Xerox Corporation designs, develops, and sells document management systems and solutions worldwide. It offers managed document services, including managed print services and multi-channel communication services, as well as a range of digital solutions, such as workflow automation services, content management, and digitization services. The company also provides desktop monochrome and color printers, and multifunction printers; copiers, digital printing presses and light production devices, and solutions; graphic communications and commercial printers; inkjet presses; and FreeFlow portfolio of software solutions for the automation and integration of print jobs processing. In addition, it sells paper products, wide-format systems, and global imaging systems network integration solutions. The company sells its products and services directly to its customers through sales force, as well as through independent agents, dealers, value-added resellers, systems integrators, and the Web. Xerox Corporation was founded in 1906 and is headquartered in Norwalk, Connecticut.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Computer peripheral equipment, not elsewhere classified
Sub-IndustryOffice Electronics
SectorBusiness Services
Current SymbolNYSE:XRX
Previous Symbol
CUSIP98412110
Phone203-968-3000
Debt
Debt-to-Equity Ratio0.92
Current Ratio1.82
Quick Ratio1.47
Price-To-Earnings
Trailing P/E Ratio7.18
Forward P/E Ratio7.31
P/E GrowthN/A
Sales & Book Value
Annual Sales$10.27 billion
Price / Sales0.58
Cash Flow$5.5556 per share
Price / Cash Flow4.50
Book Value$20.79 per share
Price / Book1.20
Profitability
EPS (Most Recent Fiscal Year)$3.48
Net Income$195 million
Net Margins0.34%
Return on Equity16.50%
Return on Assets5.63%
Miscellaneous
Employees35,300
Outstanding Shares238,280,000
Market Cap$6.08 billion
OptionableOptionable
Xerox (NYSE:XRX) Frequently Asked Questions
What is Xerox's stock symbol?
Xerox trades on the New York Stock Exchange (NYSE) under the ticker symbol "XRX."
How often does Xerox pay dividends? What is the dividend yield for Xerox?
Xerox announced a quarterly dividend on Thursday, October 18th. Stockholders of record on Monday, December 31st will be paid a dividend of $0.25 per share on Thursday, January 31st. This represents a $1.00 dividend on an annualized basis and a dividend yield of 4.00%. The ex-dividend date is Friday, December 28th. View Xerox's Dividend History.
When did Xerox's stock split? How did Xerox's stock split work?
Xerox shares reverse split on Wednesday, June 14th 2017. The 1-4 reverse split was announced on Tuesday, May 23rd 2017. The number of shares owned by shareholders was adjusted after the closing bell on Tuesday, June 13th 2017. An investor that had 100 shares of Xerox stock prior to the reverse split would have 25 shares after the split.
How were Xerox's earnings last quarter?
Xerox Corp (NYSE:XRX) issued its quarterly earnings results on Tuesday, October, 23rd. The information technology services provider reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.78 by $0.07. The information technology services provider had revenue of $2.35 billion for the quarter, compared to the consensus estimate of $2.42 billion. Xerox had a net margin of 0.34% and a return on equity of 16.50%. Xerox's quarterly revenue was down 5.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.89 earnings per share. View Xerox's Earnings History.
When is Xerox's next earnings date?
What price target have analysts set for XRX?
6 Wall Street analysts have issued 1-year target prices for Xerox's stock. Their predictions range from $34.00 to $40.00. On average, they anticipate Xerox's share price to reach $36.3333 in the next twelve months. This suggests a possible upside of 45.3% from the stock's current price. View Analyst Price Targets for Xerox.
What is the consensus analysts' recommendation for Xerox?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Xerox in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Xerox.
Has Xerox been receiving favorable news coverage?
News stories about XRX stock have been trending somewhat positive recently, InfoTrie Sentiment reports. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Xerox earned a media sentiment score of 1.2 on InfoTrie's scale. They also assigned media headlines about the information technology services provider a news buzz of 7.0 out of 10, meaning that recent press coverage is likely to have an effect on the stock's share price in the immediate future.
Who are some of Xerox's key competitors?
Some companies that are related to Xerox include Palo Alto Networks (PANW), Fortinet (FTNT), Logitech International (LOGI), SEIKO EPSON COR/ADR (SEKEY), FireEye (FEYE), HTC (HTCXF), Forescout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Mitek Systems (MITK), Immersion (IMMR), AstroNova (ALOT), RADCOM (RDCM), Identiv (INVE) and TransAct Technologies (TACT).
Who are Xerox's key executives?
Xerox's management team includes the folowing people:
- Mr. William F. Osbourn Jr., Exec. VP & CFO (Age 53)
- Mr. Hervé N. Tessler, Exec. VP & Pres of International Operations (Age 55)
- Mr. Michael David Feldman, Exec. VP & Pres of North America Operations (Age 51)
- Mr. Giovanni G. Visentin, Vice Chairman & CEO (Age 56)
- Mr. Steven John Bandrowczak, Exec. VP, Pres & COO (Age 57)
Who are Xerox's major shareholders?
Xerox's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (9.98%), Bank of New York Mellon Corp (3.51%), LSV Asset Management (2.46%), Alliancebernstein L.P. (2.56%), Dimensional Fund Advisors LP (2.34%) and Mason Capital Management LLC (1.50%). Company insiders that own Xerox stock include Carl C Icahn, Herve Tessler, Keith Cozza, Michael David Feldman and Yehia Abouelmaaty Omar. View Institutional Ownership Trends for Xerox.
Which institutional investors are selling Xerox stock?
XRX stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Mason Capital Management LLC, Renaissance Technologies LLC, FMR LLC, DekaBank Deutsche Girozentrale, Morgan Stanley, Retirement Systems of Alabama and Panagora Asset Management Inc.. Company insiders that have sold Xerox company stock in the last year include Carl C Icahn, Herve Tessler and Michael David Feldman. View Insider Buying and Selling for Xerox.
Which institutional investors are buying Xerox stock?
XRX stock was acquired by a variety of institutional investors in the last quarter, including State of New Jersey Common Pension Fund D, Vanguard Group Inc., Goldentree Asset Management LP, First Trust Advisors LP, Neuberger Berman Group LLC, Dimensional Fund Advisors LP, TIAA CREF Investment Management LLC and Teachers Advisors LLC. View Insider Buying and Selling for Xerox.
How do I buy shares of Xerox?
Shares of XRX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Xerox's stock price today?
One share of XRX stock can currently be purchased for approximately $25.00.
How big of a company is Xerox?
Xerox has a market capitalization of $6.08 billion and generates $10.27 billion in revenue each year. The information technology services provider earns $195 million in net income (profit) each year or $3.48 on an earnings per share basis. Xerox employs 35,300 workers across the globe.
What is Xerox's official website?
How can I contact Xerox?
Xerox's mailing address is P.O. Box 4505 201 Merritt 7, Norwalk CT, 06851. The information technology services provider can be reached via phone at 203-968-3000 or via email at [email protected]
MarketBeat Community Rating for Xerox (NYSE XRX)
MarketBeat's community ratings are surveys of what our community members think about Xerox and other stocks. Vote "Outperform" if you believe XRX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe XRX will underperform the S&P 500 over the long term. You may vote once every thirty days.
