Zacks Research Has Negative Forecast for Xerox Q1 Earnings

Xerox Holdings Co. (NYSE:XRX) – Equities researchers at Zacks Research reduced their Q1 2025 earnings estimates for Xerox in a research report issued on Tuesday, February 18th. Zacks Research analyst R. Department now expects that the information technology services provider will post earnings of $0.08 per share for the quarter, down from their prior estimate of $0.17. The consensus estimate for Xerox’s current full-year earnings is $1.18 per share. Zacks Research also issued estimates for Xerox’s FY2025 earnings at $1.10 EPS, Q2 2026 earnings at $0.17 EPS, Q3 2026 earnings at $0.26 EPS, Q4 2026 earnings at $0.48 EPS and FY2026 earnings at $1.31 EPS.

A number of other analysts have also recently commented on the company. JPMorgan Chase & Co. reduced their target price on Xerox from $11.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. StockNews.com downgraded shares of Xerox from a “buy” rating to a “hold” rating in a report on Wednesday, February 5th. Finally, Morgan Stanley cut their target price on shares of Xerox from $10.00 to $8.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. Three equities research analysts have rated the stock with a sell rating and two have given a hold rating to the company. According to MarketBeat.com, Xerox presently has an average rating of “Reduce” and a consensus price target of $9.50.

Xerox Price Performance

NYSE:XRX opened at $7.85 on Friday. The stock has a market capitalization of $976.30 million, a PE ratio of 8.36 and a beta of 1.59. Xerox has a 52 week low of $7.77 and a 52 week high of $19.48. The company has a quick ratio of 0.84, a current ratio of 1.11 and a debt-to-equity ratio of 2.61. The stock’s 50-day moving average price is $8.70 and its 200-day moving average price is $9.41.

Institutional Trading of Xerox

Hedge funds have recently made changes to their positions in the business. Gladius Capital Management LP purchased a new position in Xerox in the third quarter valued at $29,000. Picton Mahoney Asset Management lifted its stake in Xerox by 330.5% during the fourth quarter. Picton Mahoney Asset Management now owns 3,758 shares of the information technology services provider’s stock worth $31,000 after purchasing an additional 2,885 shares during the last quarter. TD Waterhouse Canada Inc. purchased a new position in Xerox in the fourth quarter valued at approximately $51,000. US Bancorp DE raised its holdings in Xerox by 42.3% during the third quarter. US Bancorp DE now owns 6,353 shares of the information technology services provider’s stock worth $66,000 after purchasing an additional 1,888 shares in the last quarter. Finally, KBC Group NV boosted its holdings in shares of Xerox by 84.5% in the 4th quarter. KBC Group NV now owns 9,223 shares of the information technology services provider’s stock valued at $78,000 after buying an additional 4,224 shares in the last quarter. Institutional investors and hedge funds own 85.36% of the company’s stock.

Xerox Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Monday, March 31st will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a dividend yield of 6.37%. Xerox’s dividend payout ratio is presently -9.31%.

About Xerox

Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in the Americas, Europe, the Middle East, Africa, India, and internationally. The company operates through two segments, Print and Other; and FITTLE.