What is Zacks Research's Estimate for Xerox FY2026 Earnings?

Key Points

• Zacks Research lowered its FY2026 EPS estimate for Xerox to $0.18, down from $0.21 and below the $0.19 consensus estimate. The firm maintains a “Hold” rating.
• Xerox recently reported stronger-than-expected quarterly results, with EPS of $0.38 versus the $0.06 consensus and revenue of $1.92 billion, up 22% year over year.
• Xerox shares opened at $2.84, while analysts’ consensus rating remains “Hold” with an average price target of $4.48. Institutional investors own approximately 85.36% of the company.

Xerox Holdings Co. (NASDAQ:XRX - Free Report) - Zacks Research cut their FY2026 earnings per share (EPS) estimates for Xerox in a report issued on Thursday, August 20th. Zacks Research analyst Team now expects that the information technology services provider will post earnings per share of $0.18 for the year, down from their prior estimate of $0.21. Zacks Research has a "Hold" rating on the stock. The consensus estimate for Xerox's current full-year earnings is $0.19 per share. Zacks Research also issued estimates for Xerox's Q4 2026 earnings at $0.29 EPS, Q2 2027 earnings at $0.20 EPS, Q3 2027 earnings at $0.22 EPS, Q4 2027 earnings at $0.27 EPS, Q1 2028 earnings at $0.17 EPS, Q2 2028 earnings at $0.31 EPS and FY2028 earnings at $1.00 EPS.

Several other equities analysts have also weighed in on XRX. Noble Financial initiated coverage on shares of Xerox in a report on Tuesday. They issued an "outperform" rating and a $5.00 target price on the stock. Needham & Company LLC set a $5.00 price target on shares of Xerox in a report on Tuesday. Citigroup reaffirmed a "neutral" rating and set a $3.45 price target (up from $2.50) on shares of Xerox in a research report on Friday, July 31st. Finally, Weiss Ratings reiterated a "sell (d-)" rating on shares of Xerox in a report on Friday, July 24th. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $4.48.

Xerox Trading Down 0.4%

Shares of XRX opened at $2.84 on Friday. Xerox has a 12-month low of $1.19 and a 12-month high of $4.27. The firm has a market capitalization of $372.95 million, a P/E ratio of -0.38 and a beta of 2.40. The firm has a 50-day moving average price of $2.98 and a 200 day moving average price of $2.38. The company has a current ratio of 1.18, a quick ratio of 0.85 and a debt-to-equity ratio of 12.58.

Xerox (NASDAQ:XRX - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The information technology services provider reported $0.38 EPS for the quarter, topping the consensus estimate of $0.06 by $0.32. The business had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.90 billion. Xerox had a positive return on equity of 17.61% and a negative net margin of 11.93%.The company's quarterly revenue was up 22.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.64) EPS.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Gabelli Funds LLC increased its stake in Xerox by 4.5% during the 2nd quarter. Gabelli Funds LLC now owns 58,000 shares of the information technology services provider's stock worth $306,000 after buying an additional 2,500 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in Xerox by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 69,047 shares of the information technology services provider's stock worth $333,000 after buying an additional 2,838 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its position in Xerox by 1.9% in the 2nd quarter. CANADA LIFE ASSURANCE Co now owns 164,566 shares of the information technology services provider's stock valued at $868,000 after buying an additional 3,138 shares during the period. Cetera Investment Advisers grew its stake in shares of Xerox by 33.2% in the second quarter. Cetera Investment Advisers now owns 17,320 shares of the information technology services provider's stock worth $91,000 after acquiring an additional 4,319 shares in the last quarter. Finally, Private Management Group Inc. grew its stake in shares of Xerox by 0.5% in the third quarter. Private Management Group Inc. now owns 1,051,054 shares of the information technology services provider's stock worth $3,952,000 after acquiring an additional 4,986 shares in the last quarter. Hedge funds and other institutional investors own 85.36% of the company's stock.

Xerox Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 3.5%. The ex-dividend date is Wednesday, September 30th. Xerox's payout ratio is -1.36%.

About Xerox

Xerox Holdings Corporation NYSE: XRX is a global provider of document management technology and services. The company designs and manufactures a broad range of multifunction printers, production printers, digital presses and related consumables. In addition to its hardware offerings, Xerox delivers software and workflow automation solutions, managed print services and cloud-based document platforms that help organizations optimize their information-intensive processes.

Founded in 1906 as The Haloid Photographic Company, Xerox pioneered xerographic imaging in the late 1940s, launching the first plain-paper copier in 1959.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source