- Previous Close
10.32 - Open
10.24 - Bid 10.30 x 100
- Ask 10.33 x 500
- Day's Range
10.11 - 10.32 - 52 Week Range
9.51 - 19.78 - Volume
960,407 - Avg. Volume
2,154,530 - Market Cap (intraday)
1.281B - Beta (5Y Monthly) 1.59
- PE Ratio (TTM)
-- - EPS (TTM)
-0.94 - Earnings Date Oct 22, 2024 - Oct 28, 2024
- Forward Dividend & Yield 1.00 (9.69%)
- Ex-Dividend Date Sep 30, 2024
- 1y Target Est
10.50
Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally. The company operates through two segments, Print and Other; and FITTLE. The Print and Other segment designs, develops, and sells document systems, solutions, and services; and IT and software products and services. The FITTLE segment offers financing solutions for direct channel customer purchases; and lease financing to end-users. It also offers workplace solutions comprising desktop monochrome, color, and multifunction printers, and ConnectKey software; digital printing presses and light production devices; and digital services that support workflow automation, personalization and communication software, content management solutions, and digitization services. In addition, the company provides graphic communications, in-plant, and production solutions; FreeFlow, a software solutions for the automation and integration of processing of print job comprising file preparation, final production, and electronic publishing; and IT services, end user computing devices, network infrastructure, and communications technology, as well as technology product support, professional engineering, and commercial robotic process automation. Further, it sells paper products and standalone software, such as CareAR, DocuShare, and XMPie; and invests in startups. The company sells its products through its direct sales force, distributors, independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. The company was formerly known as Xerox Corporation and changed its name to Xerox Holdings Corporation in August 2019. Xerox Holdings Corporation was founded in 1903 and is headquartered in Norwalk, Connecticut.
www.xerox.com18,100
Full Time Employees
December 31
Fiscal Year Ends
Sector
Information Technology Services
Industry
Recent News: XRX
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Trailing total returns as of 10/3/2024, which may include dividends or other distributions. Benchmark is
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Statistics: XRX
View MoreValuation Measures
Market Cap
1.28B
Enterprise Value
4.31B
Trailing P/E
--
Forward P/E
5.89
PEG Ratio (5yr expected)
0.20
Price/Sales (ttm)
0.21
Price/Book (mrq)
0.54
Enterprise Value/Revenue
0.66
Enterprise Value/EBITDA
22.35
Financial Highlights
Profitability and Income Statement
Profit Margin
-1.59%
Return on Assets (ttm)
0.87%
Return on Equity (ttm)
-3.32%
Revenue (ttm)
6.5B
Net Income Avi to Common (ttm)
-118M
Diluted EPS (ttm)
-0.94
Balance Sheet and Cash Flow
Total Cash (mrq)
485M
Total Debt/Equity (mrq)
134.49%
Levered Free Cash Flow (ttm)
505M
Research Analysis: XRX
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COMPANY DESCRIPTION Xerox builds and integrates software and hardware solutions for customers. The company had traditionally provided printers and copiers for the workplace, but now has investments in artificial intelligence (AI), augmented reality-driven services, robotic process automation, sensors and services for the internet of things, 3D printing, and clean technologies. Based in Norwalk, Connecticut, Xerox operates in 160 countries and employs about 20,000 people. The shares are a component of the S&P 400 Mid Cap Index.
RatingPrice TargetU.S. stocks are up, at midday. The mood feels optimistic with some caution
U.S. stocks are up, at midday. The mood feels optimistic with some caution sprinkled in as Wall Street hasn't forgotten the drubbing two days ago. Today's start was helped again by Japan's Nikkei, which rose 1% overnight after the dramatic fall a few nights ago. A Bank of Japan official commented that the central bank wouldn't raise rates further given the market volatility. Earnings reports continue to drive movement in individual U.S. stocks.
Xerox: Dropping Coverage
Xerox is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.
RatingPrice TargetArgus Quick Note: Weekly Stock List for 07/01/2024: Shooting Stars and Falling Angels in 2Q24
The second quarter of 2024 was rewarding for equity investors, as the S&P 500 increased another 4% and has gained almost 15% year to date. Growth was the segment leader in 2Q, as the S&P 500 Growth Index advanced approximately 8% in the period while the S&P 500 Value Index declined slightly. Leading sectors included Information Technology and Communication Services, while sectors in the red for the past three months included Real Estate, Materials, Industrials, Financial, and Energy. The average stock in the Argus Universe of Coverage declined 2.4% during the quarter, while the median stock dropped 3.0%. The average BUY-rated stock declined 0.7%, while the average HOLD-rated stock gained 6.7%. Will the rally broaden in 2H24, or will investors keep focusing on Tech and Communications groups? Will small-caps pick up their pace (the Russell 2000 was up 1.8% in 1H24), or is the current bull market rally due for a break, with some profit-taking coming into play? Given declining interest rates, we expect growth stocks to continue to carry the bull market, while the risk of recession puts a premium on clean balance sheets, which are also more prevalent among large-caps. Investors seeking value are encouraged to focus on dividends and look for yields in the 3-4% range. Here are the top 10 performers from the Argus Universe last quarter, including, somewhat surprisingly, representatives of five of the 11 major sectors, as well as the five worst performers.