
Xerox Holdings Co. (NASDAQ:XRX – Free Report) – Zacks Research cut their FY2026 earnings per share (EPS) estimates for Xerox in a report issued on Thursday, August 20th. Zacks Research analyst Team now expects that the information technology services provider will post earnings per share of $0.18 for the year, down from their prior estimate of $0.21. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $0.19 per share. Zacks Research also issued estimates for Xerox’s Q4 2026 earnings at $0.29 EPS, Q2 2027 earnings at $0.20 EPS, Q3 2027 earnings at $0.22 EPS, Q4 2027 earnings at $0.27 EPS, Q1 2028 earnings at $0.17 EPS, Q2 2028 earnings at $0.31 EPS and FY2028 earnings at $1.00 EPS.
Several other equities analysts have also weighed in on XRX. Noble Financial initiated coverage on shares of Xerox in a report on Tuesday. They issued an “outperform” rating and a $5.00 target price on the stock. Needham & Company LLC set a $5.00 price target on shares of Xerox in a report on Tuesday. Citigroup reaffirmed a “neutral” rating and set a $3.45 price target (up from $2.50) on shares of Xerox in a research report on Friday, July 31st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Xerox in a report on Friday, July 24th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $4.48.
Xerox Trading Down 0.4%
Shares of XRX opened at $2.84 on Friday. Xerox has a 12-month low of $1.19 and a 12-month high of $4.27. The firm has a market capitalization of $372.95 million, a P/E ratio of -0.38 and a beta of 2.40. The firm has a 50-day moving average price of $2.98 and a 200 day moving average price of $2.38. The company has a current ratio of 1.18, a quick ratio of 0.85 and a debt-to-equity ratio of 12.58.
Xerox (NASDAQ:XRX – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The information technology services provider reported $0.38 EPS for the quarter, topping the consensus estimate of $0.06 by $0.32. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.90 billion. Xerox had a positive return on equity of 17.61% and a negative net margin of 11.93%.The company’s quarterly revenue was up 22.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.64) EPS.
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the stock. Gabelli Funds LLC increased its stake in Xerox by 4.5% during the 2nd quarter. Gabelli Funds LLC now owns 58,000 shares of the information technology services provider’s stock worth $306,000 after buying an additional 2,500 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Xerox by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,047 shares of the information technology services provider’s stock worth $333,000 after buying an additional 2,838 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its position in Xerox by 1.9% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 164,566 shares of the information technology services provider’s stock valued at $868,000 after buying an additional 3,138 shares during the period. Cetera Investment Advisers grew its stake in shares of Xerox by 33.2% in the second quarter. Cetera Investment Advisers now owns 17,320 shares of the information technology services provider’s stock worth $91,000 after acquiring an additional 4,319 shares in the last quarter. Finally, Private Management Group Inc. grew its stake in shares of Xerox by 0.5% in the third quarter. Private Management Group Inc. now owns 1,051,054 shares of the information technology services provider’s stock worth $3,952,000 after acquiring an additional 4,986 shares in the last quarter. Hedge funds and other institutional investors own 85.36% of the company’s stock.
Xerox Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, September 30th. Xerox’s payout ratio is -1.36%.
About Xerox
Xerox Holdings Corporation (NYSE: XRX) is a global provider of document management technology and services. The company designs and manufactures a broad range of multifunction printers, production printers, digital presses and related consumables. In addition to its hardware offerings, Xerox delivers software and workflow automation solutions, managed print services and cloud-based document platforms that help organizations optimize their information-intensive processes.
Founded in 1906 as The Haloid Photographic Company, Xerox pioneered xerographic imaging in the late 1940s, launching the first plain-paper copier in 1959.
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