Xerox Corp. (NYSE:XRX) will probably be issuing its Q316 quarterly earnings information on Friday, October 28th. Analysts assume the firm to announce earnings of $0.27 per share and income of $4.31 billion to the quarter. Xerox Corp. has set its FY16 advice at $1.10-1.twenty EPS.Events considering listening on the company’s conference get in touch with can do so employing this website link.
Xerox Corp. (NYSE:XRX) final announced its earnings benefits on Friday, July 29th. The business reported $0.thirty earnings per share (EPS) for your quarter, beating the Thomson Reuters’ consensus estimate of $0.25 by $0.05. Xerox Corp. had a return on equity of twelve.36% and also a net margin of 2.49%. The company earned $4.forty billion during the quarter, compared to analyst estimates of $4.39 billion. Through the similar quarter within the previous 12 months, the business earned $0.22 earnings per share. The company’s income for that quarter was down 69.8% in comparison with the exact same quarter last year. On normal, analysts anticipate Xerox Corp. to submit $1.13 EPS for that present fiscal year and $1.15 EPS for the next fiscal year.
Xerox Corp. (NYSE:XRX) opened at 9.65 on Thursday. Xerox Corp. has a twelve month low of $8.48 as well as a twelve month substantial of $11.39. The firm’s 50 day moving typical cost is $9.83 and its 200 day moving average price tag is $9.83. The stock has a industry cap of $9.78 billion, a price-to-earnings ratio of 25.twenty in addition to a beta of one.29.
The enterprise also not too long ago declared a quarterly dividend, that will be paid on Tuesday, January 31st. Traders of record on Thursday, December 15th are going to be paid a dividend of $0.0775 per share. The ex-dividend date is Tuesday, December 13th. This represents a $0.31 annualized dividend plus a yield of 3.21%. Xerox Corp.’s dividend payout ratio is currently 75.61%.
Several equities research analysts not long ago commented on XRX shares. Vetr lowered shares of Xerox Corp. from a “strong-buy” rating to a “hold” rating and set a $9.96 price target on the stock. in a investigate note on Tuesday, September 13th. Piper Jaffray Cos. reiterated an “overweight” rating on shares of Xerox Corp. in a investigation note on Saturday, July 2nd. Barclays PLC reiterated an “underweight” rating and set a $11.00 rate target (up from $10.00) on shares of Xerox Corp. in the exploration note on Tuesday, August 2nd. SunTrust Banking institutions Inc. started coverage on shares of Xerox Corp. within a research note on Tuesday, September 13th. They set a “buy” rating and a $13.00 cost target to the stock. Ultimately, Zacks Investment Study lowered shares of Xerox Corp. from a “buy” rating to a “hold” rating inside a exploration note on Wednesday, October 19th. 1 investment analyst has rated the stock using a promote rating, nine have assigned a hold rating and 3 have issued a acquire rating towards the business. Xerox Corp. at the moment has an normal rating of “Hold” in addition to a consensus target price of $11.10.
In related information, Chairman Ursula M. Burns sold 3,317 shares from the business’s stock inside a transaction dated Monday, August 15th. The shares had been offered at an regular price of $9.85, for any total transaction of $32,672.45. The transaction was disclosed in the filing using the SEC, that's available by this website link. Also, insider Herve Tessler offered 13,000 shares of your business’s stock inside a transaction dated Wednesday, August 3rd. The stock was sold at an regular price of $9.89, for any complete transaction of $128,570.00. Following the sale, the insider now immediately owns 110,319 shares within the corporation, valued at roughly $1,091,054.91. The disclosure for this sale is usually found here. Insiders own 0.37% of the company’s stock.
Numerous hedge money have just lately added to or diminished their stakes during the company. Advantus Capital Management Inc enhanced its stake in Xerox Corp. by 1.0% during the 2nd quarter. Advantus Capital Management Inc now owns 92,639 shares of the company’s stock well worth $879,000 immediately after acquiring an extra 909 shares in the final quarter. Bank of Nova Scotia increased its stake in Xerox Corp. by six.8% within the second quarter. Financial institution of Nova Scotia now owns 18,950 shares from the company’s stock really worth $180,000 following shopping for an additional 1,200 shares during the last quarter. Pacer Advisors Inc. improved its stake in Xerox Corp. by 8.9% inside the 2nd quarter. Pacer Advisors Inc. now owns 17,603 shares from the company’s stock really worth $167,000 after buying an additional one,444 shares within the last quarter. Wetherby Asset Management Inc. enhanced its stake in Xerox Corp. by sixteen.1% from the second quarter. Wetherby Asset Management Inc. now owns 16,465 shares on the company’s stock well worth $156,000 after obtaining an additional 2,285 shares during the final quarter. Finally, BOKF NA increased its stake in Xerox Corp. by 1.2% while in the second quarter. BOKF NA now owns 199,069 shares from the company’s stock worth $1,889,000 after acquiring an extra two,341 shares within the final quarter. 83.91% on the stock is at the moment owned by hedge money as well as other institutional traders.
Xerox Corp. Enterprise Profile
Xerox Corporation is engaged in imaging, business enterprise process, analytics, automation and user-centric insights. The Company’s segments include things like Solutions, Document Technological innovation together with other. The Company’s Companies section comprises two kinds of support offerings: Organization Method Outsourcing (BPO) and Document Outsourcing (DO).