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NYSE:XRX

Xerox (XRX) Stock Price, News & Analysis

$11.07
+0.59 (+5.63%)
(As of 10/17/2024 ET)

About Xerox Stock (NYSE:XRX)

Key Stats

Today's Range
$10.36
$11.14
50-Day Range
$9.71
$11.33
52-Week Range
$9.51
$19.78
Volume
3.55 million shs
Average Volume
2.12 million shs
Market Capitalization
$1.38 billion
P/E Ratio
N/A
Dividend Yield
9.03%
Price Target
$12.75
Consensus Rating
Strong Sell

Company Overview

Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally. The company operates through two segments, Print and Other; and FITTLE. The Print and Other segment designs, develops, and sells document systems, solutions, and services; and IT and software products and services. The FITTLE segment offers financing solutions for direct channel customer purchases; and lease financing to end-users. It also offers workplace solutions comprising desktop monochrome, color, and multifunction printers, and ConnectKey software; digital printing presses and light production devices; and digital services that support workflow automation, personalization and communication software, content management solutions, and digitization services. In addition, the company provides graphic communications, in-plant, and production solutions; FreeFlow, a software solutions for the automation and integration of processing of print job comprising file preparation, final production, and electronic publishing; and IT services, end user computing devices, network infrastructure, and communications technology, as well as technology product support, professional engineering, and commercial robotic process automation. Further, it sells paper products and standalone software, such as CareAR, DocuShare, and XMPie; and invests in startups. The company sells its products through its direct sales force, distributors, independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. The company was formerly known as Xerox Corporation and changed its name to Xerox Holdings Corporation in August 2019. Xerox Holdings Corporation was founded in 1903 and is headquartered in Norwalk, Connecticut.

Xerox Stock Analysis - MarketRank™

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50th Percentile Overall Score

XRX MarketRank™: 

Xerox scored higher than 50% of companies evaluated by MarketBeat, and ranked 133rd out of 177 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Xerox has received a consensus rating of Strong Sell. The company's average rating score is 1.25, and is based on no buy ratings, 1 hold rating, and 3 sell ratings.

  • Amount of Analyst Coverage

    Xerox has only been the subject of 1 research reports in the past 90 days.

  • Read more about Xerox's stock forecast and price target.
  • Earnings Growth

    Earnings for Xerox are expected to grow by 5.59% in the coming year, from $1.79 to $1.89 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Xerox is -10.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Xerox is -10.54, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Xerox has a P/B Ratio of 0.53. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Xerox's valuation and earnings.
  • Short Interest

    There is no current short interest data available for XRX.
  • Dividend Leadership

    Xerox is a leading dividend payer. It pays a dividend yield of 9.83%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Xerox does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Xerox will have a dividend payout ratio of 52.91% next year. This indicates that Xerox will be able to sustain or increase its dividend.

  • Read more about Xerox's dividend.
  • Short Interest

    There is no current short interest data available for XRX.
  • News Sentiment

    Xerox has a news sentiment score of 0.66. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 9 news articles for Xerox this week, compared to 6 articles on an average week.
  • Search Interest

    7 people have searched for XRX on MarketBeat in the last 30 days. This is an increase of 17% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Xerox to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Xerox insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.30% of the stock of Xerox is held by insiders.

  • Percentage Held by Institutions

    85.36% of the stock of Xerox is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Xerox's insider trading history.
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XRX Stock News Headlines

Xerox Acquires ITsavvy to Grow IT Services Presence
Xerox Holdings To Acquire ITsavvy For $400 Mln
This man beat out 16,000 stock pickers to earn the #1 spot
There are very few people in this world who are considered “the best” in their field. There are guys like Michael Jordan who is considered the best basketball player of all time… Or Warren Buffet who is considered the best Investor of all time… But we’ve just met a man who might be the best stock picker of all time… Right now, as we speak, he is currently ranked the #1 stock picker in North America.
Bear of the Day: Xerox (XRX)
See More Headlines

XRX Stock Analysis - Frequently Asked Questions

Xerox's stock was trading at $18.33 at the beginning of the year. Since then, XRX shares have decreased by 39.6% and is now trading at $11.07.
View the best growth stocks for 2024 here
.

Xerox Holdings Co. (NYSE:XRX) issued its earnings results on Thursday, July, 25th. The information technology services provider reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.43 by $0.14. The company's revenue was down 10.0% compared to the same quarter last year.

Xerox's stock reverse split on the morning of Wednesday, June 14th 2017. The 1-4 reverse split was announced on Tuesday, May 23rd 2017. The number of shares owned by shareholders was adjusted after the market closes on Tuesday, June 13th 2017. An investor that had 100 shares of stock prior to the reverse split would have 25 shares after the split.

Xerox subsidiaries include Go Inspire, Powerland, Competitive Computing, Document Systems, Document Systems, Groupe CT, Altodigital Networks, and more.

Top institutional shareholders of Xerox include Portman Square Capital LLP, Sound Income Strategies LLC (0.83%), Wedge Capital Management L L P NC (0.16%) and Creative Planning (0.02%). Insiders that own company stock include Suzan Morno-Wade, Jacques-Edouard Gueden, Hernandez Margarita Palau, Naresh Shanker, Carl C Icahn and A Scott Letier.
View institutional ownership trends
.

Shares of XRX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Xerox investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), General Electric (GE), Broadcom (AVGO), Intel (INTC) and Exxon Mobil (XOM).

Company Calendar

Ex-Dividend for 7/31 Dividend
6/28/2024
Last Earnings
7/25/2024
Dividend Payable
7/31/2024
Ex-Dividend for 10/31 Dividend
9/30/2024
Today
10/17/2024
Next Earnings (Estimated)
10/22/2024
Dividend Payable
10/31/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Computer peripheral equipment, not elsewhere classified
Sub-Industry
Office Electronics
CUSIP
98412110
Employees
20,100
Year Founded
1906

Price Target and Rating

Average Stock Price Target
$12.75
High Stock Price Target
$17.00
Low Stock Price Target
$11.00
Potential Upside/Downside
+15.2%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.25
Research Coverage
4 Analysts

Profitability

Net Income
$1 million
Pretax Margin
-2.29%

Debt

Sales & Book Value

Annual Sales
$6.89 billion
Cash Flow
$4.77 per share
Book Value
$20.73 per share

Miscellaneous

Free Float
123,959,000
Market Cap
$1.38 billion
Optionable
Optionable
Beta
1.57

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This page (NYSE:XRX) was last updated on 10/17/2024 by MarketBeat.com Staff
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