Xerox (XRX) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $8.26 to $8.52
• 50-Day Range: $8.17 to $11.07
• 52-Week Range: $8.02 to $19.78
• Volume: 1.01 million shs
• Average Volume: 2.20 million shs
• Market Capitalization: $1.04 billion
• P/E Ratio: N/A
• Dividend Yield: 11.92%
• Price Target: $9.50
• Consensus Rating: Strong Sell

Xerox Stock Analysis - MarketRank™

Xerox scored higher than 43% of companies evaluated by MarketBeat, and ranked 128th out of 178 stocks in the industrial products sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.6 / 5
• Analyst Rating: Strong Sell

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 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: 5.80%

Earnings Growth

Earnings for Xerox are expected to grow by 5.80% in the coming year, from $1.38 to $1.46 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Xerox is -0.76, 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 -0.76, 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 0.80. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: N/A
• Short Interest Level: N/A

Short Interest

There is no current short interest data available for XRX.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Xerox is a leading dividend payer. It pays a dividend yield of 12.03%, 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 68.49% next year. This indicates that Xerox will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 3.0 / 5
• Environmental Score: -1.26

Short Interest

There is no current short interest data available for XRX.

News and Social Media

• Score: 2.4 / 5
• News Sentiment: 0.30

News Sentiment

Xerox has a news sentiment score of 0.30. 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 is a lower news sentiment than the 0.76 average news sentiment score of Industrial Products companies.

News Coverage This Week

MarketBeat has tracked 14 news articles for Xerox this week, compared to 6 articles on an average week.

Search Interest

12 people have searched for XRX on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.

MarketBeat Follows

Only 1 people have added Xerox to their MarketBeat watchlist in the last 30 days. This is a decrease of -90% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

XRX Stock Analysis - Frequently Asked Questions

How have XRX shares performed this year?

Xerox's stock was trading at $18.33 on January 1st, 2024. Since then, XRX stock has decreased by 54.2% and is now trading at $8.39.
View the best growth stocks for 2024 here.

How were Xerox's earnings last quarter?

Xerox Holdings Co. (NYSE:XRX) announced its quarterly earnings results on Tuesday, October, 29th. The information technology services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by $0.26. Xerox's revenue for the quarter was down 7.5% on a year-over-year basis.

When did Xerox's stock split?

Xerox shares 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 closing bell 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.

Does Xerox have any subsidiaries?

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

Who are Xerox's major shareholders?

Top institutional investors of Xerox include Pacer Advisors Inc. (13.64%), Geode Capital Management LLC (2.26%), Portman Square Capital LLP and Parallax Volatility Advisers L.P.. Insiders that own company stock include Suzan Morno-Wade, Jacques-Edouard Gueden, Hernandez Margarita Palau, Naresh Shanker and Carl C Icahn.
View institutional ownership trends.

How do I buy shares of Xerox?

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.

What other stocks do shareholders of Xerox own?

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 10/31 Dividend: 9/30/2024
• Last Earnings: 10/29/2024
• Dividend Payable: 10/31/2024
• Today: 11/20/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 1/23/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Industrial Products
• Industry: Computer peripheral equipment, not elsewhere classified
• Sub-Industry: Office Electronics
• Current Symbol: NYSE:XRX
• CUSIP: 98412110
• CIK: 108772
• Web: www.xerox.com
• Phone: 203-849-5216
• Fax: 203-968-3218
• Employees: 20,100
• Year Founded: 1906

Price Target and Rating

• Average Stock Price Target: $9.50
• High Stock Price Target: $11.00
• Low Stock Price Target: $8.00
• Potential Upside/Downside: +13.4%
• Consensus Rating: Strong Sell
• Rating Score (0-4): 1.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($11.04)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 6.07
• P/E Growth: N/A
• Net Income: $1 million
• Net Margins: -21.31%
• Pretax Margin: -20.40%
• Return on Equity: 6.60%
• Return on Assets: 1.50%

Debt

• Debt-to-Equity Ratio: 2.11
• Current Ratio: 1.26
• Quick Ratio: 0.95

Sales & Book Value

• Annual Sales: $6.89 billion
• Price / Sales: 0.15
• Cash Flow: $4.41 per share
• Price / Cash Flow: 1.90
• Book Value: $10.51 per share
• Price / Book: 0.80

Miscellaneous

• Outstanding Shares: 124,370,000
• Free Float: 124,001,000
• Market Cap: $1.04 billion
• Optionable: Optionable
• Beta: 1.59