The stocks of XRX have been issued with a sell rating by seven different analysts that have covered the firm. According to a report, three of the investment analysts have already issued the company with a rating of sell, while two others have put out a rating of hold. The price target set over the period of a year has been fixed at $43.50.
The Stock Commentary Of XRX
There have been quite a few research equities that have commented on the stocks of XRX. Citigroup has also increased the price target of the company from $13 to $160 in a 22nd April research report. Zacks Investment Research has also increased the rating of the company from sell to hold with a price target of $26 set on the company in a 22nd April research report. In the end, TheStreet decided to lower the rating of the company from b- to c+ in a 20th April research report.
The stocks of XRX traded on Thursday at $23.49. The year low of the company is $14.51, with the year high set at $26.96. The debt-to-equity ratio of the company over the period was 0.68, with the current ratio set at 2.05, along with a 1.73 quick ratio. The market cap of the company has been $4.51 billion, with a PE ratio of around 22.61, along with a 1.80 beta. The moving average price of the company over a period of 50 days has been $24.01.
XRX previously announced its quarterly report on the 19th of April. The EPS reported by the company during this period was $0.22, which was less than the consensus estimate of $0.30. The revenue generated by the company during this period was $1.71 billion, which was slightly more than the consensus estimate of $1.59 billion. The return on equity for the company during this period was 5.65%, with a 3.39% net margin.
