|Bid||0.00 x 1100|
|Ask||31.10 x 1800|
|Day's Range||29.99 - 30.50|
|52 Week Range||18.58 - 32.31|
|Beta (3Y Monthly)||2.23|
|PE Ratio (TTM)||22.07|
|Earnings Date||May 1, 2019 - May 6, 2019|
|Forward Dividend & Yield||1.00 (3.35%)|
|1y Target Est||35.50|
The market is off to one of its strongest starts in decades. And although 2019 got rolling with an advantage - coming off the worst December performance in ages - the rally doesn't look terribly strained just yet.Even more surprising are some of the names leading the charge. High-profile stocks, such as the FANG tech companies, have enjoyed solid gains. But some of the biggest winners are names that have fallen off many investors' radars, or were never on them to begin with.What's more heartening is that many of these new uptrends seem built to last for all the right reasons - they're either regaining relevancy, growing the bottom line or both.Here's a look at 10 of the markets most surprising large- and mid-cap stock winners so far in 2019. Their underlying stories are taking a turn for the better, at least in investors' eyes, and all of them merit a closer look, if only for a mental note to reference at a later date. SEE ALSO: 19 Best Stocks to Buy for 2019 (And 5 to Sell)
Xerox Corp NYSE:XRXView full report here! Summary * Perception of the company's creditworthiness is negative but improving * ETFs holding this stock have seen outflows over the last one-month * 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 | NegativeETF activity is negative. Over the last one-month, outflows of investor capital in ETFs holding XRX totaled $20.93 billion. Additionally, the rate of outflows appears to be accelerating. 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 | NegativeThe current level displays a negative indicator with a strengthening bias over the past 1-month. XRX credit default swap spreads are decreasing, indicating some improvement in the market's perception of the company's credit worthiness. Additionally, they are within the middle of the range set over the last three years.Please send all inquiries related to the report to firstname.lastname@example.org.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.
It's the first time a venture-funded startup in Buffalo has been acquired since Liazon Corp. was sold in 2013 for $215 million.
Investors seeking stocks positioned for superior longterm growth may want to consider an unlikely group of companies. Their shares have lagged the market in recent years, but their prospects are looking up as new CEOs take the reins, including Xerox Corp.
Operational efficiencies and cost savings gained with Xerox’s Managed Print Services and ConnectKey Technology
Today Xerox (XRX) is holding an Investor Day to provide the investment community and other stakeholders details on its strategic initiatives and financial plans. “With a history of designing breakthrough technologies, Xerox is ‘made to think.’ We are taking a disciplined approach to creating the next generation of innovative technologies and intelligent work solutions to meet our clients’ evolving needs,” said John Visentin, vice chairman and CEO, Xerox.
Two of the best stocks in the S&P 500 this year are a couple of old dogs. There are some eerie similarities with both companies that investors should take note of.
Stocks that moved substantially or traded heavily on Tuesday: Pfizer Inc., up $1.24 to $40.77 The world's largest drugmaker reported mixed fourth-quarter results that topped forecasts, but gave a weak ...
shares closed up more than 11.44% to $27.08 on Tuesday after the office-equipment maker posted fourth-quarter adjusted earnings that beat Wall Street estimates by 10 cents, and forecast 2019 earnings above expectations. Revenue fell 7.8% from the $2.75 billion reported in the year-earlier comparable quarter. The Norwalk, Conn.-based company said it expects a revenue decline of other 5% decline in 2019.
The company is streamlining its business and scaling up operations under a new regime installed by activist investors Carl Icahn and Darwin Deason last year. Xerox had agreed to merge with its long-standing joint-venture with Japan's Fujifilm Holdings Corp as it struggled to deal with a long-running decline in demand for printing and photocopying equipment.
Shares of Xerox Corp. rallied 3.7% in premarket trade Tuesday, after the print technologies company beat fourth-quarter earnings expectations and provided an upbeat 2019 outlook. The company swung to net income of $137 million, or 56 cents a share, from a loss of $190 million, or 76 cents a share, in the same period a year ago, which included a $400 million charge related to U.S. tax reform. Excluding non-recurring items, adjusted earnings per share came to $1.14, above the FactSet consensus of $1.04. Total revenue fell to $2.53 billion from $2.75 billion, just below the FactSet consensus of $2.56 billion. Free cash flow increased by $101 million to $398 million. For 2019, the company expects adjusted EPS of $3.70 to $3.80, above the FactSet consensus of $3.53. The stock has lost 11.5% over the past three months through Monday, while the S&P 500 has gained 0.1%.
Xerox Corp reported a 7.8 percent fall in fourth-quarter revenue on Tuesday, as businesses continue to cut back spending on printers and photocopiers. Net income attributable to the company was $137 million, ...
On Tuesday, Jan. 29, Xerox (NYSE: XRX ) will report its last quarter's earnings. Here is Benzinga's take on the company's latest release. Earnings and Revenue Wall Street analysts see Xerox reporting earnings ...