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Xerox (XRX) Soars: Stock Adds 11.4% in Session

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Xerox Corporation (XRX - Free Report) was a big mover last session, as the company saw its shares rise more than 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 37.8% in the past one-month time frame.

The move came after the company's fourth-quarter 2018 earnings topped analyst expectations. The company also issued an upbeat 2019 view.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Xerox currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%. 

Xerox Corporation Price

Investors interested in the Business - Services industry may consider SPS Commerce, Inc. (SPSC - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
 
Is XRX going up? Or down? Predict to see what others think:Up or Down

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