Zacks Research Analysts Reduce Earnings Estimates for Xerox

Xerox Holdings Co. (NASDAQ:XRX) – Stock analysts at Zacks Research lowered their Q3 2026 EPS estimates for shares of Xerox in a report issued on Thursday, February 19th. Zacks Research analyst Team now forecasts that the information technology services provider will post earnings per share of $0.17 for the quarter, down from their prior estimate of $0.36. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Xerox’s current full-year earnings is $1.07 per share. Zacks Research also issued estimates for Xerox’s FY2026 earnings at $0.80 EPS and Q1 2027 earnings at $0.09 EPS.

Xerox (NASDAQ:XRX) last released its quarterly earnings results on Thursday, January 29th. The information technology services provider reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.25). The company had revenue of $2.03 billion during the quarter, compared to the consensus estimate of $2.08 billion. Xerox had a negative net margin of 14.65% and a negative return on equity of 8.26%. The firm’s revenue was up 25.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.36 earnings per share.

Other analysts also recently issued reports about the company. Citigroup restated a “neutral” rating and issued a $2.50 price target (down from $3.50) on shares of Xerox in a research note on Friday, January 30th. Weiss Ratings assumed coverage on shares of Xerox in a research report on Wednesday, January 28th. They set a “sell (d-)” rating on the stock. Two equities research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average target price of $2.50.

Xerox Price Performance

Xerox stock opened at $1.81 on Monday. The company has a market capitalization of $231.75 million, a price-to-earnings ratio of -0.22 and a beta of 1.72. The company has a current ratio of 1.12, a quick ratio of 0.80 and a debt-to-equity ratio of 8.94. Xerox has a 12 month low of $1.74 and a 12 month high of $7.79. The stock’s 50 day moving average is $2.32 and its 200-day moving average is $3.00.

Institutional Trading of Xerox

Institutional investors and hedge funds have recently modified their holdings of the business. Gabelli Funds LLC lifted its holdings in Xerox by 4.5% during the second quarter. Gabelli Funds LLC now owns 58,000 shares of the information technology services provider’s stock valued at $306,000 after purchasing an additional 2,500 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of 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 valued at $333,000 after buying an additional 2,838 shares in the last quarter. CANADA LIFE ASSURANCE Co boosted its holdings 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 worth $868,000 after buying an additional 3,138 shares during the period. Cidel Asset Management Inc. grew its stake in Xerox by 34.3% in the 3rd quarter. Cidel Asset Management Inc. now owns 14,505 shares of the information technology services provider’s stock valued at $55,000 after buying an additional 3,701 shares in the last quarter. Finally, Cetera Investment Advisers raised its holdings in Xerox by 33.2% during the 2nd quarter. Cetera Investment Advisers now owns 17,320 shares of the information technology services provider’s stock valued at $91,000 after acquiring an additional 4,319 shares during the period. 85.36% of the stock is currently owned by institutional investors.

Xerox Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 5.5%. The ex-dividend date of this dividend is Tuesday, March 31st. Xerox’s dividend payout ratio (DPR) is currently -1.22%.

Xerox Company Profile

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.