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NYSE:XRX

Xerox (XRX) Stock Price, News & Analysis

Xerox logo
$8.39 -0.13 (-1.53%)
(As of 12/20/2024 05:45 PM ET)

About Xerox Stock (NYSE:XRX)

Key Stats

Today's Range
$8.34
$8.70
50-Day Range
$8.17
$11.07
52-Week Range
$8.02
$19.78
Volume
9.07 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

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 117th 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.

  • 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.

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

    Earnings for Xerox are expected to grow by 16.07% in the coming year, from $1.12 to $1.30 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 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • 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 11.43%, 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 EPS estimates, Xerox will have a dividend payout ratio of 76.92% in the coming year. This indicates that Xerox may not be able to sustain their current 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 0.09. 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 0.73 average news sentiment score of Industrial Products companies.
  • News Coverage This Week

    MarketBeat has tracked 26 news articles for Xerox this week, compared to 8 articles on an average week.
  • Search Interest

    Only 12 people have searched for XRX on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

    8 people have added Xerox to their MarketBeat watchlist in the last 30 days. This is an increase of 700% 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

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XRX Stock Analysis - Frequently Asked Questions

Xerox's stock was trading at $18.33 at the beginning of 2024. Since then, XRX shares have decreased by 54.2% and is now trading at $8.39.
View the best growth stocks for 2024 here
.

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

Xerox shares reverse split before market open on 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 others.

Top institutional shareholders 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
.

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 10/31 Dividend
9/30/2024
Last Earnings
10/29/2024
Dividend Payable
10/31/2024
Today
12/21/2024
Ex-Dividend for 1/31 Dividend
12/31/2024
Fiscal Year End
12/31/2024
Dividend Payable
1/31/2025

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
$9.50
High Stock Price Target
$11.00
Low Stock Price Target
$8.00
Potential Upside/Downside
+13.2%
Consensus Rating
Strong Sell
Rating Score (0-4)
1.25
Research Coverage
4 Analysts

Profitability

Net Income
$1 million
Pretax Margin
-20.40%

Debt

Sales & Book Value

Annual Sales
$6.37 billion
Cash Flow
$4.17 per share
Book Value
$20.73 per share

Miscellaneous

Free Float
124,001,000
Market Cap
$1.04 billion
Optionable
Optionable
Beta
1.59

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This page (NYSE:XRX) was last updated on 12/21/2024 by MarketBeat.com Staff
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