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Wednesday, February 8, 2023

Value Investing Philosophy And Xerox Holdings Corporation (NASDAQ: XRX)?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Xerox Holdings Corporation (XRX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.22, or -1.42%, to $15.26. The Xerox Holdings Corporation has recorded 37,239 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that Xerox Announces Entry into Forward Funding Solution with PEAC Solutions to Drive Continued Growth of FITTLE Financing Business.

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Stocks Info

XRX belongs to the Technology sector of the NASDAQ while operating in the Information Technology Services industry. At the end of the last regular session, the stock closed at $15.48 and fluctuated between $15.72 as its day high and $15.28 as its day low. The current market capitalization of Xerox Holdings Corporation is $2.39B. A total of 1.38 million shares were traded on the day, compared to an average of 1.62M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, XRX has seen 3 BUY and 7 SELL insider trades, representing the acquisition of 204,679 and the disposition of 45,069 shares. Over the last 12 months, there were 66 BUYs and 81 SELLs from insiders. Insiders purchased 3,478,364 shares during that period but sold 578,797.

In the most recent transaction, Palau Hernandez Margarita bought 10,000 shares of XRX for 15.55 per share on Nov 29. After the transaction, the Director now owns 15,500 company shares. In a previous transaction on May 13, Shanker Naresh sold 10,700 shares at 17.16 per share. XRX shares that SVP, Chief Technology Officer owns now total 11,094.

Among the insiders who bought shares, ICAHN CARL C acquired of 783,900 shares on Apr 25 at a per-share price of $17.17. This resulted in the 10% Owner holding 34,245,314 shares of XRX after the transaction. In another insider transaction, ICAHN CARL C bought 1,346,523 shares at $16.96 per share on Apr 22. Company shares held by the 10% Owner now total 33,461,414.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for XRX in the last 3 months, the mean price target is $12.47 with high estimates of $15.00 and low estimates of $10.00. In terms of 52-week highs and lows, XRX has a high of $24.14 and a low of $11.80.

As of this writing, XRX has an earnings estimate of $0.59 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $0.94 per share and a lower estimate of $0.27. The company reported an EPS of $0.13 in the last quarter, which was 62.50% higher than expectations of $0.08.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 9 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for XRX is Overweight with a score of 1.00. A total of 0 analysts rated the stock as Buy while 0 rated it as Overweight while 5 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 4 thought it should be Sold.

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