Brokers Issue Forecasts for Xerox’s Q2 Earnings (NYSE:XRX)

Xerox Holdings Co. (NYSE:XRX) – Zacks Research cut their Q2 2026 earnings estimates for Xerox in a research report issued on Thursday, November 20th. Zacks Research analyst Team now anticipates that the information technology services provider will post earnings of $0.20 per share for the quarter, down from their previous forecast of $0.30. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share.

Xerox (NYSE:XRX) last issued its earnings results on Thursday, October 30th. The information technology services provider reported $0.20 EPS for the quarter, beating analysts’ consensus estimates of ($0.18) by $0.38. Xerox had a negative net margin of 21.24% and a positive return on equity of 7.57%. During the same period in the prior year, the firm posted $0.25 EPS. The business’s revenue was up 28.3% on a year-over-year basis. Xerox has set its FY 2025 guidance at EPS.

Separately, Citigroup lowered their target price on Xerox from $4.50 to $3.50 and set a “neutral” rating for the company in a research note on Monday, November 10th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $3.50.

Xerox Trading Up 12.0%

NYSE:XRX opened at $2.62 on Friday. The business’s 50-day moving average is $3.34 and its two-hundred day moving average is $4.33. The firm has a market capitalization of $335.46 million, a PE ratio of -0.24 and a beta of 1.80. Xerox has a 12 month low of $2.32 and a 12 month high of $9.91. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.11 and a quick ratio of 0.84.

Institutional Trading of Xerox

Several institutional investors have recently added to or reduced their stakes in XRX. PNC Financial Services Group Inc. grew its holdings in Xerox by 110.8% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,539 shares of the information technology services provider’s stock worth $27,000 after acquiring an additional 2,911 shares in the last quarter. Spire Wealth Management bought a new position in shares of Xerox during the second quarter worth about $31,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Xerox in the second quarter worth about $34,000. Plato Investment Management Ltd bought a new stake in Xerox in the second quarter valued at about $44,000. Finally, FORA Capital LLC bought a new stake in Xerox in the first quarter valued at about $49,000. 85.36% of the stock is owned by institutional investors and hedge funds.

Xerox Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 3.8%. Xerox’s dividend payout ratio (DPR) is presently -1.28%.

About Xerox

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.