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The closing price of Xerox Holdings Corp (NASDAQ: XRX) was $10.95 for the day, down -3.35% from the previous closing price of $11.33. In other words, the price has decreased by -$3.35 from its previous closing price. On the day, 1.65 million shares were traded. XRX stock price reached its highest trading level at $11.275 during the session, while it also had its lowest trading level at $10.91.
Ratios:
Our analysis of XRX’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.59 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.63. For the most recent quarter (mrq), Quick Ratio is recorded 1.13 and its Current Ratio is at 1.49. In the meantime, Its Debt-to-Equity ratio is 1.35 whereas as Long-Term Debt/Eq ratio is at 1.29.
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.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Sep 28 ’23 when ICAHN CARL C sold 34,245,314 shares for $15.84 per share. The transaction valued at 542,445,774 led to the insider holds 0 shares of the business.
Morno-Wade Suzan sold 9,126 shares of XRX for $152,898 on Sep 05 ’23. The EVP & CHRO now owns 46,323 shares after completing the transaction at $16.75 per share.
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 1407392512 and an Enterprise Value of 4586432512. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.21 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 0.706 whereas that against EBITDA is 13.104.
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 $9.51. The 50-Day Moving Average of the stock is -0.90%, while the 200-Day Moving Average is calculated to be -26.14%.
Shares Statistics:
XRX traded an average of 2.03M shares per day over the past three months and 1685770 shares per day over the past ten days. A total of 123.14M shares are outstanding, with a floating share count of 115.13M. Insiders hold about 7.40% of the company’s shares, while institutions hold 92.54% stake in the company. Shares short for XRX as of 1723680000 were 14662312 with a Short Ratio of 7.23, compared to 1721001600 on 15741934. Therefore, it implies a Short% of Shares Outstanding of 14662312 and a Short% of Float of 18.34.
Dividends & Splits
With its trailing 12-month dividend rate of 1.0, XRX has a forward annual dividend rate of 1.00. Against a Trailing Annual Dividend Yield of 0.088261254The stock’s 5-year Average Dividend Yield is 5.58.
