Daily Progress: Xerox Holdings Corp (XRX) Drop -5.39, Closing at 8.43

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In the latest session, Xerox Holdings Corp (NASDAQ: XRX) closed at $8.43 down -5.39% from its previous closing price of $8.91. In other words, the price has decreased by -$5.39 from its previous closing price. On the day, 2.03 million shares were traded. XRX stock price reached its highest trading level at $8.88 during the session, while it also had its lowest trading level at $8.405.

Ratios:

For a deeper understanding of Xerox Holdings Corp’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.94. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.26. In the meantime, Its Debt-to-Equity ratio is 2.27 whereas as Long-Term Debt/Eq ratio is at 1.91.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Citigroup on June 28, 2024, initiated with a Sell rating and assigned the stock a target price of $11.

On August 17, 2022, Credit Suisse started tracking the stock assigning a Underperform rating and target price of $14.

Morgan Stanley Downgraded its Equal-Weight to Underweight on February 04, 2021, while the target price for the stock was maintained at $18.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, XRX now has a Market Capitalization of 1048472832 and an Enterprise Value of 4203473664. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.80. Its current Enterprise Value per Revenue stands at 0.66 whereas that against EBITDA is 12.327.

Stock Price History:

Over the past 52 weeks, XRX has reached a high of $19.78, while it has fallen to a 52-week low of $8.02. The 50-Day Moving Average of the stock is -5.31%, while the 200-Day Moving Average is calculated to be -28.10%.

Shares Statistics:

For the past three months, XRX has traded an average of 2.39M shares per day and 3567780 over the past ten days. A total of 124.36M shares are outstanding, with a floating share count of 115.13M. Insiders hold about 7.43% of the company’s shares, while institutions hold 90.35% stake in the company. Shares short for XRX as of 1734048000 were 16310126 with a Short Ratio of 6.82, compared to 1731628800 on 16073456. Therefore, it implies a Short% of Shares Outstanding of 16310126 and a Short% of Float of 20.39.

Dividends & Splits

According to the company, the forward annual dividend rate for XRX is 1.00, from 1.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.11547344The stock’s 5-year Average Dividend Yield is 6.13.

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