Zacks Research Has Negative Estimate for Xerox Q1 Earnings

Xerox Holdings Co. (NYSE:XRX) – Investment analysts at Zacks Research reduced their Q1 2025 earnings estimates for Xerox in a research report issued to clients and investors on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the information technology services provider will post earnings per share of $0.08 for the quarter, down from their prior estimate of $0.17. The consensus estimate for Xerox’s current full-year earnings is $1.18 per share. Zacks Research also issued estimates for Xerox’s FY2025 earnings at $1.10 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $1.31 EPS.

Several other analysts have also recently issued reports on XRX. Morgan Stanley cut their target price on Xerox from $10.00 to $8.00 and set an “underweight” rating for the company in a research report on Wednesday, October 30th. JPMorgan Chase & Co. dropped their price target on Xerox from $11.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. Finally, StockNews.com cut Xerox from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th. Three equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the stock. According to MarketBeat.com, Xerox currently has an average rating of “Reduce” and an average price target of $9.50.

Xerox Trading Down 2.2 %

Xerox stock opened at $7.85 on Friday. The company has a current ratio of 1.11, a quick ratio of 0.84 and a debt-to-equity ratio of 2.61. Xerox has a 12-month low of $7.77 and a 12-month high of $19.48. The firm has a market capitalization of $976.30 million, a price-to-earnings ratio of 8.36 and a beta of 1.59. The firm has a 50 day moving average of $8.70 and a 200 day moving average of $9.41.

Xerox Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be paid a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a dividend yield of 6.37%. Xerox’s payout ratio is -9.31%.

Institutional Trading of Xerox

Institutional investors have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Xerox by 7.1% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 549,551 shares of the information technology services provider’s stock valued at $4,633,000 after acquiring an additional 36,420 shares during the period. Voloridge Investment Management LLC purchased a new position in Xerox during the 4th quarter worth approximately $1,375,000. Wexford Capital LP acquired a new stake in Xerox during the 4th quarter valued at approximately $97,000. Two Sigma Advisers LP boosted its holdings in shares of Xerox by 8.7% in the 4th quarter. Two Sigma Advisers LP now owns 289,750 shares of the information technology services provider’s stock valued at $2,443,000 after acquiring an additional 23,100 shares during the last quarter. Finally, Two Sigma Investments LP increased its stake in shares of Xerox by 1.0% in the fourth quarter. Two Sigma Investments LP now owns 452,329 shares of the information technology services provider’s stock worth $3,813,000 after acquiring an additional 4,552 shares during the period. 85.36% of the stock is currently owned by institutional investors and hedge funds.

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.