Xerox Holdings Corporation (NASDAQ:XRX) went up by 1.31% from its latest closing price compared to the recent 1-year high of $26.96. The company’s stock price has collected 1.23% of gains in the last five trading sessions. The Wall Street Journal reported on 12/16/21 that Xerox Announces Multiyear Cloud Deal With Oracle
Is It Worth Investing in Xerox Holdings Corporation (NASDAQ :XRX) Right Now?
Xerox Holdings Corporation (NASDAQ:XRX) scored a price-to-earnings ratio above its average ratio, recording 16.14 x from its present earnings ratio. Plus, the 36-month beta value for XRX is at 1.73. Opinions of the stock are interesting as 0 analysts out of 8 who provided ratings for Xerox Holdings Corporation declared the stock was a “buy,” while 0 rated the stock as “overweight,” 3 rated it as “hold,” and 4 as “sell.”
The average price from analysts is $17.60, which is -$6.33 below the current price. XRX currently public float of 168.40M and currently shorts hold a 6.12% ratio of that float. Today, the average trading volume of XRX was 2.67M shares.
XRX’s Market Performance
XRX stocks went up by 1.23% for the week, with a monthly jump of 16.39% and a quarterly performance of 17.30%, while its annual performance rate touched 3.86%. The volatility ratio for the week stands at 1.54% while the volatility levels for the past 30 days are set at 2.32% for Xerox Holdings Corporation. The simple moving average for the period of the last 20 days is 6.21% for XRX stocks with a simple moving average of 6.61% for the last 200 days.
Analysts’ Opinion of XRX
Many brokerage firms have already submitted their reports for XRX stocks, with Morgan Stanley repeating the rating for XRX by listing it as a “Underweight.” The predicted price for XRX in the upcoming period, according to Morgan Stanley is $18 based on the research report published on February 04th of the previous year 2021.
Credit Suisse, on the other hand, stated in their research note that they expect to see XRX reach a price target of $20, previously predicting the price at $23. The rating they have provided for XRX stocks is “Neutral” according to the report published on January 27th, 2021.
Cross Research gave a rating of “Sell” to XRX, setting the target price at $17 in the report published on January 19th of the previous year.
XRX Trading at 14.35% 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 -11.24% of loss for the given period.
Volatility was left at 2.32%, however, over the last 30 days, the volatility rate increased by 1.54%, as shares surge +15.60% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.64% upper at present.
During the last 5 trading sessions, XRX rose by +1.23%, which changed the moving average for the period of 200-days by -1.40% in comparison to the 20-day moving average, which settled at $22.69. In addition, Xerox Holdings Corporation saw 5.70% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at XRX starting from Palau Hernandez Margarita, who purchase 5,500 shares at the price of $18.72 back on Nov 01. After this action, Palau Hernandez Margarita now owns 5,500 shares of Xerox Holdings Corporation, valued at $102,960 using the latest closing price.
ICAHN CARL C, the 10% Owner of Xerox Holdings Corporation, purchase 547,500 shares at $17.83 during a trade that took place back on Oct 29, which means that ICAHN CARL C is holding 32,114,891 shares at $9,761,925 based on the most recent closing price.
Stock Fundamentals for XRX
Current profitability levels for the company are sitting at:
- +4.27 for the present operating margin
- +34.76 for the gross margin
The net margin for Xerox Holdings Corporation stands at +2.73. The total capital return value is set at 2.85, while invested capital returns managed to touch 1.98. Equity return is now at value 5.30, with 2.00 for asset returns.
Based on Xerox Holdings Corporation (XRX), the company’s capital structure generated 82.43 points at debt to equity in total, while total debt to capital is 45.19. Total debt to assets is 32.47, with long-term debt to equity ratio resting at 77.02. Finally, the long-term debt to capital ratio is 40.66.
When we switch over and look at the enterprise to sales, we see a ratio of 0.88, with the company’s debt to enterprise value settled at 0.66. The receivables turnover for the company is 3.04 and the total asset turnover is 0.47. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.33.