Xerox: Xerox Holdings Corp's (NASDAQ: XRX) Stock Prices May Increase Drastically In The Near Future.

In the last trading session, 5.7 million shares of the Xerox Holdings Corp (NASDAQ:XRX) were traded, and its beta was 1.55. Most recently the company's share price was $5.26, and it changed around -$0.22 or -4.01% from the last close, which brings the market valuation of the company to $658.98M. XRX currently trades at a discount to its 52-week high of $18.18, offering almost -245.63% off that amount. The share price's 52-week low was $5.28, which indicates that the current value has fallen by an impressive -0.38% since then. We note from Xerox Holdings Corp's average daily trading volume that its 10-day average is 7.13 million shares, with the 3-month average coming to 3.66 million. Xerox Holdings Corp stock received a consensus recommendation rating of Hold, based on a mean score of 3.33. If we narrow it down even further, the data shows that 1 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended XRX as a Hold, whereas 1 deemed it a Buy, and 1 rated it as Underweight. Xerox Holdings Corp is expected to report earnings per share of 0.03 for the current quarter. Xerox Holdings Corp (NASDAQ:XRX) trade information Instantly XRX has showed a red trend with a performance of -4.01% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 6.00 on recent trading dayincreased the stock's daily price by 12.33%. The company's shares are currently down -37.60% year-to-date, but still down -8.68% over the last five days. On the other hand, Xerox Holdings Corp (NASDAQ:XRX) is -32.30% down in the 30-day period. We can see from the shorts that 23.73 million shares have been sold at a short interest cover period of 7.36 day(s). The consensus price target as assigned by Wall Street analysts is $8, which translates to bulls needing to increase their stock price by 34.25% from its current value. Analyst projections state that XRX is forecast to be at a low of $8 and a high of $8. Xerox Holdings Corp (XRX) estimates and forecasts The year-over-year growth rate is expected to be 1.78%, up from the previous year. Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 1.52B in revenue for the current quarter. 2 analysts expect Xerox Holdings Corp to make 1.62B in revenue for the current ending quarter. The company's sales for the same quarters a year ago were 1.5B and 1.58B respectively. Analysts predict that the company's current quarter sales will jump, forecast at 1.30%. Forecasts for the next quarter put sales growth at 2.45%. Xerox Holdings Corp earnings are expected to increase by 10.82% in 2025, but the outlook is positive 9.11% per year for the next five years. XRX Dividends Xerox Holdings Corp's next quarterly earnings report is expected to be released on 2025-Jan-27. The annual dividend yield of the stock is 19.01 percent and its annual dividend per share was 1.00. It is important to note, however, that the 19.01% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 6.48 per year. Xerox Holdings Corp (NASDAQ:XRX)'s Major holders Upon looking at major shareholders, it appears that insiders hold 7.35% of Xerox Holdings Corp shares, and 99.46% of them are in the hands of institutional investors. The stock currently has a share float of 107.35%. Xerox Holdings Corp stock is held by 398.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 14.887% of the shares, which is about 18.49 million shares worth $214.9 million. PACER ADVISORS, INC., with 10.1226% or 12.58 million shares worth $146.13 million as of 2024-06-30, holds the second largest percentage of outstanding shares. Pacer US Small Cap Cash Cows 100 ETF and iShares Core S&P Small-Cap ETF were the top two Mutual Funds as of Oct 31, 2024 . The former held 16.75 shares worth $88.11 million, making up 9.39% of all outstanding shares. On the other hand, iShares Core S&P Small-Cap ETF held roughly 7.37 shares worth around $38.78 million, which represents about 4.13% of the total shares outstanding.