Xerox Holdings Corp (NASDAQ: XRX) is -42.70% lower on its value in year-to-date trading and has touched a low of $5.07 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 $5.13 in the last trading session, with the day’s loss setting it -0.3%.
Currently trading at $4.83, the stock is -16.03% and -33.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.33 million and changing -5.85% at the moment leaves the stock -48.70% off its SMA200. XRX registered -72.79% loss for a year compared to 6-month loss of -53.65%. The firm has a 50-day simple moving average (SMA 50) of $7.2564 and a 200-day simple moving average (SMA200) of $9.4151.
The stock witnessed a -27.15% gain in the last 1 month and extending the period to 3 months gives it a -47.33%, and is -11.86% 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 5.57% over the week and 5.34% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $605.11M and $6.22B in sales. Fwd P/E is 2.96. Profit margin for the company is -21.46%. Distance from 52-week low is -4.73% and -73.43% 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
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 21.68%. Institutions hold 99.46% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 18.49 million shares valued at $214.9 million. The investor’s holdings represent 14.887% of the XRX Shares outstanding. As of 2024-06-30, the second largest holder is PACER ADVISORS, INC. with 12.58 million shares valued at $146.13 million to account for 10.1226 of the shares outstanding. The other top investors are LSV ASSET MANAGEMENT which holds 6.06 million shares representing 4.8814% and valued at over $70.47 million, while MORGAN STANLEY holds 2.0028 of the shares totaling 2.49 million with a market value of $28.91 million.
Xerox Holdings Corp (XRX) Insider Activity
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