Xerox Holdings Corp (NASDAQ: XRX) is -31.55% lower on its value in year-to-date trading and has touched a low of $5.74 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 $5.79 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $5.77, the stock is -14.51% and -27.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.29 million and changing -0.35% at the moment leaves the stock -41.39% off its SMA200. XRX registered -65.76% loss for a year compared to 6-month loss of -42.87%. The firm has a 50-day simple moving average (SMA 50) of $7.9218 and a 200-day simple moving average (SMA200) of $9.84475.
The stock witnessed a -28.05% gain in the last 1 month and extending the period to 3 months gives it a -34.88%, and is -7.83% 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 4.52% over the week and 4.92% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $722.87M and $6.22B in sales. Fwd P/E is 3.53. Profit margin for the company is -21.46%. Distance from 52-week low is 0.61% and -68.26% 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
396.0 institutions hold shares in Xerox Holdings Corp (XRX), with institutional investors hold 107.33% of the company’s shares. The shares outstanding are 124.44M, and float is at 116.06M with Short Float at 20.45%. Institutions hold 99.51% of the Float.
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 MORGAN STANLEY which holds 2.49 million shares representing 2.0028% and valued at over $28.91 million, while PORTMAN SQUARE CAPITAL LLP holds 1.5294 of the shares totaling 1.9 million with a market value of $22.08 million.
Xerox Holdings Corp (XRX) Insider Activity
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