In the last trading session, 2.54 million shares of the Xerox Holdings Corp (NASDAQ:XRX) were traded, and its beta was 1.81. Most recently the company’s share price was $3.85, and it changed around -$0.03 or -0.77% from the last close, which brings the market valuation of the company to $484.26M. XRX currently trades at a discount to its 52-week high of $16.96, offering almost -340.52% off that amount. The share price’s 52-week low was $3.44, which indicates that the current value has risen by an impressive 10.65% since then. We note from Xerox Holdings Corp’s average daily trading volume that its 10-day average is 5.5 million shares, with the 3-month average coming to 4.34 million.
Xerox Holdings Corp stock received a consensus recommendation rating of Hold, based on a mean score of 2.80. If we narrow it down even further, the data shows that 1 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended XRX as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight. Xerox Holdings Corp is expected to report earnings per share of 0.0 for the current quarter.
Xerox Holdings Corp (NASDAQ:XRX) trade information
Instantly XRX has showed a red trend with a performance of -0.77% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.32 on recent trading dayincreased the stock’s daily price by 10.88%. The company’s shares are currently down -54.33% year-to-date, but still up 5.77% over the last five days. On the other hand, Xerox Holdings Corp (NASDAQ:XRX) is -33.28% down in the 30-day period. We can see from the shorts that 22.61 million shares have been sold at a short interest cover period of 3.98 day(s).
The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 51.88% from its current value. Analyst projections state that XRX is forecast to be at a low of $8 and a high of $8.
Xerox Holdings Corp (XRX) estimates and forecasts
The year-over-year growth rate is expected to be 1.00%, up from the previous year.
Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 1.52B in revenue for the current quarter. 2 analysts expect Xerox Holdings Corp to make 1.62B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 1.5B and 1.58B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.30%. Forecasts for the next quarter put sales growth at 2.45%.
Xerox Holdings Corp earnings are expected to increase by 2.32% in 2025, but the outlook is positive 9.97% per year for the next five years.
XRX Dividends
Xerox Holdings Corp’s next quarterly earnings report is expected to be released on 2025-Jan-27. The annual dividend yield of the stock is 22.73 percent and its annual dividend per share was 0.88. It is important to note, however, that the 22.73% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 6.69 per year.
Xerox Holdings Corp (NASDAQ:XRX)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 7.53% of Xerox Holdings Corp shares, and 98.85% of them are in the hands of institutional investors. The stock currently has a share float of 106.90%. Xerox Holdings Corp stock is held by 396.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 14.887% of the shares, which is about 18.49 million shares worth $214.9 million.
PACER ADVISORS, INC., with 10.1226% or 12.58 million shares worth $146.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Pacer Funds Trust-Pacer US Small Cap Cash Cows ETF and iShares Trust-iShares Core S&P Small-Cap ETF were the top two Mutual Funds as of Jan 31, 2025 . The former held 18.29 shares worth $70.43 million, making up 10.25% of all outstanding shares. On the other hand, iShares Trust-iShares Core S&P Small-Cap ETF held roughly 7.15 shares worth around $27.55 million, which represents about 4.01% of the total shares outstanding.
