Xerox Holdings Corp (NASDAQ: XRX) is -47.92% lower on its value in year-to-date trading and has touched a low of $3.44 and a high of $14.81 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 $4.27 in the last trading session, with the day’s gains setting it 0.12%.
Currently trading at $4.39, the stock is 5.48% and -20.33% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.94 million and changing 2.81% at the moment leaves the stock -49.10% off its SMA200. XRX registered -69.47% loss for a year compared to 6-month loss of -56.45%. The firm has a 50-day simple moving average (SMA 50) of $5.5102 and a 200-day simple moving average (SMA200) of $8.6252.
The stock witnessed a -19.15% gain in the last 1 month and extending the period to 3 months gives it a -54.79%, and is 7.86% up 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 4.88% over the week and 8.69% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $552.17M and $6.22B in sales. Fwd P/E is 2.97. Profit margin for the company is -21.46%. Distance from 52-week low is 27.43% and -70.36% 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 shrink by -6.47% this year, but quarterly earnings will post 0.43% year-over-year. Quarterly sales are estimated to grow 0.95% in year-over-year returns.
Xerox Holdings Corp (XRX) Top Institutional Holders
400.0 institutions hold shares in Xerox Holdings Corp (XRX), with institutional investors hold 107.27% of the company’s shares. The shares outstanding are 124.44M, and float is at 116.27M with Short Float at 23.91%. Institutions hold 99.19% 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 VANGUARD GROUP INC with 15.64 million shares valued at $181.71 million to account for 12.5879 of the shares outstanding. The other top investors are PACER ADVISORS, INC. which holds 12.58 million shares representing 10.1226% and valued at over $146.13 million, while LSV ASSET MANAGEMENT holds 4.8814 of the shares totaling 6.06 million with a market value of $70.47 million.
Xerox Holdings Corp (XRX) Insider Activity
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