NASDAQ
QTEK

QualTek Services Inc

Construction & Engineering
Industrials

Prices are adjusted according to historical splits.

QualTek Services Inc Stock Price

Vitals

Today's Low:
$0.012
Today's High:
$0.012
Open Price:
$0.012
52W Low:
$0.011
52W High:
$2.68
Prev. Close:
$0.012
Volume:
287737

Company Statistics

Market Cap.:
$4.89 million
Book Value:
-1.889
Revenue TTM:
$753.86 million
Operating Margin TTM:
-5.27%
Gross Profit TTM:
$88.57 million
Profit Margin:
-4.83%
Return on Assets TTM:
-3.65%
Return on Equity TTM:
0%

Company Profile

QualTek Services Inc had its IPO on 2022-02-15 under the ticker symbol QTEK.

The company operates in the Industrials sector and Construction & Engineering industry. QualTek Services Inc has a staff strength of 1,947 employees.

Stock update

Shares of QualTek Services Inc opened at $0.01 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.01 - $0.01, and closed at $0.01.

This is a 0% increase from the previous day's closing price.

A total volume of 287,737 shares were traded at the close of the day’s session.

In the last one week, shares of QualTek Services Inc have slipped by -55.56%.

QualTek Services Inc's Key Ratios

QualTek Services Inc has a market cap of $4.89 million, indicating a price to book ratio of 5.3645 and a price to sales ratio of 0.0207.

In the last 12-months QualTek Services Inc’s revenue was $753.86 million with a gross profit of $88.57 million and an EBITDA of $18.67 million. The EBITDA ratio measures QualTek Services Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, QualTek Services Inc’s operating margin was -5.27% while its return on assets stood at -3.65% with a return of equity of 0%.

In Q2, QualTek Services Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 39.6%.

QualTek Services Inc’s PE and PEG Ratio

Forward PE
0
Trailing PE
0
PEG

Its diluted EPS in the last 12-months stands at $-0.31 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into QualTek Services Inc’s profitability.

QualTek Services Inc stock is trading at a EV to sales ratio of 0.9799 and a EV to EBITDA ratio of 232.8113. Its price to sales ratio in the trailing 12-months stood at 0.0207.

QualTek Services Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$671.92 million
Total Liabilities
$750.18 million
Operating Cash Flow
$0
Capital Expenditure
$941000
Dividend Payout Ratio
0%

QualTek Services Inc ended 2024 with $671.92 million in total assets and $0 in total liabilities. Its intangible assets were valued at $671.92 million while shareholder equity stood at $-76630000.00.

QualTek Services Inc ended 2024 with $0 in deferred long-term liabilities, $750.18 million in other current liabilities, 5000.00 in common stock, $-251142000.00 in retained earnings and $14.49 million in goodwill. Its cash balance stood at $8.15 million and cash and short-term investments were $8.15 million. The company’s total short-term debt was $602,383,000 while long-term debt stood at $0.

QualTek Services Inc’s total current assets stands at $250.84 million while long-term investments were $0 and short-term investments were $0. Its net receivables were $222.58 million compared to accounts payable of $77.31 million and inventory worth $6.73 million.

In 2024, QualTek Services Inc's operating cash flow was $0 while its capital expenditure stood at $941000.

Comparatively, QualTek Services Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price
$0.01
52-Week High
$2.68
52-Week Low
$0.011
Analyst Target Price
$3.5

QualTek Services Inc stock is currently trading at $0.01 per share. It touched a 52-week high of $2.68 and a 52-week low of $2.68. Analysts tracking the stock have a 12-month average target price of $3.5.

Its 50-day moving average was $0.08 and 200-day moving average was $0.58 The short ratio stood at 3.34 indicating a short percent outstanding of 0%.

Around 46.4% of the company’s stock are held by insiders while 6746.8% are held by institutions.

Frequently Asked Questions About QualTek Services Inc

The stock symbol (also called stock or share ticker) of QualTek Services Inc is QTEK

The IPO of QualTek Services Inc took place on 2022-02-15

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About

QualTek Services Inc. provides communications infrastructure, power grid modernization, and renewable solutions to telecommunications and utilities industries in the United States. It operates through two segments, Telecom, and Renewables & Recovery Logistics. The Telecom segment engages in the installation, project management, maintenance, real estate, and site acquisition; fiber optic aerial and underground installation, fiber optic splicing, termination and testing, new installation, engineering, and fulfillment services to telecommunication companies; and electrical contracting, and utility construction and maintenance services to municipalities, electric membership cooperatives, and electric-utility companies, including the construction and maintenance of overhead and underground distribution systems. The Renewables and Recovery Logistics segment offers installation, testing, and maintenance for wind farms, solar farms, and fiber optic grids; continuity, restoration, and disaster relief services to renewable energy, commercial, telecommunications and power utility companies; and business-as-usual services, such as generator storage, as well as repair and cell maintenance services. QualTek Services Inc. was founded in 2012 and is headquartered in Blue Bell, Pennsylvania. On May 24, 2023, QualTek Services Inc., along with its affiliates filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas.

Address

475 Sentry Parkway East, Blue Bell, PA, United States, 19422