Xerox Holdings Corporation with ticker code (XRX) have now 4 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Underperform’. The target price High/Low ranges between 17 and 10 calculating the mean target price we have $13.25. Given that the stocks previous close was at $14.65 this would indicate that there is a downside of -9.6%. The 50 day moving average now sits at $15.73 while the 200 day moving average is $15.75. The company has a market capitalization of $2,277m. Visit the company website at: https://www.xerox.com
The potential market cap would be $2,060m based on the market consensus.
Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the Americas, Europe, the Middle East, Africa, India, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services. The company also provides graphic communications and production solutions; and IT services, end user computing devices, network infrastructure, communications technology, and a range of managed IT solutions, such as technology product support, professional engineering, and commercial robotic process automation; and provides finance for the sale of Xerox, non-Xerox office, and IT services equipment. In addition, it provides FreeFlow a portfolio of software solutions for the automation and integration to the processing of print job comprises file preparation, final production, and electronic publishing. Further, the company sells paper products and wide-format systems, licensing, as well as standalone software such as CareAR, DocuShare, and XMPie. The company sells its products and services directly to its customers through its direct sales force, as well as through independent agents, dealers, value-added resellers, systems integrators, and e-commerce marketplaces. Xerox Holdings Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.
The company has a dividend yield of 6.83% with the ex dividend date set at 30-3-2023 (DMY).
