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Xerox Holdings Corp (NASDAQ: XRX) closed the day trading at $11.08 down -2.03% from the previous closing price of $11.31. In other words, the price has decreased by -$2.03 from its previous closing price. On the day, 2.19 million shares were traded. XRX stock price reached its highest trading level at $11.355 during the session, while it also had its lowest trading level at $10.89.
Ratios:
For a better understanding of XRX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.84 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 2.66. 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 1.28 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, 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 1377454464 and an Enterprise Value of 4423454720. 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 0.681 whereas that against EBITDA is 11.549.
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 $10.28. The 50-Day Moving Average of the stock is -13.00%, while the 200-Day Moving Average is calculated to be -27.08%.
Shares Statistics:
Over the past 3-months, XRX traded about 1.91M shares per day on average, while over the past 10 days, XRX traded about 2314440 shares per day. A total of 123.14M shares are outstanding, with a floating share count of 115.07M. Insiders hold about 7.35% of the company’s shares, while institutions hold 93.95% stake in the company. Shares short for XRX as of 1721001600 were 15741934 with a Short Ratio of 8.25, compared to 1718323200 on 16135879. Therefore, it implies a Short% of Shares Outstanding of 15741934 and a Short% of Float of 19.73.
Dividends & Splits
XRX’s forward annual dividend rate is 1.00, up from 1.0 a year ago. Against a Trailing Annual Dividend Yield of 0.08841733The stock’s 5-year Average Dividend Yield is 5.38.
