On Monday, Xerox Holdings Corp (NASDAQ: XRX) opened lower -1.00% from the last session, before settling in for the closing price of $14.00. Price fluctuations for XRX have ranged from $12.06 to $19.78 over the past 52 weeks.
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Annual sales at Technology sector company slipped by -6.44% over the past five years. Company’s average yearly earnings per share was noted 22.12% at the time writing. With a float of $113.70 million, this company’s outstanding shares have now reached $123.14 million.
Let’s look at the performance matrix of the company that is accounted for 20100 employees.
Xerox Holdings Corp (XRX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Xerox Holdings Corp is 8.44%, while institutional ownership is 87.26%. The most recent insider transaction that took place on Sep 28 ’23, was worth 542,445,774. In this transaction 10% Owner of this company sold 34,245,314 shares at a rate of $15.84, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 05 ’23, when Company’s EVP & CHRO sold 9,126 for $16.75, making the entire transaction worth $152,898. This insider now owns 46,323 shares in total.
Xerox Holdings Corp (XRX) Latest Financial update
If we go through the results of last quarter, which was made public on 3/31/2024, the company posted 0.44 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.3) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 22.12% per share during the next fiscal year.
Xerox Holdings Corp (NASDAQ: XRX) Trading Performance Indicators
Check out the current performance indicators for Xerox Holdings Corp (XRX). In the past quarter, the stock posted a quick ratio of 1.07. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26. Likewise, its price to free cash flow for the trailing twelve months is 3.51.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.56, a number that is poised to hit 0.43 in the next quarter and is forecasted to reach 2.26 in one year’s time.
Technical Analysis of Xerox Holdings Corp (XRX)
Xerox Holdings Corp (NASDAQ: XRX) saw its 5-day average volume 4.98 million, a positive change from its year-to-date volume of 2.44 million. As of the previous 9 days, the stock’s Stochastic %D was 2.68%. Additionally, its Average True Range was 0.59.
During the past 100 days, Xerox Holdings Corp’s (XRX) raw stochastic average was set at 1.50%, which indicates a significant decrease from 1.69% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 45.04% in the past 14 days, which was lower than the 48.78% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.15, while its 200-day Moving Average is $16.09. Nevertheless, the first resistance level for the watch stands at $14.20 in the near term. At $14.54, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.74. If the price goes on to break the first support level at $13.66, it is likely to go to the next support level at $13.46. The third support level lies at $13.12 if the price breaches the second support level.
Xerox Holdings Corp (NASDAQ: XRX) Key Stats
There are currently 124,185K shares outstanding in the company with a market cap of 1.72 billion. Presently, the company’s annual sales total 6,886 M according to its annual income of 1,000 K. Last quarter, the company’s sales amounted to 1,765 M and its income totaled -58,000 K.
