Xerox Holdings Corp (XRX) Stock Short-term Performance Analysis

A share price of Xerox Holdings Corp [XRX] is currently trading at $8.39, down -0.36%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The XRX shares have gain 1.45% over the last week, with a monthly amount drifted -19.40%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Xerox Holdings Corp [NASDAQ: XRX] stock has seen the most recent analyst activity on June 28, 2024, when Citigroup initiated its Sell rating and assigned the stock a price target of $11. Previously, Credit Suisse started tracking the stock with Underperform rating on August 17, 2022, and set its price target to $14. On February 04, 2021, downgrade downgraded it’s rating to Underweight but maintained its price target of $18 on the stock. Credit Suisse downgraded its rating to a Neutral and decreased its price target to $20 on January 27, 2021. Cross Research downgraded its rating to a Sell but $17 remained the price target by the analyst firm on January 19, 2021. JP Morgan downgraded its rating to Underweight for this stock on July 24, 2020. In a note dated April 27, 2020, Loop Capital downgraded an Hold rating on this stock and revised its target price from $47 to $18.

Xerox Holdings Corp experienced fluctuations in its stock price throughout the past year between $8.02 and $19.78. Currently, Wall Street analysts expect the stock to reach $10.25 within the next 12 months. Xerox Holdings Corp [NASDAQ: XRX] shares were valued at $8.39 at the most recent close of the market. An investor can expect a potential return of 22.17% based on the average XRX price forecast.

Analyzing the XRX fundamentals

Trailing Twelve Months sales for Xerox Holdings Corp [NASDAQ:XRX] were 6.37B which represents -7.56% decline. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.15%, Pretax Profit Margin comes in at -0.2%, and Net Profit Margin reading is -0.21%. To continue investigating profitability, this company’s Return on Assets is posted at -0.16, Equity is -0.58 and Total Capital is -0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.16.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.26 points at the first support level, and at 8.13 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.52, and for the 2nd resistance point, it is at 8.65.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Xerox Holdings Corp [NASDAQ:XRX] is 1.26. Further, the Quick Ratio stands at 0.95, while the Cash Ratio is 0.22. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 0.80.

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