Latest news with #XeroxHoldingsCorporation
Yahoo
24-05-2025
- Business
- Yahoo
Xerox Holdings Corporation (XRX) Cuts Dividend Again, Now Down to $0.025
Xerox Holdings Corporation (NASDAQ:XRX) announced that its Board of Directors has updated its dividend policy ahead of completing the Lexmark acquisition, lowering the quarterly dividend to $0.025 per share, which amounts to $0.10 annually. Based in Connecticut, Xerox Holdings Corporation (NASDAQ:XRX) specializes in creating and manufacturing print and digital document products, along with providing related services. In December 2024, Xerox Holdings Corporation (NASDAQ:XRX) had already announced a dividend cut tied to the Lexmark deal, focusing on paying down debt once the acquisition is finalized. Since then, rising yields on Xerox's publicly traded debt have increased its borrowing costs, making debt reduction even more important. In addition, the anticipated earlier closing of the Lexmark acquisition and ongoing tariff and trade uncertainties have made maintaining financial flexibility a top priority. Mirlanda Gecaj, chief financial officer, made the following comment about the recent development: 'Consistent with our previously stated capital allocation priorities to reduce leverage post-closing, we believe reducing our dividend creates greater financial flexibility to deploy cash in the most accretive manner. The dividend remains an important component of our capital allocation policy as we continue to optimize our allocation framework ahead of the Lexmark acquisition close.' XRX has a dividend yield of 11.12%, as of May 23, and the stock has declined by over 45% since the start of 2025. While we acknowledge the potential of XRX as an investment, our conviction lies in the belief that some deeply undervalued dividend stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. If you are looking for a deeply undervalued dividend stock that is more promising than XRX but that trades at 10 times its earnings and grows its earnings at double digit rates annually, check out our report about the . READ MORE: and Disclosure. None.
Yahoo
14-05-2025
- Business
- Yahoo
Xerox Holdings Corporation (XRX): One of the Underperforming Stocks Targeted By Short Sellers
We recently published a list of . In this article, we are going to take a look at where Xerox Holdings Corporation (NASDAQ:XRX) stands against other underperforming stocks targeted by short sellers. Short interest refers to the percentage of publicly available shares that have been sold short. It is an indicator used by many investors to determine how strong a company's bear thesis may be. Due to the nature of short selling, the short interest has become a popular indicator among investors. The reason it is given so much weightage is that people betting against a stock have usually done solid research and are confident of a company's downfall. They take unlimited risk, so when big investors or the smart money shorts a stock, people take notice. They try to unearth the red flags that may have prompted the high short interest. We decided to dig deeper and try to find out where smart money sees trouble ahead. To come up with our list of 20 underperforming stocks targeted by short sellers, we looked at the worst-performing stocks of the last six months and then ranked them by the short interest. A line of top-of-the-line digital printing presses, churning out documents with precision and accuracy. Short interest: 17.98% 6 months' performance: -58.46% Xerox Holdings Corporation (NASDAQ:XRX) is a workplace technology company. It integrates hardware, software, and services for enterprises. XRX is a developer, designer, and seller of document systems, services, and solutions. The company operates in the Xerox Financial Services (XFS) and Print and Other segments. 2024 proved to be a challenging year for the company. Driven by a continuing decline in its core print business, Q4 revenue dropped by 8.6% YoY. Despite a slight revenue beat supported by ITsavvy contributions, organic growth remained negative, with the core revenue falling 10.2% YoY in constant currency. Xerox Holdings Corporation (NASDAQ:XRX)'s planned acquisition of Lexmark is also raising concerns. One of the major concerns regarding this acquisition is that it is funded by an additional $1.4 billion in debt. If they can implement the acquisition successfully, it could drive a bullish market outlook and short-term EPS growth. However, if the execution fails, it could worsen the financial position of the firm. Another key risk is that the print industry is experiencing an overall decline. Taking on more debt in such a situation is attracting shorts to the stock. Overall, XRX ranks 5th on our list of underperforming stocks targeted by short sellers. While we acknowledge the potential of XRX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than XRX but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
03-05-2025
- Business
- Yahoo
Xerox Holdings Corporation (NASDAQ:XRX) Just Reported, And Analysts Assigned A US$8.80 Price Target
It's been a pretty great week for Xerox Holdings Corporation (NASDAQ:XRX) shareholders, with its shares surging 13% to US$4.84 in the week since its latest first-quarter results. The results were positive, with revenue coming in at US$1.5b, beating analyst expectations by 3.8%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. We've discovered 2 warning signs about Xerox Holdings. View them for free. Following last week's earnings report, Xerox Holdings' four analysts are forecasting 2025 revenues to be US$6.19b, approximately in line with the last 12 months. Earnings are expected to improve, with Xerox Holdings forecast to report a statutory profit of US$3.62 per share. In the lead-up to this report, the analysts had been modelling revenues of US$6.25b and earnings per share (EPS) of US$2.80 in 2025. Although the revenue estimates have not really changed, we can see there's been a considerable lift to earnings per share expectations, suggesting that the analysts have become more bullish after the latest result. View our latest analysis for Xerox Holdings The consensus price target fell 12% to US$8.80, suggesting the increase in earnings forecasts was not enough to offset other the analysts concerns. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. Currently, the most bullish analyst values Xerox Holdings at US$14.91 per share, while the most bearish prices it at US$4.50. As you can see the range of estimates is wide, with the lowest valuation coming in at less than half the most bullish estimate, suggesting there are some strongly diverging views on how analysts think this business will perform. As a result it might not be a great idea to make decisions based on the consensus price target, which is after all just an average of this wide range of estimates. These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Xerox Holdings' past performance and to peers in the same industry. It's also worth noting that the years of declining revenue look to have come to an end, with the forecast stauing flat to the end of 2025. Historically, Xerox Holdings' top line has shrunk approximately 4.2% annually over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenue grow 5.8% per year. Although Xerox Holdings' revenues are expected to improve, it seems that it is still expected to grow slower than the wider industry. The most important thing here is that the analysts upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Xerox Holdings following these results. On the plus side, there were no major changes to revenue estimates; although forecasts imply they will perform worse than the wider industry. The consensus price target fell measurably, with the analysts seemingly not reassured by the latest results, leading to a lower estimate of Xerox Holdings' future valuation. Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have estimates - from multiple Xerox Holdings analysts - going out to 2027, and you can see them free on our platform here. We don't want to rain on the parade too much, but we did also find 2 warning signs for Xerox Holdings (1 can't be ignored!) that you need to be mindful of. 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
Business Wire
24-04-2025
- Business
- Business Wire
Xerox Holdings Corporation Plans Webcast to Discuss 2025 First-Quarter Results
NORWALK, Conn.--(BUSINESS WIRE)-- Xerox Holdings Corporation (NASDAQ: XRX) will host a live audio webcast with online presentation slides at 8 a.m. ET on Thursday, May 1st, to discuss the company's 2025 first-quarter results. A news release containing this information will be issued earlier that day at 6:30 a.m. ET. About Xerox Holdings Corporation (NASDAQ: XRX) For more than 100 years, Xerox has continually redefined the workplace experience. Harnessing our leadership position in office and production print technology, we are a services-led, software-enabled organization that sustainably powers the hybrid workplace of today and tomorrow. Our comprehensive suite of services and solutions, including advanced AI-driven technologies, helps businesses navigate digital transformation, optimize workflows and achieve operational excellence. Today, Xerox is continuing its legacy of innovation to deliver client-centric and digitally driven technology solutions and meet the needs of today's global, distributed workforce. Whether in an office, a classroom, or a hospital, we empower our clients to thrive in an ever-changing business landscape. Learn more at
