Xerox Holdings Corp (NASDAQ: XRX) is -25.74% lower on its value in year-to-date trading and has touched a low of $6.07 and a high of $18.18 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 $6.36 in the last trading session, with the day’s loss setting it -0.1%.
Currently trading at $6.26, the stock is -13.94% and -23.93% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.66 million and changing -1.57% at the moment leaves the stock -37.68% off its SMA200. XRX registered -62.45% loss for a year compared to 6-month loss of -38.45%.
The stock witnessed a -25.39% gain in the last 1 month and extending the period to 3 months gives it a -28.78%, and is -2.19% down 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 6.01% over the week and 4.86% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $784.26M and $6.22B in sales. Fwd P/E is 3.83. Profit margin for the company is -21.46%. Distance from 52-week low is 3.13% and -65.57% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.43%).
with sales reaching $1.52B over the same period.The EPS is expected to grow by 10.82% this year, but quarterly earnings will post 1.78% year-over-year. Quarterly sales are estimated to grow 1.30% in year-over-year returns.
Xerox Holdings Corp (XRX) Top Institutional Holders
The shares outstanding are 124.44M, and float is at 116.00M with Short Float at 17.46%.
The top institutional shareholder in the company is PACER ADVISORS, INC. with over 12.58 million shares valued at $146.13 million. The investor’s holdings represent 10.1226% of the XRX Shares outstanding. As of 2024-06-30, the second largest holder is LSV ASSET MANAGEMENT with 6.06 million shares valued at $70.47 million to account for 4.8814 of the shares outstanding. The other top investors are PORTMAN SQUARE CAPITAL LLP which holds 1.9 million shares representing 1.5294% and valued at over $22.08 million, while SG CAPITAL MANAGEMENT LLC holds 0.8144 of the shares totaling 1.01 million with a market value of $11.76 million.
Xerox Holdings Corp (XRX) Insider Activity
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