Xerox Holdings Corp (NASDAQ: XRX) is -43.04% lower on its value in year-to-date trading and has touched a low of $9.51 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 $10.81 in the last trading session, with the day’s loss setting it -0.37%.
Currently trading at $10.44, the stock is -1.53% and -2.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 9.45 million and changing -3.42% at the moment leaves the stock -28.52% off its SMA200. XRX registered -35.64% loss for a year compared to 6-month loss of -38.84%.
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The stock witnessed a -0.10% gain in the last 1 month and extending the period to 3 months gives it a -21.62%, and is 0.10% 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 3.65% over the week and 3.50% over the month.
Xerox Holdings Corp (XRX) has around 20100 employees, a market worth around $1.30B and $6.50B in sales. Fwd P/E is 5.85. Profit margin for the company is -1.82%. Distance from 52-week low is 9.78% and -47.22% from its 52-week high. The company has generated returns on investments over the last 12 months (-2.00%).
with sales reaching $1.64B over the same period.The EPS is expected to shrink by -6.83% this year, but quarterly earnings will post -6.60% year-over-year. Quarterly sales are estimated to shrink -0.90% in year-over-year returns.
Xerox Holdings Corp (XRX) Top Institutional Holders
435.0 institutions hold shares in Xerox Holdings Corp (XRX), with institutional investors hold 100.86% of the company’s shares. The shares outstanding are 123.14M, and float is at 115.19M with Short Float at 13.95%. Institutions hold 93.50% of the Float.
The top institutional shareholder in the company is FRUTH INVESTMENT MANAGEMENT with over 14783.0 shares valued at $0.17 million. The investor’s holdings represent 0.0119% of the XRX Shares outstanding.
Xerox Holdings Corp (XRX) Insider Activity
The most recent transaction is an insider sale by ICAHN CARL C, the company’s 10% 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.
