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QXO INC (QXO) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKS· 2025-06-13 13:51
Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - QXO, Inc. has shown a significant price increase of 49.7% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 23.5% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, QXO is trading at 92.9% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - QXO holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like QXO that have the fundamental strength to sustain their recent uptrends [3]. - The article suggests that there are several other stocks passing through this screen, indicating potential investment opportunities [8].
QXO: I Am Buying The Company -- And "The Man"
Seeking Alpha· 2025-06-11 19:08
Company Overview - QXO is a new company that is expected to gain significant recognition among investors, founded by an entrepreneur with a history of establishing or controlling five publicly listed companies [1]. Analyst Background - The analyst, Joseph Shaefer, has extensive experience in military service, academia, and investment banking, having served as a senior executive at Charles Schwab [2]. - His investment approach encompasses deep dives into sectors such as Energy, Resources, Aerospace and Defense, and Infrastructure, while also focusing on income-generating investments like ETFs and preferred shares [2]. Investment Group Features - The Investor's Edge® offers unique features for subscribers, including a Growth & Value sample portfolio, early notifications of articles, and real-time updates on investment activities [2]. - Subscribers benefit from five decades of experience and receive 2 to 4 exclusive articles monthly, along with access to community discussions [2].
Roofr and QXO Partner to Bring Real-Time Pricing and Digital Material Ordering to Roofing Contractors
Prnewswire· 2025-06-10 16:00
Core Insights - Roofr has announced a strategic integration with QXO, enhancing the capabilities of roofing contractors by providing real-time material pricing and integrated ordering [1][3][4] Company Overview - Roofr, founded in 2015, is a leading provider of roofing software solutions, offering tools for CRM, instant estimates, roof measurement reports, proposals, material ordering, payments, and invoicing [6] - QXO, Inc. is the largest publicly traded distributor of commercial and residential roofing products in North America, aiming to become a tech-enabled leader in the $800 billion building products distribution industry [1][4] Integration Benefits - The integration allows roofing contractors to access live material costs based on individual contracts, streamlining proposal creation and reducing manual data entry [3][7] - Contractors can place integrated material orders through Roofr and view real-time product availability, improving scheduling and reducing project delays [3][7] - The collaboration enhances operational efficiency and profitability for roofing professionals by providing up-to-date pricing and effortless ordering [4][7] Future Goals - QXO is targeting $50 billion in annual revenue within the next decade through a focus on accretive acquisitions and organic growth [4]
Why QXO Stock Is Shooting Higher Today
The Motley Fool· 2025-06-06 15:08
Core Viewpoint - QXO, a building products distributor, has received a bullish price target from Wolfe Research, leading to a significant increase in its stock price [1][4]. Company Overview - QXO was established by entrepreneur Brad Jacobs with the aim of consolidating the building products distribution sector [3]. - The company completed an $11 billion acquisition of Beacon Roofing Supply in April and plans to increase its revenue from approximately $10 billion to $50 billion in the coming years [3]. Analyst Insights - Wolfe Research analyst Trevor Allinson initiated coverage on QXO with an "outperform" rating and set a price target of $44, which is over 150% higher than the stock's closing price of $16.75 [4]. - Allinson highlighted QXO's potential for superior EBITDA growth, forecasting a 35% compound annual growth rate over the next five years, significantly outpacing the industry average [5]. Management and Strategy - Brad Jacobs has a proven track record with over 500 acquisitions, having built two of the top 10 Fortune 500 companies in the last decade [6]. - QXO's management team is expected to leverage a combination of acquisitions and technology to drive both organic and inorganic growth [7]. - The company recently completed a secondary offering to enhance its acquisition capabilities [7].
QXO, Inc. (QXO) Reports Q1 Loss, Tops Revenue Estimates
ZACKS· 2025-05-09 00:45
QXO, Inc. (QXO) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.05. This compares to earnings of $0.24 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 40%. A quarter ago, it was expected that this company would post a loss of $0.05 per share when it actually produced a loss of $0.02, delivering a surprise of 60%.Over the last four quarters, the company has surpassed consens ...
QXO, Inc(QXO) - 2025 Q1 - Quarterly Report
2025-05-08 20:20
or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38063 QXO, INC. (Exact name of registrant as specified in its charter) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended: March 31, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ____________ FORM 10-Q ____________ Delaware (State or other jurisdiction of ...
QXO, Inc(QXO) - 2025 Q1 - Quarterly Results
2025-05-08 20:12
Exhibit 99.1 QXO Reports First Quarter 2025 Results GREENWICH, Conn. — May 8, 2025 — QXO, Inc. (NYSE: QXO) today announced its financial results for the first quarter 2025. The company reported a loss of $(0.03) per basic and diluted share attributable to common shareholders. FIRST QUARTER 2025 SUMMARY RESULTS | | | Three Months Ended March 31, | | | | | --- | --- | --- | --- | --- | --- | | (in thousands) | 2025 | | 2024 | | Change % | | Revenue: | | | | | | | Software product, net | $ | 3,517 | $ | 3,480 ...
Strength Seen in QXO INC (QXO): Can Its 7.9% Jump Turn into More Strength?
ZACKS· 2025-05-05 12:45
QXO, Inc. (QXO) shares ended the last trading session 7.9% higher at $14.26. The jump came on an impressive volume with a higher-than-average number of shares changing hands in the session. This compares to the stock's 4.1% loss over the past four weeks.The company has recorded this stock price increase as it has been benefiting from its financial state, having more than $5 billion of cash and no debt. This is enabling it to pursue high-value M&A opportunities.This company is expected to post quarterly loss ...
Beacon to be Acquired by QXO in $11 Billion Deal, Stock Up
ZACKS· 2025-03-21 18:00
Core Viewpoint - Beacon Roofing Supply, Inc. (BECN) has entered into a definitive merger agreement to be acquired by QXO, Inc. for $11 billion, with the transaction valued at $124.35 per share in cash, expected to close by the end of April [1] Company Overview - BECN is a leading distributor of roofing, waterproofing, and exterior products, with nearly 600 branches across the United States and Canada [1][4] - The company has been focusing on its Ambition 2025 plan to enhance customer experience, expand revenue and margins, and boost value for stakeholders [5] Financial Performance - BECN's shares gained 2% during the trading session following the merger announcement, indicating positive investor sentiment [2] - The company has achieved significant milestones under the Ambition 2025 plan, including 19 new greenfield locations, 42 acquired branches, and a 24.1% year-over-year increase in digital sales [6] - BECN's efforts to improve underperforming branches contributed $20 million to adjusted EBITDA, surpassing its three-year target of $75 million ahead of schedule [6] Market Position - Over the past six months, BECN's shares have increased by 45.6%, significantly outperforming the Zacks Building Products - Retail industry's decline of 5.7% [9] - The company's early progress in achieving Ambition 2025 targets and maintaining shareholder value amid macroeconomic risks is viewed positively for its future prospects [9]
BRODSKY & SMITH SHAREHOLDER UPDATE: Notifying Investors of the Following Investigations: Beacon Roofing Supply, Inc. (Nasdaq – BECN), Optinose, Inc. (Nasdaq – OPTN), Corporation (Nasdaq – RDFN), Blackboxstocks Inc. (Nasdaq – BLBX)
Globenewswire· 2025-03-20 17:43
Group 1: Beacon Roofing Supply, Inc. - Beacon Roofing Supply will be acquired by QXO, Inc. for $124.35 per share in cash at closing [2] - The investigation focuses on whether the Beacon Roofing Supply Board breached its fiduciary duties by failing to conduct a fair process and whether shareholders are receiving fair value for their shares [2] Group 2: Optinose, Inc. - Optinose will be acquired by Paratek Pharmaceuticals for $9.00 per share in cash, plus up to $5.00 per share in contingent value rights (CVRs) based on achieving certain net revenue milestones [4] - The investigation concerns potential breaches of fiduciary duties by the Optinose Board regarding the fairness of the acquisition process and shareholder value [4] Group 3: Redfin Corporation - Redfin will be acquired by Rocket Companies, with each share of Redfin common stock exchanged for a fixed ratio of 0.7926 shares of Rocket Companies Class A common stock, valued at approximately $12.50 per share [6] - The investigation examines whether the Redfin Board breached its fiduciary duties by failing to ensure a fair process and the impact of dilution on shareholders [6] Group 4: Blackboxstocks Inc. - Blackboxstocks will be acquired by REalloys Inc., with stockholders expected to own approximately 7.3% of the combined company's shares upon closing [8] - The investigation looks into whether the Blackboxstocks Board breached its fiduciary duties by not conducting a fair process and the implications of dilution for shareholders [8]