Xerox
About: Xerox Holdings Corp is an original equipment manufacturing and software company. Xerox operates in one segment--design, development, and sale of printing technology and related solutions--while deriving 60% of its revenue from the U.S. and 40% from international markets. The company is an OEM of multifunction printers, or MFPs (printers that can print, copy, and scan), focusing on large enterprise markets. Apart from equipment, the company provides post-sales services like managed print services--a service that helps to bring smart servicing and efficiencies to how employers use their print/copy equipment. Xerox is attempting to enter new markets like digital print packaging solutions and printed electronics.
Employees: 17,300
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
10% more repeat investments, than reductions
Existing positions increased: 102 | Existing positions reduced: 93
5.03% less ownership
Funds ownership: 93.2% [Q2] → 88.17% (-5.03%) [Q3]
7% less funds holding
Funds holding: 305 [Q2] → 283 (-22) [Q3]
15% less capital invested
Capital invested by funds: $1.35B [Q2] → $1.14B (-$208M) [Q3]
32% less first-time investments, than exits
New positions opened: 46 | Existing positions closed: 68
34% less call options, than puts
Call options by funds: $52.8M | Put options by funds: $80.5M
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
3 analyst ratings
Morgan Stanley Erik Woodring 71% 1-year accuracy 20 / 28 met price target | 12%downside $8 | Underweight Maintained | 30 Oct 2024 |
JP Morgan Samik Chatterjee 55% 1-year accuracy 22 / 40 met price target | 12%downside $8 | Underweight Maintained | 30 Oct 2024 |
JP Morgan Samik Chatterjee 55% 1-year accuracy 22 / 40 met price target | 21%upside $11 | Underweight Maintained | 21 Oct 2024 |
Financial journalist opinion
Based on 147 articles about XRX published over the past 30 days
