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.
In the latest session, Xerox Holdings Corp (NASDAQ: XRX) closed at $5.26 down -4.01% from its previous closing price of $5.48. In other words, the price has decreased by -$4.01 from its previous closing price. On the day, 5.7 million shares were traded. XRX stock price reached its highest trading level at $5.47 during the session, while it also had its lowest trading level at $5.19.
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 1.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.41. For the most recent quarter (mrq), Quick Ratio is recorded 0.86 and its Current Ratio is at 1.12. In the meantime, Its Debt-to-Equity ratio is 2.78 whereas as Long-Term Debt/Eq ratio is at 2.29.
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.
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 686540480 and an Enterprise Value of 3950980096. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.11 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 0.635 whereas that against EBITDA is 12.12.
Stock Price History:
The Beta on a monthly basis for XRX is 1.55, which has changed by -0.703662 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, XRX has reached a high of $18.18, while it has fallen to a 52-week low of $5.28. The 50-Day Moving Average of the stock is -30.38%, while the 200-Day Moving Average is calculated to be -45.19%.
Shares Statistics:
For the past three months, XRX has traded an average of 3.66M shares per day and 7130590 over the past ten days. A total of 124.44M shares are outstanding, with a floating share count of 115.81M. Insiders hold about 7.56% of the company’s shares, while institutions hold 98.25% stake in the company. Shares short for XRX as of 1740700800 were 23730753 with a Short Ratio of 6.48, compared to 1738281600 on 19148056. Therefore, it implies a Short% of Shares Outstanding of 23730753 and a Short% of Float of 29.34.
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 0.18248175The stock’s 5-year Average Dividend Yield is 6.48.
Earnings Estimates
The stock of Xerox Holdings Corp (XRX) is currently in the spotlight, with 3.0 analysts actively rating and assessing its market standing.The consensus estimate for the next quarter is $0.31, with high estimates of $0.36 and low estimates of $0.26.
Analysts are recommending an EPS of between $1.1 and $1.0 for the fiscal current year, implying an average EPS of $1.07. EPS for the following year is $1.6, with 4.0 analysts recommending between $2.2 and $1.1.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $1.52B this quarter.It ranges from a high estimate of $1.53B to a low estimate of $1.52B. As of the current estimate, Xerox Holdings Corp’s year-ago sales were $1.5BFor the next quarter, 2 analysts are estimating revenue of $1.62B. There is a high estimate of $1.64B for the next quarter, whereas the lowest estimate is $1.59B.
A total of 3 analysts have provided revenue estimates for XRX’s current fiscal year. The highest revenue estimate was $6.35B, while the lowest revenue estimate was $6.31B, resulting in an average revenue estimate of $6.33B. In the same quarter a year ago, actual revenue was $6.22BBased on 4 analysts’ estimates, the company’s revenue will be $6.7B in the next fiscal year. The high estimate is $8.24B and the low estimate is $6.13B.
