With 3.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 3.0 million shares. The 52-week range on XRX shows that it touched its highest point at $18.18 and its lowest point at $6.07 during that stretch. It currently has a 1-year price target of $8.00. With its current market cap of 784.26 million, XRX has annualized dividend of $1.00 while the current yield stands at 15.97%. Beta for the stock currently stands at 1.51.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of XRX was down-trending over the past week, with a drop of -2.19%, but this was down by -25.39% over a month. Three-month performance dropped to -28.78% while six-month performance fell -38.45%. The stock lost -62.45% in the past year, while it has lost -25.74% so far this year. A look at the trailing 12-month EPS for XRX yields -10.74 with Next year EPS estimates of 1.63. For the next quarter, that number is 0.03. This implies an EPS growth rate of 10.82% for this year and 51.94% for next year.
Float and Shares Shorts:
At present, 124.44 million XRX shares are outstanding with a float of 116.00 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for XRX since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.18734 being high and $1.08757 being low. For XRX, this leads to a yearly average estimate of $1.1175. Based on analyst estimates, the high estimate for the next quarter is $0.36 and the low estimate is $0.26. The average estimate for the next quarter is thus $0.31.
