Xerox Holdings Co. (NYSE:XRX – Free Report) – Equities researchers at Zacks Research dropped their Q1 2025 EPS estimates for Xerox in a research note issued on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the information technology services provider will earn $0.17 per share for the quarter, down from their previous estimate of $0.25. The consensus estimate for Xerox’s current full-year earnings is $1.38 per share. Zacks Research also issued estimates for Xerox’s Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.34 EPS, Q1 2026 earnings at $0.24 EPS and Q3 2026 earnings at $0.45 EPS.
A number of other research firms have also recently commented on XRX. JPMorgan Chase & Co. dropped their price target on shares of Xerox from $11.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. StockNews.com lowered shares of Xerox from a “buy” rating to a “hold” rating in a research note on Sunday. Loop Capital dropped their target price on shares of Xerox from $14.00 to $11.00 and set a “hold” rating on the stock in a research report on Wednesday, August 14th. Finally, Morgan Stanley dropped their price objective on shares of Xerox from $10.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $9.50.
Xerox Stock Performance
Shares of NYSE:XRX opened at $8.39 on Thursday. Xerox has a 52 week low of $8.02 and a 52 week high of $19.78. The stock has a market capitalization of $1.04 billion, a P/E ratio of 8.17 and a beta of 1.59. The firm has a fifty day simple moving average of $9.72 and a two-hundred day simple moving average of $11.22. The company has a quick ratio of 0.95, a current ratio of 1.26 and a debt-to-equity ratio of 2.11.
Xerox (NYSE:XRX – Get Free Report) last announced its earnings results on Tuesday, October 29th. The information technology services provider reported $0.25 EPS for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.26). The business had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Xerox had a negative net margin of 21.31% and a positive return on equity of 6.60%. The firm’s quarterly revenue was down 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.46 earnings per share.
Hedge Funds Weigh In On Xerox
A number of hedge funds have recently modified their holdings of the business. SG Capital Management LLC acquired a new position in Xerox in the 1st quarter valued at about $8,466,000. AQR Capital Management LLC grew its holdings in shares of Xerox by 75.2% during the 2nd quarter. AQR Capital Management LLC now owns 179,118 shares of the information technology services provider’s stock worth $2,081,000 after purchasing an additional 76,886 shares during the period. Sound Income Strategies LLC grew its holdings in shares of Xerox by 27.9% during the 3rd quarter. Sound Income Strategies LLC now owns 1,033,506 shares of the information technology services provider’s stock worth $10,728,000 after purchasing an additional 225,617 shares during the period. Allspring Global Investments Holdings LLC boosted its holdings in Xerox by 1,960.4% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 163,163 shares of the information technology services provider’s stock worth $1,694,000 after acquiring an additional 155,244 shares during the period. Finally, Edgestream Partners L.P. boosted its holdings in Xerox by 51.5% in the 2nd quarter. Edgestream Partners L.P. now owns 381,508 shares of the information technology services provider’s stock worth $4,433,000 after acquiring an additional 129,616 shares during the period. 85.36% of the stock is currently owned by hedge funds and other institutional investors.
Xerox Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.00 dividend on an annualized basis and a yield of 11.92%. Xerox’s payout ratio is currently -9.06%.
Xerox Company Profile
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.
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