Xerox Holdings Corp (NASDAQ: XRX) is -35.94% 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 $5.54 in the last trading session, with the day’s loss setting it -0.14%.
Currently trading at $5.40, the stock is 8.41% and 9.36% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.99 million and changing -2.53% at the moment leaves the stock -33.86% off its SMA200. XRX registered -61.84% loss for a year compared to 6-month loss of -34.70%.
The stock witnessed a 36.71% gain in the last 1 month and extending the period to 3 months gives it a -33.74%, and is -5.43% 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 5.99% over the week and 6.60% over the month.
Xerox Holdings Corp (XRX) has around 16800 employees, a market worth around $679.26M and $6.18B in sales. Fwd P/E is 3.63. Profit margin for the company is -21.24%. Distance from 52-week low is 56.75% and -63.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.89%).
The EPS is expected to shrink by -22.42% this year.
Xerox Holdings Corp (XRX) Top Institutional Holders
The shares outstanding are 125.78M, and float is at 116.28M with Short Float at 21.37%.
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 DIMENSIONAL FUND ADVISORS LP holds 6.7456 of the shares totaling 8.38 million with a market value of $97.38 million.
Xerox Holdings Corp (XRX) Insider Activity
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