Xerox Holdings Corp (NASDAQ: XRX) is -34.99% lower on its value in year-to-date trading and has touched a low of $5.47 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 $5.51 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $5.48, the stock is -11.24% and -28.19% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.73 million and changing -0.54% at the moment leaves the stock -43.15% off its SMA200. XRX registered -68.31% loss for a year compared to 6-month loss of -49.31%. The firm has a 50-day simple moving average (SMA 50) of $7.6314 and a 200-day simple moving average (SMA200) of $9.6401.
The stock witnessed a -30.54% gain in the last 1 month and extending the period to 3 months gives it a -34.45%, and is -5.03% 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 4.99% over the week and 5.35% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $686.54M and $6.22B in sales. Fwd P/E is 3.36. Profit margin for the company is -21.46%. Distance from 52-week low is 0.09% and -69.86% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.43%).
The EPS is expected to grow by 10.82% this year.
Xerox Holdings Corp (XRX) Top Institutional Holders
398.0 institutions hold shares in Xerox Holdings Corp (XRX), with institutional investors hold 107.35% of the company’s shares. The shares outstanding are 124.44M, and float is at 115.81M with Short Float at 20.49%. Institutions hold 99.46% 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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