Xerox Holdings Corporation (NYSE:XRX) went up by 4.90% from its latest closing price compared to the recent 1-year high of $39.47. The company’s stock price has collected 5.58% of gains in the last five trading sessions. MarketWatch.com reported 3 hours ago that Xerox Holdings Corp. stock outperforms market on strong trading day
Is It Worth Investing in Xerox Holdings Corporation (NYSE :XRX) Right Now?
Xerox Holdings Corporation (NYSE:XRX) scored a price-to-earnings ratio above its average ratio, recording 13.91 x from its present earnings ratio. Plus, the 36-month beta value for XRX is at 1.82. Opinions of the stock are interesting as 1 analysts out of 8 who provided ratings for Xerox Holdings Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 2 as “sell.”
Even if you’re not actively in crypto, you deserve to know what’s actually going on...
Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.
Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free.
The average price from analysts is $18.40, which is -$4.3 below the current price. XRX currently public float of 187.88M and currently shorts hold a 3.37% ratio of that float. Today, the average trading volume of XRX was 2.76M shares.
XRX’s Market Performance
XRX stocks went up by 5.58% for the week, with a monthly jump of 13.05% and a quarterly performance of 24.79%, while its annual performance rate touched -41.71%. The volatility ratio for the week stands at 4.45% while the volatility levels for the past 30 days are set at 4.20% for Xerox Holdings Corporation. The simple moving average for the period of the last 20 days is 17.06% for XRX stocks with a simple moving average of 12.43% for the last 200 days.
Analysts’ Opinion of XRX
Loop Capital, on the other hand, stated in their research note that they expect to see XRX reach a price target of $18, previously predicting the price at $47. The rating they have provided for XRX stocks is “Hold” according to the report published on April 27th, 2020.
Citigroup gave a rating of “Sell” to XRX, setting the target price at $13 in the report published on April 09th of the current year.
XRX Trading at 18.11% from the 50-Day Moving Average
After a stumble in the market that brought XRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -42.49% of loss for the given period.
Volatility was left at 4.20%, however, over the last 30 days, the volatility rate increased by 4.45%, as shares surge +15.11% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +21.72% upper at present.
During the last 5 trading sessions, XRX rose by +5.58%, which changed the moving average for the period of 200-days by -37.45% in comparison to the 20-day moving average, which settled at $19.54. In addition, Xerox Holdings Corporation saw -38.43% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at XRX starting from ICAHN CARL C, who purchase 243,198 shares at the price of $18.99 back on Nov 06. After this action, ICAHN CARL C now owns 28,769,235 shares of Xerox Holdings Corporation, valued at $4,618,330 using the latest closing price.
ICAHN CARL C, the 10% Owner of Xerox Holdings Corporation, purchase 60,010 shares at $18.93 during a trade that took place back on Nov 05, which means that ICAHN CARL C is holding 28,526,037 shares at $1,135,989 based on the most recent closing price.
Stock Fundamentals for XRX
Current profitability levels for the company are sitting at:
- +12.55 for the present operating margin
- +38.98 for the gross margin
The net margin for Xerox Holdings Corporation stands at +7.15. The total capital return value is set at 10.88, while invested capital returns managed to touch 6.90. Equity return is now at value 16.80, with 6.20 for asset returns.
Based on Xerox Holdings Corporation (XRX), the company’s capital structure generated 79.92 points at debt to equity in total, while total debt to capital is 44.42. Total debt to assets is 30.81, with long-term debt to equity ratio resting at 62.61. Finally, the long-term debt to capital ratio is 33.52.
When we switch over and look at the enterrpise to sales, we see a ratio of 1.14, with the company’s debt to enterprise value settled at 0.45. The receivables turnover for the company is 3.52 and the total asset turnover is 0.61. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.79.