Xerox (XRX)

• Market cap: $1.04B
• 1 day: -1.53%
• 5 days: -3.78%
• 1 month: 0.00%
• 3 months: -19.64%
• 6 months: -36.82%
• Year to date: -53.47%
• 1 year: -54.13%
• 5 years: -77.54%
• 10 years: -77.21%
• Sector: Information Technology
• Industry: Computer Peripheral Equipment

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)

9% more repeat investments, than reductions

Existing positions increased: 102 | Existing positions reduced: 94

5.02% less ownership

Funds ownership: 93.2% [Q2] → 88.18% (-5.02%) [Q3]

7% less funds holding

Funds holding: 306 [Q2] → 284 (-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

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $8 5% downside
• Avg. target: $8 5% downside
• High target: $8 5% downside

2 analyst ratings

• positive: 0 0%
• neutral: 0 0%
• negative: 2 100%

Morgan Stanley Erik Woodring 52% 1-year accuracy 14 / 27 met price target	5% downside $8	Underweight Maintained	30 Oct 2024
JP Morgan Samik Chatterjee 56% 1-year accuracy 37 / 66 met price target	5% downside $8	Underweight Maintained	30 Oct 2024