Xerox Holdings Corp [NASDAQ: XRX] loss -3.02% on the last trading session, reaching $5.14 price per share at the time.
Xerox Holdings Corp represents 125.78 million in outstanding shares, while the company has a total market value of $646.55 million with the latest information. XRX stock price has been found in the range of $5.1 to $5.355.
If compared to the average trading volume of 3.76M shares, XRX reached a trading volume of 6040457 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $5.50 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 3.25. 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 Price to Book ratio for the last quarter was 0.61, with the Price to Cash per share for the same quarter was set at 2.91. Price to Free Cash Flow for XRX in the course of the last twelve months was 1.45 with Quick ratio for the last quarter at 0.77.
Trading performance analysis for XRX stock
Xerox Holdings Corp [XRX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -10.61. With this latest performance, XRX shares dropped by -3.56% in over the last four-week period, additionally sinking by -38.88% over the last 6 months – not to mention a drop of -39.03% in the past year of trading.
Xerox Holdings Corp [XRX]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Xerox Holdings Corp [XRX] shares currently have an operating margin of 2.64% and a Gross Margin at 29.39%. Xerox Holdings Corp’s Net Margin is presently recorded at -21.24%.
Return on Equity for this stock declined to -14.30%, with Return on Assets sitting at -14.30%.
An analysis of Institutional ownership at Xerox Holdings Corp [XRX]
There are presently around $96.43%, or 104.52% of XRX stock, in the hands of institutional investors. The top three institutional holders of XRX stocks are: BLACKROCK INC. with ownership of 18.49 million shares, which is approximately 14.887%. VANGUARD GROUP INC, holding 15.64 million shares of the stock with an approximate value of $$181.71 million in XRX stocks shares; and VANGUARD GROUP INC, currently with $$146.13 million in XRX stock with ownership which is approximately 10.1226%.
