothly without interruption.
Contact Information
