Analyst Research

Analyst Viewpoints on Rating and Recommendation: Xerox Corp (NYSE:XRX)

Xerox Corp (NYSE:XRX) rose 0.93% during previous trade. Goldman issued rating on the stock of Xerox Corp (NYSE:XRX) in a research note issued to investors on Jan-10-17, the stock received “Upgrade” rating from Neutral to Buy. Additionally Credit Suisse issued their verdict on the stock of the company, on record date of Jan-03-17 the stock was “Upgraded” from Neutral to Outperform besides that on Nov-07-16 Xerox Corp (NYSE:XRX) was “Downgraded” by Morgan Stanley from Equal-Weight to Underweight. Furthermore on Sep-13-16 the stock was “Downgraded” by SunTrust as Buy.

Xerox Corp (NYSE:XRX) shares ended last trading session at the price of $7.03 whereas a number of traders indicating mean target price will hit $8.89 over the next twelve months, mean value of price target most recently revised on 01/03/17. Xerox Corp (NYSE:XRX)’s highest estimates of price target are $10.50 and low forecast is $7.90 based on the opinion of 8 analysts. The price target estimates represents a standard deviation of 0.99. However brokerage recommendations suggests an ABR of 3.00 based on calls of 6 experts, where 2 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 2 suggest Hold, 0 are rating the stock as Sell while 2 as Strong Sell.

Xerox Corp (NYSE:XRX) is expected to release the earnings of its current quarter on 2/3/17 Before Market Open. The company is expected to release $0.32 EPS for current quarter according to 5 analysts whereas the company reported $0.32 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.31 and high estimate of $0.33. For the current year Xerox Corp (NYSE:XRX) has set to release EPS of $1.12 as per the sentiments of 6 analysts, however according to 7 analysts, the company expected to release $0.9 EPS for next year.

Xerox Corp (NYSE:XRX)’s average revenue estimates for the current quarter are $4.49B according to 4 number of analysts. However its lowest revenue estimates are $4.37B and highest revenue estimates are $4.69B. A year ago the company’s sales were $4.65B. Its yearly sales growth estimates are -3.50%. For the next quarter the company has anticipated average revenues of $2.49B, according to the sentiments of 4 analysts. For the current year the company has fixed $17.35B revenues, as per the opinion of 5 analysts. For the current year the company has low revenue estimates of $17.25B in contradiction of high revenue estimates of $17.57B. Whereas for the next year revenues are set at $10.37B by 6 analysts.

The stock exchanged hands 18.19M shares versus average trading capacity of 16.08M shares, while its shares’ total market worth is $7.09B along with 1.01B outstanding shares. Xerox Corp (NYSE:XRX) shares were trading -3.92% below from the 52-week high price mark of $7.32 and +30% above from the 52-week price bottom of $5.41. However the company observed 52 week high price on 04/19/16 and witnessed 52 week low price on 01/20/16. The company’s price sits 13.42% above from its 50-day moving average of $8.81 and 10.74% far from the stock’s 200-day moving average which is $9.50. Xerox Corp (NYSE:XRX)’s price to sales ratio for trailing twelve month stands at 0.41, whereas its price to book ratio for most recent quarter sits at 0.77. However the company’s price to cash per share for most recent quarter stands at 5.09. Its price to free cash flow for trailing twelve months is 9.01.

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