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
SymbolNYSE:XRX
CUSIP98412110
Phone203-968-3000
Debt
Debt-to-Equity Ratio0.89
Current Ratio1.84
Quick Ratio1.50
Price-To-Earnings
Trailing P/E Ratio7.74
Forward P/E Ratio8.16
P/E GrowthN/A
Sales & Book Value
Annual Sales$10.27 billion
Price / Sales0.67
Cash Flow$5.8186 per share
Price / Cash4.63
Book Value$20.79 per share
Price / Book1.30
Profitability
EPS (Most Recent Fiscal Year)$3.48
Net Income$195 million
Net Margins1.22%
Return on Equity16.63%
Return on Assets5.59%
Miscellaneous
Employees35,300
Outstanding Shares255,100,000
Market Cap$6.69 billion
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 declared a quarterly dividend on Thursday, July 19th. Shareholders of record on Friday, September 28th will be paid a dividend of $0.25 per share on Wednesday, October 31st. This represents a $1.00 annualized dividend and a yield of 3.71%. The ex-dividend date of this dividend is Thursday, September 27th. 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 Thursday, July, 26th. The information technology services provider reported $0.80 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.83 by $0.03. The information technology services provider earned $2.51 billion during the quarter, compared to analyst estimates of $2.49 billion. Xerox had a return on equity of 16.63% and a net margin of 1.22%. The business's revenue was down 2.2% on a year-over-year basis. During the same period last year, the company posted $0.87 EPS. View Xerox's Earnings History.
When is Xerox's next earnings date?
What price target have analysts set for XRX?
7 brokerages have issued 1-year price targets for Xerox's shares. Their forecasts range from $34.50 to $40.00. On average, they expect Xerox's share price to reach $36.70 in the next year. This suggests a possible upside of 36.2% from the stock's current price. View Analyst Price Targets for Xerox.
What is the consensus analysts' recommendation for Xerox?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Xerox in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Xerox.
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/GDR (SEKEY), FireEye (FEYE), HTC (HTCXF), Forescout Technologies (FSCT), Stratasys (SSYS), Digital China (DCHIF), Immersion (IMMR), Mitek Systems (MITK), RADCOM (RDCM), AstroNova (ALOT), TransAct Technologies (TACT) and Identiv (INVE).
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 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)
Has Xerox been receiving favorable news coverage?
News coverage about XRX stock has trended positive this week, Accern Sentiment reports. The research group identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xerox earned a media and rumor sentiment score of 0.32 on Accern's scale. They also assigned media coverage about the information technology services provider an impact score of 42.66 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company's share price in the near future. View Recent Headlines for Xerox.
Who are Xerox's major shareholders?
Xerox's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.00%), Boston Partners (3.56%), LSV Asset Management (2.48%), Dimensional Fund Advisors LP (2.01%), FMR LLC (1.76%) and Alps Advisors Inc. (1.27%). Company insiders that own Xerox stock include Carl C Icahn, Herve Tessler, Joseph H Mancini, Keith Cozza, Leslie F Varon, Ursula M Burns and Yehia Abouelmaaty Omar. View Institutional Ownership Trends for Xerox.
Which major investors are selling Xerox stock?
XRX stock was sold by a variety of institutional investors in the last quarter, including Advisors Asset Management Inc., Great West Life Assurance Co. Can, Polaris Capital Management LLC, Standard Life Aberdeen plc, KBC Group NV, Bank of Montreal Can, FMR LLC and Robeco Institutional Asset Management B.V.. Company insiders that have sold Xerox company stock in the last year include Carl C Icahn and Herve Tessler. View Insider Buying and Selling for Xerox.
Which major investors are buying Xerox stock?
XRX stock was purchased by a variety of institutional investors in the last quarter, including Boston Partners, Indus Capital Partners LLC, Alps Advisors Inc., Morgan Stanley, First Trust Advisors LP, Point72 Asset Management L.P., Clearline Capital LP and BlackRock Inc.. 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 $26.94.
How big of a company is Xerox?
Xerox has a market capitalization of $6.69 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.
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.
