Economy

Price Target Analysis of Xerox Corporation (XRX)

Xerox Corporation (XRX) has an EBITDA margin of 14.49%, compared to an EBITDA margin of 7.17% for CDW Corporation (CDW). Cypress Wealth Advisors LLC now owns 15,035 shares of the information technology services provider's stock valued at $110,000 after acquiring an additional 4,508 shares during the period. The company beat the analyst EPS Estimate with the difference of $-0.25. Next quarter's EPS is expected be $1.01 with next year's EPS projected to be $3.58. Finally, CDW's beta of 1.06 indicates that the stock has an above average level of market risk. Also, the number of funds holding Xerox Corp in their top 10 stock positions was flat from 1 to 1 for the same number.

About 940,281 shares traded. Dimensional Fund Advisors LP lifted its holdings in Xerox Corporation by 25.0% during the 1st quarter. State of Tennessee Treasury Department now owns 340,938 shares of the information technology services provider's stock worth $2,503,000 after buying an additional 76,265 shares during the period. The firm owned 35,934 shares of the information technology services provider's stock after selling 484,059 shares during the period.

Shares of Xerox Corporation (NYSE XRX) opened at 32.44 on Wednesday. The company's distance from 52-week high price is -7.07% and current price is above +52.97% from 52-week low price. The stock has a 50 day moving average price of $32.16 and a 200 day moving average price of $29.58. The market capitalization of the company is at $8.4 Billion.

Xerox Corp (NYSE:XRX) last released its earnings results on Tuesday, April 25th.

The company reported its EPS on 6/29/2017.

Over the past three months, Xerox Corporation insiders have been net sellers, acquiring a net of 205,163 shares. The company had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same period previous year, the business earned $0.22 earnings per share.

Several brokerages have recently issued reports on XRX.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Investors of record on Friday, September 29th will be given a dividend of $0.25 per share. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.04%. Xerox Corporation's dividend payout ratio is 12.08%. Institutional ownership is usually beneficial to a stock price initially, but very high institutional ownership has several shortcomings. Barclays PLC reissued a "sell" rating and set a $27.00 target price on shares of Xerox Corporation in a report on Friday, June 23rd. BidaskClub raised Xerox Corporation from a "hold" rating to a "buy" rating in a research report on Friday, August 18th.

The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.00 for XRX and 1.90 for CDW, which implies that analysts are more bullish on the outlook for XRX. SunTrust initiated the shares of XRX in report on Tuesday, September 13 with "Buy" rating. Finally, Loop Capital reaffirmed a "buy" rating and issued a $38.00 price objective (up from $36.00) on shares of Xerox Corporation in a report on Wednesday, August 2nd. The stock has "Outperform" rating by Credit Suisse on Tuesday, January 3. Xerox Corporation now has an average rating of "Buy" and an average target price of $35.63.

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The industry business groups include commercial healthcare, which serves healthcare payer and pharma, and healthcare provider solutions; commercial industries, which include communications and media, high technology and software, banking and capital markets, insurance, manufacturing, automotive, travel and leisure, food and beverage, transportation and logistics; public sector, which provides services, including services focused on transportation-related entities, as well as its portfolio of business process outsourcing (BPO) solutions to various governmental entities, and government healthcare, which provides administrative and care management solutions to state Medicaid programs and the United States government healthcare programs. The Company has capabilities in imaging and printing, data analytics, and the development of secure and automated solutions to help customers improve productivity. The Company's Services segment includes service offerings, such as BPO and Document Outsourcing (DO).



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