With 1.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.89 million shares. The 52-week range on XRX shows that it touched its highest point at $14.81 and its lowest point at $3.44 during that stretch. It currently has a 1-year price target of $5.50. With its current market cap of 696.87 million, XRX has annualized dividend of $0.88 while the current yield stands at 15.79%. Beta for the stock currently stands at 1.89.
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 up-trending over the past week, with a rise of 0.36%, but this was up by 46.95% over a month. Three-month performance dropped to -30.66% while six-month performance fell -36.10%. The stock lost -60.12% in the past year, while it has lost -34.28% so far this year. A look at the trailing 12-month EPS for XRX yields -10.55 with Next year EPS estimates of 1.49. For the next quarter, that number is 0.08. This implies an EPS growth rate of -22.42% for this year and 97.56% for next year.
Float and Shares Shorts:
At present, 125.78 million XRX shares are outstanding with a float of 116.28 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 $0.34 and the low estimate is $0.34. The average estimate for the next quarter is thus $0.34.
