Back to top

Analyst Blog

This page is temporarily not available.  Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext.  9339.

Xerox Corp. (XRX - Analyst Report) recently announced that its Xerox DocuMate 4790 has been selected by Compuchannel – a leading online publication in Latin America – for a Channel Award in the best professional scanner category. The Xerox DocuMate 4790 scanner is priced at $5,995 and is available through major retailers and online channel partners.

More than 1,500 products of different brands were nominated for various computer hardware categories and were evaluated on scanning speed, scan methodologies, duplex capability, optical resolution, maximum paper size, document type and warranty. Amid the challenging environment and competition, the award is recognition of the technology and services provided by the company.

Xerox DocuMate 4790 scanner makes the distribution in the office environment a lot easier as it scans up to 90 pages in a minute and also has the VisioneerOneTouch scanning technology, which further reduces the complexities of scan jobs and workflows. The fast document scanners handle mixed paper in sizes and reduce document loss and misfiling. Xerox scanners are in high demand and have registered robust year-over-year growth of 300% in 2012.

Xerox is expected to release its fourth-quarter 2012 results on January 24, 2013. The Zacks Consensus Estimate for the company’s fourth quarter is currently pegged at 28 cents per share. Earlier, in the last reported quarter, Xerox reported adjusted earnings (excluding special items) of 25 cents per share, in line with the Zacks Consensus Estimate.

Headquartered in Norwalk, Connecticut, Xerox is a leader in the development, manufacture, marketing, servicing and financing of document equipment across the world.

Xerox currently has a Zacks Rank #4 (Sell) and a long-term Neutral recommendation. One of its competitors,Canon Inc (CAJ - Snapshot Report) carries a Zacks Rank #3 (Hold).
 

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

Learn more

Start for as little as $4.50 per trade.

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
BITAUTO HOLD BITA 35.33 +14.82%
ANI PHARMACE ANIP 24.79 +14.66%
E-HOUSE CHIN EJ 10.99 +9.24%
CANADIAN SOL CSIQ 26.97 +7.15%
INTL CONS AI ICAGY 33.30 +5.38%