Xerox Holdings Co. (NYSE:XRX – Free Report) – Stock analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for shares of Xerox in a research note issued on Tuesday, February 18th. Zacks Research analyst R. Department now anticipates that the information technology services provider will post earnings per share of $0.08 for the quarter, down from their prior forecast of $0.17. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for Xerox’s FY2025 earnings at $1.10 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $1.31 EPS.
XRX has been the subject of a number of other research reports. StockNews.com lowered Xerox from a “buy” rating to a “hold” rating in a research note on Wednesday, February 5th. JPMorgan Chase & Co. lowered their price objective on Xerox from $11.00 to $8.00 and set an “underweight” rating for the company in a research report on Wednesday, October 30th. Finally, Morgan Stanley dropped their price objective on Xerox from $10.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. Three investment analysts have rated the stock with a sell rating and two have given a hold rating to the company’s stock. Based on data from MarketBeat, Xerox has a consensus rating of “Reduce” and an average price target of $9.50.
Xerox Trading Up 0.5 %
NYSE:XRX opened at $7.89 on Friday. The firm has a 50-day moving average of $8.68 and a 200-day moving average of $9.39. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.11 and a quick ratio of 0.84. Xerox has a one year low of $7.70 and a one year high of $19.48. The company has a market cap of $981.31 million, a PE ratio of -0.73 and a beta of 1.59.
Xerox Cuts Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a dividend of $0.125 per share. The ex-dividend date is Monday, March 31st. This represents a $0.50 dividend on an annualized basis and a yield of 6.34%. Xerox’s dividend payout ratio is presently -4.66%.
Hedge Funds Weigh In On Xerox
Hedge funds have recently made changes to their positions in the business. Advisors Asset Management Inc. increased its position in shares of Xerox by 9.5% during the third quarter. Advisors Asset Management Inc. now owns 796,609 shares of the information technology services provider’s stock valued at $8,269,000 after buying an additional 69,183 shares during the period. Empowered Funds LLC grew its holdings in shares of Xerox by 8.2% during the 4th quarter. Empowered Funds LLC now owns 606,748 shares of the information technology services provider’s stock worth $5,115,000 after acquiring an additional 46,212 shares during the period. Charles Schwab Investment Management Inc. grew its holdings in shares of Xerox by 6.7% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,719,607 shares of the information technology services provider’s stock worth $17,850,000 after acquiring an additional 107,580 shares during the period. Sound Income Strategies LLC grew its holdings in shares of Xerox by 6.7% during the 4th quarter. Sound Income Strategies LLC now owns 1,102,688 shares of the information technology services provider’s stock worth $9,296,000 after acquiring an additional 69,182 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Xerox by 2.3% during the 3rd quarter. Geode Capital Management LLC now owns 2,808,775 shares of the information technology services provider’s stock worth $29,161,000 after acquiring an additional 62,947 shares during the period. 85.36% of the stock is owned by hedge funds and other institutional investors.
About Xerox
Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally. The company operates through two segments, Print and Other; and FITTLE.
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