Xerox Holdings Corp (NASDAQ: XRX) is -10.42% lower on its value in year-to-date trading and has touched a low of $12.06 and a high of $19.78 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The XRX stock was last observed hovering at around $16.44 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $16.42, the stock is -4.29% and -6.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.15 million and changing -0.12% at the moment leaves the stock 1.86% off its SMA200. XRX registered 17.79% gain for a year compared to 6-month gain of 17.12%.
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The stock witnessed a -3.81% loss in the last 1 month and extending the period to 3 months gives it a -1.26%, and is 0.31% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.60% over the week and 2.62% over the month.
Xerox Holdings Corp (XRX) has around 20100 employees, a market worth around $2.04B and $6.89B in sales. Fwd P/E is 6.79. Profit margin for the company is -0.19%. Distance from 52-week low is 36.15% and -16.99% from its 52-week high. The company has generated returns on investments over the last 12 months (-0.23%).
The EPS is expected to grow by 17.62% this year.
Xerox Holdings Corp (XRX) Top Institutional Holders
The shares outstanding are 123.14M, and float is at 113.70M with Short Float at 11.83%.
Xerox Holdings Corp (XRX) Insider Activity
The most recent transaction is an insider sale by ICAHN CARL C,the company’s10% Owner. SEC filings show that ICAHN CARL C sold 34,245,314 shares of the company’s common stock on Sep 28 ’23 at a price of $15.84 per share for a total of $542.45 million. Following the sale, the insider now owns 0.0 shares.
Xerox Holdings Corp disclosed in a document filed with the SEC on Sep 05 ’23 that Morno-Wade Suzan (EVP & CHRO) sold a total of 9,126 shares of the company’s common stock. The trade occurred on Sep 05 ’23 and was made at $16.75 per share for $0.15 million. Following the transaction, the insider now directly holds 46323.0 shares of the XRX stock.
Still, SEC filings show that on Aug 09 ’23, BANDROWCZAK STEVEN JOHN (Chief Executive Officer) disposed off 135,000 shares at an average price of $15.53 for $2.1 million. The insider now directly holds 110,557 shares of Xerox Holdings Corp (XRX).
