Research Analysts Set Expectations for Xerox Q1 Earnings

Xerox Holdings Co. (NYSE:XRX - Free Report) - Equities research analysts at Zacks Research lowered their Q1 2025 earnings estimates for Xerox in a report released on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the information technology services provider will post earnings per share of $0.08 for the quarter, down from their previous estimate of $0.17. The consensus estimate for Xerox's current full-year earnings is $1.07 per share. Zacks Research also issued estimates for Xerox's FY2025 earnings at $1.10 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $1.31 EPS.

Several other equities analysts have also commented on XRX. StockNews.com lowered Xerox from a "buy" rating to a "hold" rating in a research report on Wednesday, February 5th. JPMorgan Chase & Co. cut their price target on Xerox from $11.00 to $8.00 and set an "underweight" rating on the stock in a research note on Wednesday, October 30th. Finally, Morgan Stanley dropped their price objective on Xerox from $10.00 to $8.00 and set an "underweight" rating on the stock in a report on Wednesday, October 30th. Three analysts have rated the stock with a sell rating and two have given a hold rating to the stock. According to MarketBeat, the company presently has an average rating of "Reduce" and an average target price of $9.50.

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Xerox Stock Down 3.6 %

NYSE XRX traded down $0.28 during trading hours on Friday, hitting $7.49. The company had a trading volume of 5,743,489 shares, compared to its average volume of 2,709,819. The firm's 50 day moving average is $8.66 and its 200 day moving average is $9.37. The company has a market capitalization of $931.56 million, a price-to-earnings ratio of -0.70 and a beta of 1.59. Xerox has a fifty-two week low of $7.44 and a fifty-two week high of $19.48. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.11 and a quick ratio of 0.84.

Xerox Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Monday, March 31st will be paid a $0.125 dividend. The ex-dividend date is Monday, March 31st. This represents a $0.50 dividend on an annualized basis and a yield of 6.68%. Xerox's payout ratio is currently -4.66%.

Institutional Trading of Xerox

A number of institutional investors and hedge funds have recently made changes to their positions in XRX. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in Xerox by 7.1% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 549,551 shares of the information technology services provider's stock worth $4,633,000 after buying an additional 36,420 shares during the last quarter. Voloridge Investment Management LLC acquired a new position in shares of Xerox during the fourth quarter valued at $1,375,000. Wexford Capital LP bought a new position in shares of Xerox during the fourth quarter worth about $97,000. Two Sigma Advisers LP increased its holdings in shares of Xerox by 8.7% in the 4th quarter. Two Sigma Advisers LP now owns 289,750 shares of the information technology services provider's stock worth $2,443,000 after acquiring an additional 23,100 shares during the period. Finally, Two Sigma Investments LP lifted its position in Xerox by 1.0% in the 4th quarter. Two Sigma Investments LP now owns 452,329 shares of the information technology services provider's stock valued at $3,813,000 after purchasing an additional 4,552 shares during the last quarter. 85.36% of the stock is currently owned by institutional investors and hedge funds.

About Xerox

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.