XRX - Xerox Corporation
| Previous Close | 34.67 |
| Open | 34.66 |
| Bid | 34.57 x 900 |
| Ask | 35.00 x 1800 |
| Day's Range | 34.48 - 34.99 |
| 52 Week Range | 18.58 - 35.18 |
| Volume | 2,566,480 |
| Avg. Volume | 3,198,946 |
| Market Cap | 7.897B |
| Beta (3Y Monthly) | 2.20 |
| PE Ratio (TTM) | 25.04 |
| EPS (TTM) | 1.38 |
| Earnings Date | May 1, 2019 - May 6, 2019 |
| Forward Dividend & Yield | 1.00 (3.13%) |
| Ex-Dividend Date | 2019-03-28 |
| 1y Target Est | 37.67 |
- Business Wire•21 hours ago
Xerox Plans Webcast to Discuss 2019 First-Quarter Results
Xerox will host a live audio webcast with online presentation slides at 8 a.m. ET on Thursday, April 25, to discuss the company’s 2019 first-quarter results and guidance.
- Business Wire•23 hours ago
New Security Innovations from Xerox Help Businesses Address Network Threats in Real Time
Xerox AltaLink® Multifunction Printers Offer First Line of Defense When Seconds Count
- Reuters•9 days ago
Tech in driver's seat as S&P 500 flirts with record
By Noel Randewich SAN FRANCISCO (Reuters) - Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near its all-time high, with Advanced Micro Devices Inc , Xilinx Inc and ...
- Markit•10 days ago
See what the IHS Markit Score report has to say about Xerox Corp.
Xerox Corp NYSE:XRXView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is extremely low for XRX with fewer than 1% of shares on loan. This could indicate that investors who seek to profit from falling equity prices are not currently targeting XRX. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding XRX are favorable with net inflows of $108.44 billion. This was the highest net inflow seen over the last one-year.Error parsing the SmartText Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. XRX credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to score@ihsmarkit.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
- InvestorPlace•17 days ago
Should You Buy Q1’s 6 Best-Performing S&P 500 Stocks?
The stock market had a really good start to 2019. To kick things off, the S&P 500 rose nearly 8% in January, its best January performance since 1987. Things didn't slow much thereafter. The S&P 500 rose 3% in February (tenth February best since 1987), and 2% in March (fifteenth best March since 1987). All in all, the S&P 500 finished the first quarter of 2019 up more than 13%. That's good enough to be the stock market's best Q1 performance in over twenty years.It goes without saying that the market's best first-quarter performance in more than two decades was accompanied by a handful of S&P 500 stocks that have staged huge year-to-date rallies. Indeed, as I've noted before, 2019 has had more breakout stocks than we've seen in years prior. That's mostly a function of two things:1) Stocks are on fire. 2) Growth is back.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBy that reasoning, growth stocks are doubly on fire! Indeed, to make the cut as one of the six best-performing S&P 500 stocks in Q1, a stock had to gain more than 50% in the quarter. No easy feat. That means through the first three months of 2019, there were six S&P 500 stocks that gained more than 50%. * 15 Stocks to Buy Leading the Financial Charge Which stocks belong in that group? Why did they stage such monster rallies? Will they keep rallying?Let's answer those questions by taking a closer look at the six best-performing S&P 500 stocks in a record first quarter for the S&P 500. Best-Performing S&P 500 Stocks of Q1: Coty (COTY)Source: Shutterstock YTD Gain: 72%How It Got Here: Global beauty giant Coty (NYSE:COTY) was the beneficiary of two big catalysts in the first quarter of 2019. First, the company reported a robust double-beat earnings report in early February that caused shares to rally in a big way. Second, just a few days thereafter, German conglomerate Jab Holding Co offered to purchases 150 million shares of Coty at a purchase price of $11.65. At the time, COTY stock was changing hands below $10. Consequently, COTY stock has since rallied closer to the proposed $11.65 purchase price.Where It's Going Next: COTY stock has more room to run higher in 2019. The stock has fallen flat over the past two months because Coty management has been reviewing the JAB tender offer. But, considering JAB is already a 40% holder of Coty stock, this offer will likely go through. Once it does, COTY stock will move higher for three reasons:1) The stock is still below the $11.65 tender offer price. 2) New money brings in new confidence. 3) The stock is still pretty cheap at just 17-forward earnings. Xerox (XRX)Source: Shutterstock YTD Gain: 67%How It Got Here: The big 2019 rally in document management systems company Xerox (NYSE:XRX) can be attributed to three things. First, there was a big selloff leading into 2019, wherein XRX stock dropped 30% in less than a month.Second, the company reported strong fourth-quarter earnings in late January 2019, which largely underscored that the 30% selloff in late 2018 was unwarranted. Third, buyout talk has kept shares on a solid uptrend ever since the strong Q4 report.Where It's Going Next: After the near 70% year-to-date rally, XRX stock is now trading at levels that are historically normal. The stock is back at a low $30s price tag, which has roughly served as a ceiling for the stock over the past five years. * 7 Breakout Stocks to Watch in 2019 Meanwhile, the valuation is at 9x forward earnings, which is essentially the norm for where this stock has traded over the past several years. As such, further upside isn't compelling. It seems XRX stock used all its firepower to get back to normal, and that there isn't much left in the tank to power further gains in 2019. Chipotle (CMG)Source: Shutterstock YTD Gain: 64%How It Got Here: The long overdue turnaround in fast-casual Mexican eatery Chipotle (NYSE:CMG) is finally here. New management came in around a year ago, and they have since flawlessly executed on some very important growth initiatives, including expanding the digital business, revamping the menu and rolling out a nationwide advertising campaign.All of these initiatives have worked. Comparable sales growth and traffic trends have improved meaningfully, and those improvements have allowed for concurrent margin improvements, too. CMG stock has consequently soared over the past year, and the rally hasn't slowed in 2019.Where It's Going Next: At this point in time, CMG stock is the most expensive restaurant stock I have ever seen, and on that basis alone, further gains in the stock seem unlikely in the near future. To be sure, the long-term fundamentals here are healthy. But, this is a very competitive space, and no company in the fast-casual business flawlessly executes for that long. Chipotle has been flawlessly executing for a year. They are due for a hiccup. When that hiccup happens, the stock will drop in a big way. Xilinx (XLNX)Source: Shutterstock YTD Gain: 52%How It Got Here: All semiconductor stocks have been in rally mode in 2019, amid broad improvements across the global semiconductor industry (demand has firmed up thanks to global economic stabilization, supply is dropping due to aggressive Q1 clearing, and trade and FX headwinds have become less severe).Among the biggest gainers in that group in 2019 has been Xilinx (NASDAQ:XLNX), mostly due to the company's robust double-beat-and-raise third-quarter earnings report at the end of January, which confirmed the aforementioned semiconductor market improvements.Where It's Going Next: It seems like all the good news is already priced into XLNX stock. To be sure, there's a lot of good news right now for semis, but at such a rich valuation (33x forward earnings), it's tough to see the stock heading meaningfully higher in the foreseeable future. * 7 Stocks From Around the World That Beat U.S. Stocks Instead, while earnings may grow over the next several quarters, today's stretched multiple will likely fall back, and that combo will lead to decent but not substantial gains in the stock. Arista Networks (ANET)Source: Shutterstock YTD Gain: 52%How It Got Here: Cloud networking giant Arista Networks (NYSE:ANET) has been on fire in 2019 ever since the company reported a beat-and-raise Q4 earnings report in mid-February.Broadly speaking, that report largely confirmed that cloud spending trends remain favorable even in a slowing global economy. The implication? The late 2018 selloff in ANET stock was way overdone. Analysts upgraded the stock. Investors bought the stock. ANET soared.Where It's Going Next: Arista is a long term winner powered by secular growth trends in cloud service adoption and spend, currently growing revenues at a 30%-plus rate, with gross margins that are healthily north of 60%. Right now, investors get all of that for just 34x forward earnings, which isn't a bad multiple for a 30%-revenue grower with broad exposure to the cloud. As such, this rally doesn't seem like it's over just yet. The multiple is stable here, and earnings will keep growing at a robust rate, so further gains in the stock seem likely through the balance of 2019. Stericycle (SRCL)Source: DaveBleasdale via FlickrYTD Gain: 52%How It Got Here: The big 2019 rally in waste removal giant Stericycle (NASDAQ:SRCL) can be chalked up to one thing: the stock simply got way too cheap in late 2018. Amid slowing economic growth concerns and a financial market meltdown, SRCL stock tumbled from $75 early in 2018, to $34 by late 2018, bringing the forward earnings multiple on the stock to 7.5 (versus a five-year average forward multiple of 19). Strong quarterly numbers in early 2019 confirmed that these late 2018 fears were overblown. The valuation has since normalized, and the stock has soared.Where It's Going Next: It looks like SRCL stock can head higher from here. This is a stable business with a large moat that is providing solutions of enduring and sustainable value. Growth going forward won't be big, but it will be stable, much like it has been for the past several years. * 8 Best Stocks to Buy for an April Rally During that stretch, SRCL stock traded at 19x forward earnings. Today, the forward multiple is around 15. Consequently, there's reason to believe the stock isn't done rallying just yet.As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks From Around the World That Beat U.S. Stocks * 7 Breakout Stocks to Watch in 2019 * 5 Cheap Small-Cap Stocks to Buy Compare Brokers The post Should You Buy Q1's 6 Best-Performing S&P 500 Stocks? appeared first on InvestorPlace.
- Zacks•18 days ago
Wall Street Sees Best Quarter in a Decade: 5 Winners
The S&P 500 soared 13.1% in the first quarter, its best start to a year since 1998. The index also notched its biggest one-quarter gain since the end of the Great Recession.
- InvestorPlace•23 days ago
5 Cheap Dividend Stocks to Buy Now
U.S. equities are skidding sideways on Wednesday as traders worry about the volatility being seen in the bond market, with long-term Treasury yields on the slide once more. This is a strong recession signal, raising fears that the Federal Reserve did permanent damage with its rate hike campaign.With the S&P 500 still hanging around the 2,800 level, as the Dow Jones Industrial Average remains near the 26,000 level, investors are understandably getting impatient. What a perfect time to reconsider the benefits of dividend stocks, which literally pay you to wait for the market to resume its upward march.I screened for cheap dividend stocks that are showing some upward movement, trading above their 50-day moving average, with a 3% or higher dividend yield, positive earnings growth, and a reasonable price-to-earnings and price-to-sales valuation.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 F-Rated Stocks to Sell in This Narrow Market Here are five to dividend stocks watch: Ford (F) Click to Enlarge Source: Shutterstock Ford (NYSE:F) shares look ready to break up and out of a consolidation going back to October as F inches closer to its 200-day moving average. Ford stock carries a 6.9% dividend yield and trades at a price-to-sales multiple of just 0.2. The company is in the midst of changing its product lineup to focus on electrified vehicles, SUVs and trucks including an upcoming Mustang-inspired electric SUV.The company will next report results on April 24 after the close. Analysts are looking for earnings of 26 cents per share on revenues of $36.53 billion. When the company last reported on Jan. 23, earnings of 30 cents per share matched expectations on a 0.5% rise in revenues. Principal Financial Group (PFG) Click to Enlarge Source: Shutterstock Shares of Principal Financial Group (NASDAQ:PFG), an asset management firm, are in the midst of a consolidation range near its 200-day moving average. Watch for a rise off of its 50-day moving average to return shares to levels not seen since October for a 20% move from here. The stock provides a 4.3% dividend yield and trades at a price-to-sales ratio of just 1. * 10 Tech Stocks With Key Products That Face an Uncertain Future The company will next report results on April 30 after the close. Analysts are looking for earnings of $1.25 per share on revenues of $3.68 billion. When the company last reported on Jan. 29, earnings of $1.11 missed estimates by 18 cents on revenues of $3.5 billion. The Gap (GPS) Click to Enlarge Source: Shutterstock Shares of Gap (NYSE:GPS) have been stabilizing and showing signs of life since management announced it would spin off its popular Old Navy brand into a separate corporate entity. The stock carries a 3.7% dividend yield and trades at 0.6 price-to-sales multiple.The company will next report results on May 30 after the close. Analysts are looking for earnings of 33 cents per share on revenues of $3.8 billion. When the company last reported on Feb. 28, earnings of 72 cents per share beat estimates by 3 cents on a 3.2% drop in revenues. Fidelity National Financial (FNF) Click to Enlarge Source: Shutterstock Shares of Fidelity National Financial (NYSE:FNF) are breaking out of a three-month consolidation below its 200-day moving average, pushing back to levels not seen since October. An extension to its October high would be worth a further 10% gain from here. The stock carries a 3.3% dividend yield and trades at a 1.3 price-to-sales multiple. * 7 SaaS Stocks to Buy for Long-Term Gains The company will next report results on May 15 after the close. Analysts are looking for earnings of 40 cents per share on revenues of $1.65 billion. When the company last reported on Feb. 13, earnings of 63 cents per share missed estimates by 5 cents on a 14.3% decline in revenues. Xerox (XRX) Click to Enlarge Source: Shutterstock Shares of Xerox (NYSE:XRX) are consolidating their post-December uptrend and look ready for a resumption of upward momentum as buyers contend with overhead resistance from its 2017 and 2018 highs. The company recently shrugged off of a downgrade by analysts at Standpoint Research. The stock trades at a forward price-to-earnings multiple of less than 8 and carries a 3.1% dividend yield.The company will next report results on April 30 before the open. Analysts are looking for earnings of 85 cents per share on revenues of $2.32 billion. When the company last reported on Jan. 29, earnings of $1.14 beat estimates by 12 cents on a 7.8% decline in revenues.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Tech Stocks With Key Products That Face an Uncertain Future * 7 SaaS Stocks to Buy for Long-Term Gains * 5 Semiconductor Stocks That Are Scorching Hot Buys Compare Brokers The post 5 Cheap Dividend Stocks to Buy Now appeared first on InvestorPlace.
- Business Wire•23 days ago
Xerox Unveils New Services Offerings to Advance Clients’ Digital Transformations
Expanded portfolio enables clients to redefine the way they work, and reimagine the employee and client experience at the intersection of physical and digital
- Zacks•29 days ago
Why Xerox (XRX) Intends to Sell Customer Financing Business?
The sale of the financing business is expected to help Xerox (XRX) significantly reduce debt level.
- Moody's•last month
Xerox Corporation -- Moody's Says Xerox's Review of Strategic Alternatives for Customer Financing Business and Proposal to Establish New Holdco Create Uncertainty
Moody's said Xerox Corporation ("Xerox") recently announced that it is looking at strategic alternatives for its customer financing business and related assets. Earlier this March, Xerox disclosed that its Board of Directors approved a reorganization of Xerox's corporate structure to provide strategic, operational, and financial flexibility. As part of this reorganization, the company is seeking 2/3 shareholder approval to create a new holding company ("New Holdco").
- Business Wire•last month
HCL and Xerox Expand Strategic Partnership to Accelerate Operational Transformation
Building on a decade-long Product Engineering relationship, this Managed Services arrangement positions HCL to transform Xerox’s shared services globally, resulting in greater oper
- Reuters•last month
Xerox says exploring potential deal for financing business
The move comes close on the heels of a plan announced by the company to restructure itself to become a wholly owned unit of a new holding company, which will trade under its current ticker. Xerox has been exploring options following the termination of a complex deal last year to merge with Fujifilm Holdings Corp after it ran into strong opposition from activist investors Carl Icahn and Darwin Deason. It brought in 4 percent or about $300 million of Xerox's total revenue of $7.63 billion in fiscal 2018.
- Zacks•last month
Everi (EVRI) Looks Good: Stock Adds 5.1% in Session
Everi (EVRI) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
- Zacks•last month
Moving Average Crossover Alert: Xerox
Xerox Corporation (XRX) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.
- Reuters•last month
Xerox - yes, Xerox - leads 2019 gains in S&P tech index
** Xerox Corp is leading the S&P 500 information technology index so far in 2019, boasting a gain of 57.4 pct as the printer maker plans to restructure ** Programmable chipmaker Xilinx is up 43.6 pct YTD, ...
- Zacks•last month
Here's Why You Should Add Xerox (XRX) to Your Portfolio
Xerox (XRX) has an aggressive product development program in new high growth markets.
- Zacks•last month
Xerox To Reorganize Under Holding Company, Improve Operations
Xerox (XRX) is eyeing strategic, operational and financial flexibility on the back of the latest move.
Yahoo Finance•last month2019's biggest winners were 2018's biggest losers
The best performing stocks so far in 2019 saw steep declines in December of 2018.
Yahoo Finance•last monthKroger misses big, changes at Xerox, Tesla’s electrifying upgrade
Kroger, Xerox, Tesla, AT&T and Amazon are the companies to watch.
Associated Press•last monthXerox reorganizing under holding company
Xerox is reorganizing under a new holding company, saying that it will have more strategic, operational and financial flexibility. The maneuver is similar to one made by Google in 2015, when it reorganized under Alphabet. Xerox Corp. said in a regulatory filing Thursday that the reorganization won't change its business operations, directors or executive officers.
Reuters•last monthXerox restructures business to create holding company
The reorganization is expected to be implemented in mid-2019 and the new holding company's shares will trade on the New York Stock Exchange under its current ticker "XRX". A holding company structure allows a firm to lower its tax bill, protect patents and diversify its unit's businesses efficiently. In 2015, Google formed a holding company, Alphabet Inc, with distinct units under it.
