Published: Sat, March 11, 2017
Money | By Oscar Reynolds

What are analysts Suggestions on: Xerox Corporation (NYSE:XRX)


Xerox Corporation (NYSE:XRX) is now showing -27.3% EPS growth this Quarter. The fund owned 190,968 shares of the company's stock at the end of the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank owned 0.08% of Xerox Corporation worth $8,262,000 as of its most recent SEC filing. Candriam Luxembourg S.C.A. increased its stake in shares of Xerox Corporation by 3.5% in the second quarter.

For the Current Quarter, 8 analyst are projecting the mean EPS to be $0.16/share. Lakeview Capital Partners LLC purchased a new position in Xerox Corp during the third quarter worth approximately $107,000. Norway Savings Bank purchased a new position in shares of Xerox Corp during the fourth quarter worth $105,000.

In the last trading session, The Company traded 9.62 Million shares. Finally, Boys Arnold & Co. The Insider Ownership of the company now is 0.3 percent, and Institutional Ownership is 85.2 percent. These analysts have also projected a Low Estimate of $0.14/share and a High Estimate of $0.18/share. 2,459,983 shares of the company's stock traded hands. Xerox Corp has a 52 week low of $6.46 and a 52 week high of $11.39. The 1-year price target of the company is 8.44. The company has a market cap of $7,563 million.

Xerox Corp last reported earnings on January 31, 2017. The company reported $0.25 earnings per share for the quarter, meeting analysts' consensus estimates of $0.25.

These analysts also forecasted Growth Estimates for the Current Quarter for XRX to be -27.3%. Xerox Corp had a net margin of 3.53% and a return on equity of 13.39%. The median estimate represents a +14.25% increase from the last price of 7.44. The EPS for the most recent quarter is 0.25. Stockholders of record on Friday, March 31st will be given a dividend of $0.0625 per share. The ex-dividend date of this dividend is Tuesday, December 13th. Xerox Corp's payout ratio is now 59.62%.

A number of research firms have recently issued reports on XRX. Cross Research began coverage on Xerox Corp in a report on Thursday, January 5th.

Presently Xerox Corporation (NYSE:XRX) stock have an ABR of 2.40. BMO Capital Markets restated a "hold" rating on shares of Xerox Corp in a report on Sunday, January 8th.

Xerox Corporation s chart and data analysis indicates that the stock price has dropped -22.2% in the past 12 Weeks but analyzing the 6 month chart of the stock, the price of the stock has managed to drop negative and it has dropped down to -24.9%.

The technical rating goes from one, the weakest upside technical, to five, the highest upside technical and focuses on the real-time stock price relative to various moving averages as well as moving averages relative to each other. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and eight have assigned a buy rating to the company.

According to Yahoo Finance, the price target for the company which analysts are aiming is 9.5.

Xerox Corporation is engaged in the business of imaging, analytics, automation and user-centric insights.

Armed with a hefty dividend, Xerox Corp (XRX.N) shares look cheap even as they have shot up this year following the company's spin-off of its business processing business, according to an article in Barron's. The Services segment consists of Document Outsourcing (DO) business. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size.

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