XeroxXRX
Market Cap: $1.27B
About: Xerox 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: 18,100
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
79.49% more ownership
Funds ownership: 11.65% [Q1] → 91.14% (+79.49%) [Q2]
11% more repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 100
7% less funds holding
Funds holding: 329 [Q1] → 305 (-24) [Q2]
11% less call options, than puts
Call options by funds: $54.2M | Put options by funds: $61.1M
35% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 69
38% less capital invested
Capital invested by funds: $2.11B [Q1] → $1.32B (-$796M) [Q2]
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Loop Capital Ananda Baruah 50% 1-year accuracy 7 / 14 met price target | 8%upside $11 | Hold Maintained | 14 Aug 2024 |
Citigroup Asiya Merchant 39% 1-year accuracy 9 / 23 met price target | 8%upside $11 | Sell Initiated | 28 Jun 2024 |
Financial journalist opinion
Based on 7 articles about XRX published over the past 30 days