Xerox Holdings Corp [XRX] Revenue clocked in at $6.50 billion, down -53.68% YTD: What’s Next?

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Xerox Holdings Corp [NASDAQ: XRX] closed the trading session at $8.49.

The stocks have a year to date performance of -53.68 percent and weekly performance of -18.44 percent. The stock has been moved at -36.12 percent over the last six months. The stock has performed -18.21 percent around the most recent 30 days and changed -21.13 percent over the most recent 3-months.

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If compared to the average trading volume of 1.93M shares, XRX reached to a volume of 14654520 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Xerox Holdings Corp [XRX]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for XRX shares is $10.12 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on XRX stock is a recommendation set at 3.86. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Citigroup have made an estimate for Xerox Holdings Corp shares, keeping their opinion on the stock as Sell, with their previous recommendation back on June 28, 2024. While these analysts kept the previous recommendation, Credit Suisse raised their target price to Underperform. The new note on the price target was released on August 17, 2022, representing the official price target for Xerox Holdings Corp stock. Previously, the target price had yet another raise to $18, while Morgan Stanley analysts kept a Underweight rating on XRX stock. On January 27, 2021, analysts decreased their price target for XRX shares from 23 to 20.

The Average True Range (ATR) for Xerox Holdings Corp is set at 0.53, with the Price to Sales ratio for XRX stock in the period of the last 12 months amounting to 0.16. The Price to Book ratio for the last quarter was 0.45, with the Price to Cash per share for the same quarter was set at 4.22. Price to Free Cash Flow for XRX in the course of the last twelve months was 2.04 with Quick ratio for the last quarter at 1.13.

XRX stock trade performance evaluation

Xerox Holdings Corp [XRX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -18.44. With this latest performance, XRX shares dropped by -18.21% in over the last four-week period, additionally sinking by -36.12% over the last 6 months – not to mention a drop of -30.35% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for XRX stock in for the last two-week period is set at 30.48, with the RSI for the last a single of trading hit 25.54, and the three-weeks RSI is set at 33.91 for Xerox Holdings Corp [XRX]. The present Moving Average for the last 50 days of trading for this stock 10.39, while it was recorded at 9.77 for the last single week of trading, and 13.69 for the last 200 days.

Xerox Holdings Corp [XRX]: An insightful look at the core fundamentals

Xerox Holdings Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.13 and a Current Ratio set at 1.49.

Earnings per share (EPS) analysis for Xerox Holdings Corp [XRX] stock

With the latest financial reports released by the company, Xerox Holdings Corp posted 0.46/share EPS, while the average EPS was predicted by analysts to be reported at 0.35/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.11. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for XRX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Xerox Holdings Corp go to 6.88%.

Xerox Holdings Corp [XRX]: Institutional Ownership

There are presently around $94.13%, or 101.54%% of XRX stock, in the hands of institutional investors.