Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
The price of Xerox Holdings Corp (NASDAQ: XRX) closed at $14.00 in the last session, down -1.27% from day before closing price of $14.18. In other words, the price has decreased by -$1.27 from its previous closing price. On the day, 2.67 million shares were traded. XRX stock price reached its highest trading level at $14.3995 during the session, while it also had its lowest trading level at $13.97.
Ratios:
We take a closer look at XRX’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.54 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 3.55. For the most recent quarter (mrq), Quick Ratio is recorded 1.07 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 1.39 whereas as Long-Term Debt/Eq ratio is at 1.23.
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, Credit Suisse on August 17, 2022, initiated with a Underperform rating and assigned the stock a target price of $14.
On February 04, 2021, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight but kept the price unchanged to $18.
Credit Suisse Downgraded its Outperform to Neutral on January 27, 2021, whereas the target price for the stock was revised from $23 to $20.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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. On Aug 09 ’23, another insider, BANDROWCZAK STEVEN JOHN, who serves as the Chief Executive Officer of the company, sold 135,000 shares for $15.53 each. As a result, the insider received 2,096,550 and left with 110,557 shares of the company.
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 1738589952 and an Enterprise Value of 4884590080. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.26 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 0.732 whereas that against EBITDA is 12.461.
Stock Price History:
The Beta on a monthly basis for XRX is 1.61, which has changed by -0.09031838 over the last 52 weeks, in comparison to a change of 0.22363698 over the same period for the S&P500. Over the past 52 weeks, XRX has reached a high of $19.78, while it has fallen to a 52-week low of $12.06. The 50-Day Moving Average of the stock is -19.25%, while the 200-Day Moving Average is calculated to be -13.11%.
Shares Statistics:
According to the various share statistics, XRX traded on average about 2.41M shares per day over the past 3-months and 3165110 shares per day over the past 10 days. A total of 123.14M shares are outstanding, with a floating share count of 113.70M. Insiders hold about 8.44% of the company’s shares, while institutions hold 87.26% stake in the company. Shares short for XRX as of 1713139200 were 14787156 with a Short Ratio of 6.13, compared to 1710460800 on 12120144. Therefore, it implies a Short% of Shares Outstanding of 14787156 and a Short% of Float of 18.530001.
Dividends & Splits
The forward annual dividend rate for XRX is 1.00, which was 1.0 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.07052186The stock’s 5-year Average Dividend Yield is 5.15.
Earnings Estimates
A comprehensive evaluation of Xerox Holdings Corp (XRX) is underway, with the input of 3.0 analysts contributing to its current rating.On average, analysts expect EPS of $0.42 for the current quarter, with a high estimate of $0.46 and a low estimate of $0.34, while EPS last year was $0.44. The consensus estimate for the next quarter is $0.59, with high estimates of $0.63 and low estimates of $0.54.
Analysts are recommending an EPS of between $2.15 and $1.94 for the fiscal current year, implying an average EPS of $2.03. EPS for the following year is $2.26, with 3.0 analysts recommending between $2.4 and $2.09.
Revenue Estimates
According to 2 analysts, the current quarter’s revenue is expected to be $1.64B. It ranges from a high estimate of $1.64B to a low estimate of $1.63B. As of the current estimate, Xerox Holdings Corp’s year-ago sales were $1.75BFor the next quarter, 2 analysts are estimating revenue of $1.61B. There is a high estimate of $1.63B for the next quarter, whereas the lowest estimate is $1.6B.
A total of 4 analysts have provided revenue estimates for XRX’s current fiscal year. The highest revenue estimate was $6.57B, while the lowest revenue estimate was $6.37B, resulting in an average revenue estimate of $6.5B. In the same quarter a year ago, actual revenue was $6.89BBased on 3 analysts’ estimates, the company’s revenue will be $6.38B in the next fiscal year. The high estimate is $6.45B and the low estimate is $6.28B.
