Xerox (XRX)
(Delayed Data from NSDQ)
$16.18 USD
-0.01 (-0.06%)
Updated Apr 18, 2024 04:00 PM ET
After-Market: $16.19 +0.01 (0.06%) 7:58 PM ET
2-Buy of 5 2
A Value C Growth A Momentum A VGM
Company Summary
Despite experiencing top-line decline over the years on decreased demand for paper-related systems and products, Norwalk, Connecticut-based Xerox remains a leader in the contractual print and document services market.
Post reorganization (that does not involve any change in operations, directors and executive officers) as a wholly-owned subsidiary of a new holding company in 2019, the company is trying to attain greater strategic, operational as well as financial flexibility.
Xerox deploys an aggressive product-development program to revive sales. It has developed one of the industry’s strongest ...
Company Summary
Despite experiencing top-line decline over the years on decreased demand for paper-related systems and products, Norwalk, Connecticut-based Xerox remains a leader in the contractual print and document services market.
Post reorganization (that does not involve any change in operations, directors and executive officers) as a wholly-owned subsidiary of a new holding company in 2019, the company is trying to attain greater strategic, operational as well as financial flexibility.
Xerox deploys an aggressive product-development program to revive sales. It has developed one of the industry’s strongest portfolios of managed print service (MPS) solutions and services.
Xerox’s strategy is to use data-centric technologies to better help customers in their digital transformation journey, taking advantage of the changing market conditions. The company is trying to offer end-to-end management of the entire office print infrastructure. It focuses on market trends, such as cloud, analytics, digital and security, with a view to effectively address customer needs.
The company is using security and digital transformation as key competitive differentiators. A global service delivery model, flexibility and scalability of MPS services and billing options, and close relationships with customers and partners are its key strengths. Programs like Virtual Print and FedRAMP authorization are helping the company broaden its market opportunities.
Xerox’s bottom line is benefiting from "Project Own It," an initiative aimed at increasing productivity and operational efficiency, reducing costs and realigning business to changing market conditions.
An aggressive business strategy of Xerox makes sense as it continues to operate in a highly competitive market. It competes based on technology, price, performance, quality, reliability, distribution, brand and customer service and support. The largest competitors include Hewlett-Packard, Canon, Konica Minolta and Ricoh.
General Information
Xerox Holdings Corporation
P.O. Box 4505 201 Merritt 7
Norwalk, CT 06851
Phone: 203-849-5216
Fax: 203-968-3218
Web: http://www.xerox.com
Email: david.beckel@xerox.com
Industry | Office Supplies |
Sector | Industrial Products |
Fiscal Year End | December |
Last Reported Quarter | 3/31/2024 |
Earnings Date | 4/23/2024 |
EPS Information
Current Quarter EPS Consensus Estimate | 0.38 |
Current Year EPS Consensus Estimate | 2.31 |
Estimated Long-Term EPS Growth Rate | NA |
Earnings Date | 4/23/2024 |
Price and Volume Information
Zacks Rank | |
Yesterday's Close | 16.19 |
52 Week High | 19.78 |
52 Week Low | 12.06 |
Beta | 1.56 |
20 Day Moving Average | 2,035,501.00 |
Target Price Consensus | 16.33 |
4 Week | -6.36 |
12 Week | -1.52 |
YTD | -11.68 |
4 Week | -2.59 |
12 Week | -4.53 |
YTD | -16.11 |
Shares Outstanding (millions) | 124.18 |
Market Capitalization (millions) | 2,010.56 |
Short Ratio | NA |
Last Split Date | 6/15/2017 |
Dividend Yield | 6.18% |
Annual Dividend | $1.00 |
Payout Ratio | 0.55 |
Change in Payout Ratio | -0.06 |
Last Dividend Payout / Amount | 3/27/2024 / $0.25 |
Fundamental Ratios
P/E (F1) | 7.02 |
Trailing 12 Months | 8.90 |
PEG Ratio | NA |
vs. Previous Year | -51.69% |
vs. Previous Quarter | -6.52% |
vs. Previous Year | -9.07% |
vs. Previous Quarter | 6.84% |
Price/Book | 0.78 |
Price/Cash Flow | 3.70 |
Price / Sales | 0.29 |
3/31/24 | NA |
12/31/23 | 9.41 |
9/30/23 | 11.59 |
3/31/24 | NA |
12/31/23 | 2.73 |
9/30/23 | 3.46 |
3/31/24 | NA |
12/31/23 | 1.14 |
9/30/23 | 1.12 |
3/31/24 | NA |
12/31/23 | 0.91 |
9/30/23 | 0.87 |
3/31/24 | NA |
12/31/23 | 4.17 |
9/30/23 | 5.34 |
3/31/24 | NA |
12/31/23 | 0.01 |
9/30/23 | 2.55 |
3/31/24 | NA |
12/31/23 | -0.41 |
9/30/23 | 2.95 |
3/31/24 | NA |
12/31/23 | 20.73 |
9/30/23 | 22.76 |
3/31/24 | NA |
12/31/23 | 6.03 |
9/30/23 | 5.89 |
3/31/24 | NA |
12/31/23 | 1.06 |
9/30/23 | 0.98 |
3/31/24 | NA |
12/31/23 | 49.62 |
9/30/23 | 47.72 |