Latest news with #XRX
Yahoo
20 hours ago
- Business
- Yahoo
Why Xerox (XRX) Shares Are Trading Lower Today
What Happened? Shares of document technology company Xerox (NASDAQ:XRX) fell 3.2% in the morning session after Citigroup reinstated coverage on the stock with a "Neutral" rating and a significantly lower price target. The analyst, Asiya Merchant, set a price target of $4.50, which is a significant reduction from the previous target of $11.00. The neutral stance is attributed to several challenges facing the company. Xerox is currently undergoing restructuring and cost-reduction efforts while its core print business continues to see declining trends. According to the analyst, while the company is trying to expand its IT Services division through acquisitions, these moves have not yet led to meaningful revenue growth. This action comes amid other recent negative developments for the company, including the departure of its President and Chief Operating Officer and a recent second-quarter earnings report that missed estimates. The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy Xerox? Access our full analysis report here, it's free. What Is The Market Telling Us Xerox's shares are extremely volatile and have had 37 moves greater than 5% over the last year. In that context, today's move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business. The previous big move we wrote about was 5 days ago when the stock gained 3.1% on the news that stocks continued to rally as investor optimism grew for a potential Federal Reserve interest rate cut in September. This optimism was largely fueled by a recent consumer price index report that showed inflation easing, along with public comments from Treasury Secretary Scott Bessent advocating for a significant 50-basis-point rate cut. The prospect of lower borrowing costs tends to boost rate-sensitive sectors like Business Services, as it can encourage companies to increase spending on consulting, IT projects, and staffing. Xerox is down 52.4% since the beginning of the year, and at $3.93 per share, it is trading 65.3% below its 52-week high of $11.33 from August 2024. Investors who bought $1,000 worth of Xerox's shares 5 years ago would now be looking at an investment worth $215.99. Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
02-08-2025
- Business
- Yahoo
Xerox Holdings Second Quarter 2025 Earnings: US$0.87 loss per share (vs US$0.12 profit in 2Q 2024)
Xerox Holdings (NASDAQ:XRX) Second Quarter 2025 Results Key Financial Results Revenue: US$1.58b (flat on 2Q 2024). Net loss: US$109.0m (down from US$15.0m profit in 2Q 2024). US$0.87 loss per share (down from US$0.12 profit in 2Q 2024). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period Xerox Holdings Earnings Insights Looking ahead, revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 6.0% growth forecast for the Tech industry in the US. Performance of the American Tech industry. The company's shares are down 35% from a week ago. Risk Analysis We should say that we've discovered 4 warning signs for Xerox Holdings (2 can't be ignored!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
31-07-2025
- Business
- Yahoo
Xerox's 2025 Margin Cut Undermines Transformation Hopes
Xerox Holdings Corp. (NASDAQ:XRX) shares tumbled sharply on Thursday after the company reported a wider-than-expected loss for the fiscal second quarter of 2025 and significantly lowered its full-year guidance, raising concerns about the pace and impact of its ongoing strategic overhaul. The document management and technology services provider posted a modest 0.1% year-over-year decline in revenue to $1.58 billion, slightly ahead of the consensus estimate of $1.55 billion. On a constant currency basis, revenue fell 1.1%. However, the company's bottom line deeply missed Wall Street expectations, with an adjusted loss per share of 64 cents compared to analysts' forecast of an 8-cent loss, triggering a steep sell-off in the weakness was pronounced in the company's equipment segment, where sales declined 5.6%. By contrast, post-sale revenue, which includes services, consumables, and financing, edged up 1.5%. Gross margin contracted by 440 basis points to 28.6%. Equipment gross margin dropped dramatically by 1,050 basis points to 24.0%, while post-sale margin decreased by 260 basis points to 29.9%. Adjusted operating income fell to $59 million from $85 million a year ago, with the operating margin narrowing by 170 basis points to 3.7%. Xerox ended the quarter with $449 million in cash and equivalents, but used $11 million in operating cash flow, a reversal from prior quarters that had seen positive free cash generation. View more earnings on XRX Chief Executive Officer Steve Bandrowczak attributed the company's resilience in a volatile market to the early benefits of its Reinvention strategy, a multi-year transformation plan aimed at repositioning Xerox as a vertically integrated provider of workflow and technology solutions. A cornerstone of this plan is the acquisition of Lexmark, which Bandrowczak described as 'an important milestone' in expanding Xerox's IT and digital services capabilities. 'Our second quarter reflects the improved resiliency of financial results afforded by Reinvention,' Bandrowczak said in a statement. 'Growth in IT and Digital Solutions helped deliver stable revenue, and a focus on costs preserved profitability amid a volatile operating landscape.' Outlook Looking ahead, however, the company struck a more cautious tone. Xerox lowered its full-year free cash flow guidance to $250 million, down sharply from the prior range of $350 million to $400 million. It also cut its expected adjusted operating margin to 4.5%, below the previous forecast of at least 5.0%. The company now anticipates constant currency revenue growth of 16% to 17%, significantly above the earlier low single-digit outlook, largely reflecting the addition of Lexmark to its portfolio. Despite management's confidence in its long-term transformation, investors have yet to be convinced. Xerox shares have plummeted 51% year-to-date and have now missed consensus earnings estimates for four consecutive quarters. Revenue has fallen short in two of the last four. The company said that the revised guidance includes Lexmark's financial results beginning July 1 and reflects $30 to 35 million of expected tariff-related expenses, net of mitigation efforts, modest Lexmark-related synergies and a slightly more conservative Print equipment demand outlook amid ongoing tariff and government policy-related uncertainty. Price Action: At last check Thursday, Xerox stock was trading down 21.7% at $4.09, reflecting deepening investor concern over both near-term execution risks and the viability of the company's reinvention efforts. Photo via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? XEROX HOLDINGS (XRX): Free Stock Analysis Report This article Xerox's 2025 Margin Cut Undermines Transformation Hopes originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Sign in to access your portfolio
Yahoo
26-07-2025
- Business
- Yahoo
Xerox Holdings Corporation (XRX) Announces Updates to Xerox PrimeLink B9100 Production Press Series and Xerox FreeFlow Workflow Software
Xerox Holdings Corporation (NASDAQ:XRX), having a share price under $10, strong hedge fund interest, and a low price-to-earnings ratio, ranks among the . A computer engineer seated in front of several connected consoles, illustrating the depth of cloud services offered by the company. Xerox Holdings Corporation (NASDAQ:XRX) announced critical updates to its Xerox PrimeLink B9100 Production Press Series and Xerox FreeFlow Workflow Software on July 16, 2025. According to the updates to the PrimeLink B9100 Production Press Series, efficiency is boosted and secure transactional printing is enabled with the new dual oversized high-capacity feeders and Fiery server. Furthermore, an optional Job Vitals Light feature is added, providing instant job status visibility across the production floor. Meanwhile, for FreeFlow Workflow Software, the PowerSplit Accelerator is included in FreeFlow Core, enabling faster processing of complex jobs, while Vision Connect now delivers enhanced data reporting, predictive monitoring, and interactive insights. With the help of its Xerox Workplace Cloud and FreeFlow platforms, Xerox Holdings Corporation (NASDAQ:XRX) utilizes cloud technology, offering secure print management, authentication, and mobility workflows. It is included in our list of the best cloud stocks. While we acknowledge the potential of XRX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
26-07-2025
- Business
- Yahoo
Xerox Holdings Corporation (XRX) Announces Updates to Xerox PrimeLink B9100 Production Press Series and Xerox FreeFlow Workflow Software
Xerox Holdings Corporation (NASDAQ:XRX), having a share price under $10, strong hedge fund interest, and a low price-to-earnings ratio, ranks among the . A computer engineer seated in front of several connected consoles, illustrating the depth of cloud services offered by the company. Xerox Holdings Corporation (NASDAQ:XRX) announced critical updates to its Xerox PrimeLink B9100 Production Press Series and Xerox FreeFlow Workflow Software on July 16, 2025. According to the updates to the PrimeLink B9100 Production Press Series, efficiency is boosted and secure transactional printing is enabled with the new dual oversized high-capacity feeders and Fiery server. Furthermore, an optional Job Vitals Light feature is added, providing instant job status visibility across the production floor. Meanwhile, for FreeFlow Workflow Software, the PowerSplit Accelerator is included in FreeFlow Core, enabling faster processing of complex jobs, while Vision Connect now delivers enhanced data reporting, predictive monitoring, and interactive insights. With the help of its Xerox Workplace Cloud and FreeFlow platforms, Xerox Holdings Corporation (NASDAQ:XRX) utilizes cloud technology, offering secure print management, authentication, and mobility workflows. It is included in our list of the best cloud stocks. While we acknowledge the potential of XRX as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and 11 Best Mineral Stocks to Buy According to Hedge Funds. Disclosure: None.
