Zacks Research Issues Negative Estimate for Xerox Earnings

Xerox Holdings Co. (NYSE:XRX) – Zacks Research reduced 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 prior 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.

Other research analysts also recently issued reports about the company. Morgan Stanley reduced their price objective on Xerox from $10.00 to $8.00 and set an “underweight” rating on the stock in a report on Wednesday, October 30th. Loop Capital decreased their price objective on shares of Xerox from $14.00 to $11.00 and set a “hold” rating for the company in a research note on Wednesday, August 14th. StockNews.com cut Xerox from a “buy” rating to a “hold” rating in a research report on Sunday, November 17th. Finally, JPMorgan Chase & Co. decreased their target price on Xerox from $11.00 to $8.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 30th. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $9.50.

Xerox Stock Up 4.3 %

NYSE:XRX opened at $8.75 on Thursday. Xerox has a twelve month low of $8.02 and a twelve month high of $19.78. The stock has a fifty day simple moving average of $9.69 and a 200-day simple moving average of $11.20. The company has a market cap of $1.09 billion, a price-to-earnings ratio of -0.79 and a beta of 1.59. The company has a current ratio of 1.26, a quick ratio of 0.95 and a debt-to-equity ratio of 2.11.

Xerox (NYSE:XRX) last issued its quarterly earnings data on Tuesday, October 29th. The information technology services provider reported $0.25 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.51 by ($0.26). The company had revenue of $1.53 billion for the quarter, compared to analysts’ expectations of $1.63 billion. Xerox had a negative net margin of 21.31% and a positive return on equity of 6.60%. The company’s revenue for the quarter was down 7.5% on a year-over-year basis. During the same quarter last year, the company earned $0.46 earnings per share.

Institutional Investors Weigh In On Xerox

A number of institutional investors have recently made changes to their positions in the stock. CWM LLC increased its position in shares of Xerox by 155.5% in the 2nd quarter. CWM LLC now owns 2,264 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 1,378 shares during the last quarter. Gladius Capital Management LP acquired a new position in shares of Xerox during the third quarter worth about $29,000. EntryPoint Capital LLC purchased a new stake in shares of Xerox in the first quarter valued at approximately $45,000. US Bancorp DE boosted its holdings in Xerox by 42.3% during the third quarter. US Bancorp DE now owns 6,353 shares of the information technology services provider’s stock worth $66,000 after buying an additional 1,888 shares in the last quarter. Finally, nVerses Capital LLC purchased a new stake in Xerox during the second quarter worth $78,000. 85.36% of the stock is currently owned by institutional investors and hedge funds.

Xerox Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 31st. Investors of record on Tuesday, December 31st will be given a $0.25 dividend. The ex-dividend date of this dividend is Tuesday, December 31st. This represents a $1.00 annualized dividend and a yield of 11.43%. Xerox’s payout ratio is -9.06%.

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.