Xerox Holdings Corp (NASDAQ: XRX) is -51.13% lower on its value in year-to-date trading and has touched a low of $3.75 and a high of $17.75 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 $4.00 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $4.12, the stock is -22.10% and -38.91% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 7.71 million and changing 3.00% at the moment leaves the stock -55.12% off its SMA200. XRX registered -76.47% loss for a year compared to 6-month loss of -60.00%. The firm has a 50-day simple moving average (SMA 50) of $6.7444 and a 200-day simple moving average (SMA200) of $9.18015.
The stock witnessed a -35.22% gain in the last 1 month and extending the period to 3 months gives it a -50.18%, and is -14.70% 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 8.84% over the week and 5.99% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $516.16M and $6.22B in sales. Fwd P/E is 2.52. Profit margin for the company is -21.46%. Distance from 52-week low is 9.87% and -76.79% 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
397.0 institutions hold shares in Xerox Holdings Corp (XRX), with institutional investors hold 107.31% 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 STATE STREET CORP holds 4.1365 of the shares totaling 5.14 million with a market value of $60.99 million.
Xerox Holdings Corp (XRX) Insider Activity
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