#4 - Xerox (NYSE:XRX)
Xerox (XRX) RSI Score = 44.01
Investors may think Xerox (NYSE:XRX) is one of the last bastions of a dying industry. However, the printing and digital document services company looks to have a couple of catalysts. To begin with while the company’s legacy printing business is in decline in the United States, it looks to have demand coming from emerging markets. And, the company is evolving to help take advantage of the emerging digital packaging industry.
Looking at fundamentals from its most recent earnings report, Xerox reported earnings that came in below analysts’ estimates, but revenue was a slight beat. Morningstar has given Xerox a $30 target price and the consensus price target for XRX stock is over $19 per share. That would be a gain of over 10% from current level. And investors can enjoy a nice dividend that currently totals $1.00 per year with a current dividend ratio of over 5%.
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.
Read More - Current Price
- $14.02
- Consensus Rating
- Sell
- Ratings Breakdown
- 0 Buy Ratings, 0 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $14.50 (3.4% Upside)
