Zacks Research Brokers Lower Earnings Estimates for Xerox

Xerox Holdings Co. (NYSE:XRX) – Stock analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for Xerox in a note issued to investors on Tuesday, November 19th. Zacks Research analyst R. Department now forecasts that the information technology services provider will post earnings per share of $0.17 for the quarter, down from their previous forecast of $0.25. The consensus estimate for Xerox’s current full-year earnings is $1.38 per share. Zacks Research also issued estimates for Xerox’s Q2 2025 earnings at $0.37 EPS, Q3 2025 earnings at $0.34 EPS, Q1 2026 earnings at $0.24 EPS and Q3 2026 earnings at $0.45 EPS.

A number of other equities analysts have also weighed in on XRX. StockNews.com lowered Xerox from a “buy” rating to a “hold” rating in a research report on Sunday. Morgan Stanley reduced 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. Loop Capital reduced their price objective on Xerox from $14.00 to $11.00 and set a “hold” rating for the company in a research note on Wednesday, August 14th. Finally, JPMorgan Chase & Co. reduced their price objective on Xerox from $11.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. Three research analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. According to MarketBeat.com, Xerox currently has a consensus rating of “Reduce” and a consensus price target of $9.50.

Xerox Trading Down 0.4 %

Shares of XRX stock opened at $8.39 on Thursday. The company has a quick ratio of 0.95, a current ratio of 1.26 and a debt-to-equity ratio of 2.11. Xerox has a fifty-two week low of $8.02 and a fifty-two week high of $19.78. The stock has a market capitalization of $1.04 billion, a P/E ratio of 8.17 and a beta of 1.59. The stock has a 50-day simple moving average of $9.72 and a 200 day simple moving average of $11.22.

Xerox (NYSE:XRX) last released its quarterly earnings results on Tuesday, October 29th. The information technology services provider reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.51 by ($0.26). Xerox had a positive return on equity of 6.60% and a negative net margin of 21.31%. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.63 billion. During the same period in the previous year, the company posted $0.46 EPS. The company’s revenue for the quarter was down 7.5% compared to the same quarter last year.

Xerox Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, January 31st. Shareholders of record on Tuesday, December 31st will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a yield of 11.92%. The ex-dividend date of this dividend is Tuesday, December 31st. Xerox’s dividend payout ratio is currently -9.06%.

Institutional Trading of Xerox

A number of institutional investors and hedge funds have recently modified their holdings of the company. Geode Capital Management LLC boosted its stake in Xerox by 2.3% in the 3rd quarter. Geode Capital Management LLC now owns 2,808,775 shares of the information technology services provider’s stock valued at $29,161,000 after buying an additional 62,947 shares in the last quarter. Barclays PLC boosted its stake in Xerox by 55.5% in the third quarter. Barclays PLC now owns 469,106 shares of the information technology services provider’s stock worth $4,869,000 after purchasing an additional 167,500 shares in the last quarter. Stifel Financial Corp boosted its stake in Xerox by 44.2% in the third quarter. Stifel Financial Corp now owns 152,380 shares of the information technology services provider’s stock worth $1,582,000 after purchasing an additional 46,708 shares in the last quarter. Point72 Asset Management L.P. boosted its stake in Xerox by 39.2% in the third quarter. Point72 Asset Management L.P. now owns 38,312 shares of the information technology services provider’s stock worth $398,000 after purchasing an additional 10,794 shares in the last quarter. Finally, Coastwise Capital Group LLC boosted its stake in Xerox by 13.8% in the third quarter. Coastwise Capital Group LLC now owns 24,075 shares of the information technology services provider’s stock worth $250,000 after purchasing an additional 2,924 shares in the last quarter. 85.36% of the stock is currently owned by institutional investors.

Xerox Company Profile

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.