Zacks Research Has Bearish Estimate for Xerox Q1 Earnings

Xerox Holdings Co. (NYSE:XRX) – Zacks Research dropped their Q1 2026 EPS estimates for shares of Xerox in a report released on Thursday, March 6th. Zacks Research analyst R. Department now forecasts that the information technology services provider will post earnings per share of $0.13 for the quarter, down from their previous forecast of $0.15. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for Xerox’s Q2 2026 earnings at $0.22 EPS, Q3 2026 earnings at $0.29 EPS, Q4 2026 earnings at $0.53 EPS, FY2026 earnings at $1.17 EPS and FY2027 earnings at $1.24 EPS.

Separately, StockNews.com cut shares of Xerox from a “buy” rating to a “hold” rating in a research report on Wednesday, February 5th. Three investment analysts have rated the stock with a sell rating and two have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average target price of $9.50.

Xerox Stock Performance

Shares of XRX stock opened at $6.22 on Friday. The stock has a market capitalization of $779.25 million, a PE ratio of -0.58 and a beta of 1.59. The firm has a 50 day moving average of $8.36 and a two-hundred day moving average of $9.22. Xerox has a 52 week low of $6.07 and a 52 week high of $18.18. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 2.61.

Xerox Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be paid a dividend of $0.125 per share. The ex-dividend date of this dividend is Monday, March 31st. This represents a $0.50 annualized dividend and a yield of 8.04%. Xerox’s dividend payout ratio is currently -4.66%.

Institutional Investors Weigh In On Xerox

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Advisors Asset Management Inc. raised its stake in Xerox by 9.5% during the 3rd quarter. Advisors Asset Management Inc. now owns 796,609 shares of the information technology services provider’s stock worth $8,269,000 after acquiring an additional 69,183 shares in the last quarter. Empowered Funds LLC boosted its holdings in Xerox by 8.2% during the fourth quarter. Empowered Funds LLC now owns 606,748 shares of the information technology services provider’s stock worth $5,115,000 after buying an additional 46,212 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Xerox by 6.7% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,719,607 shares of the information technology services provider’s stock valued at $17,850,000 after purchasing an additional 107,580 shares in the last quarter. Sound Income Strategies LLC lifted its holdings in shares of Xerox by 6.7% in the fourth quarter. Sound Income Strategies LLC now owns 1,102,688 shares of the information technology services provider’s stock valued at $9,296,000 after purchasing an additional 69,182 shares in the last quarter. Finally, Geode Capital Management LLC lifted its holdings in shares of Xerox by 2.3% in the third quarter. Geode Capital Management LLC now owns 2,808,775 shares of the information technology services provider’s stock valued at $29,161,000 after purchasing an additional 62,947 shares in the last quarter. 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.