Xerox Holdings Corp (NASDAQ:XRX) has a beta value of 1.84 and has seen 4.83 million shares traded in the last trading session. The company, currently valued at $612.60M, closed the last trade at $4.87 per share which meant it lost -$0.22 on the day or -4.32% during that session. The XRX stock price is -152.16% off its 52-week high price of $12.28 and 29.36% above the 52-week low of $3.44. If we look at the company’s 10-day average daily trading volume, we find that it stood at 3.6 million shares traded. The 3-month trading volume is 3.77 million shares.
The consensus among analysts is that Xerox Holdings Corp (XRX) is Buy stock at the moment, with a recommendation rating of 3.67. 2 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 6 have rated it as a Hold, with 2 advising it as a Buy. 1 have rated the stock as Underweight. The expected earnings per share for the stock is 0.07.
Xerox Holdings Corp (NASDAQ:XRX) trade information
Sporting -4.32% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the XRX stock price touched $4.87 or saw a rise of 12.41%. Year-to-date, Xerox Holdings Corp shares have moved -55.03%, while the 5-day performance has seen it change -10.64%. Over the past 30 days, the shares of Xerox Holdings Corp (NASDAQ:XRX) have changed -8.80%. Short interest in the company has seen 20.62 million shares shorted with days to cover at 5.51.
Wall Street analysts have a consensus price target for the stock at $9.5, which means that the shares’ value could jump 48.74% from current levels. The projected low price target is $8.0 while the price target rests at a high of $14.0. In that case, then, we find that the current price level is -187.47% off the targeted high while a plunge would see the stock gain -64.27% from current levels.
Xerox Holdings Corp (XRX) estimates and forecasts
The company’s shares have lost -46.19% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 0.19%.
2 analysts offering their estimates for the company have set an average revenue estimate of 1.55B for the current quarter. 2 have an estimated revenue figure of 1.57B for the next ending quarter. Year-ago sales stood 1.58B and 1.53B respectively for this quarter and the next, and analysts expect sales will shrink by -2.06% for the current quarter and 0.19% for the next.
XRX Dividends
Xerox Holdings Corp is expected to release its next earnings report on 2025-May-01 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.65 at a share yield of 13.35%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 7.22%.
Xerox Holdings Corp (NASDAQ:XRX)’s Major holders
Insiders own 7.73% of the company shares, while shares held by institutions stand at 96.43% with a share float percentage of 104.52%. Investors are also buoyed by the number of investors in a company, with Xerox Holdings Corp having a total of 417.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 18.49 million shares worth more than $214.9 million. As of 2024-06-30, BLACKROCK INC. held 14.887% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 15.64 million shares as of 2024-06-30. The firm’s total holdings are worth over $181.71 million and represent 12.5879% of shares outstanding.
