Analysts Weigh in on Xerox Corp (NYSE:XRX)

Media headlines about Xerox Corp (NYSE:XRX) have been trending somewhat positive recently, according to Alpha One Sentiment Analysis. The company has institutional ownership of 85.30%. During the last month, the stock has changed 112.52% and performed 42.46% over the last 6 months. Manning & Napier Advisors LLC raised its stake in Xerox Corp by 0.3% in the third quarter. The information technology services provider reported $0.15 EPS for the quarter, missing the Zacks' consensus estimate of $0.16 by $0.01. The stock appeared -6.81% below its 52-week highs and is up 0.56% for the last five trades.

Investors who are keeping close eye on Cypress Semiconductor Corporation (CY) stock; watched recent volatility movements, they can see that shares have been recorded at 2.52% for the week, and 2.84% for the last month. Kentucky Retirement Systems Insurance Trust Fund purchased a new stake in Xerox Corp during the fourth quarter worth about $241,000. Teachers Advisors LLC increased its stake in Xerox Corp by 17.9% in the fourth quarter. Wall Street analysts covering the stock are projecting that the stock will reach $8.38 within the next 52-weeks.

The stock subtracted in the prior trading session by -0.14%, closing at the stock price of $7.14. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. The stock closing price is now trading downward to its 50 day moving average with change of -0.08%, escalated to its 20 day moving average with figure of 1.35% and above its 200 day moving average with value 7.58%. Xerox Corp has a 12 month low of $6.21 and a 12 month high of $7.69. Comparatively, Xerox Corporation posted earnings of $0.28 per share in the same quarter a year ago. Xerox Corp had a return on equity of 13.39% and a net margin of 3.53%. During the same period in the previous year, the firm earned $0.22 EPS. The Firm is engaged in the business of contract drilling for companies primarily involved in mining and mineral exploration. Equities analysts anticipate that Xerox Corp will post $0.83 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Friday, April 28th. Its price to sales ratio of 0.69 ranks lower than the industry's 3,079.58. The ex-dividend date of this dividend was Wednesday, March 29th. Xerox Corp's dividend payout ratio (DPR) is now 59.62%.

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It improved, as 52 investors sold XRX shares while 153 reduced holdings. Credit Suisse Group AG reiterated a buy rating and issued a $8.00 price target on shares of Xerox Corp in a research note on Friday, March 31st. Over the a year ago Company's shares have been trading in the range of $5.68 and $7.62. Xerox Corp presently has a consensus rating of Buy and a consensus target price of $9.16. TheStreet upgraded shares of Xerox Corp from a c+ rating to a b rating in a research report on Tuesday, January 24th. This is built on a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.

A look at some of the inputs to technical analysis model shows how Xerox Corporation current price compares to its recent moving averages. Trend analysis is based on historical data about the stock's performance given the overall trends of the market and particular indicators within the market. Its total outstanding shares are 1020.91. The stock has relative volume of 0.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

  • Zachary Reyes