Analysts See $0.79 EPS for Xerox Corp (XRX)

October 7, 2017 - By Linda Rogers

 Analysts See $0.79 EPS for Xerox Corp (XRX)
Investors sentiment decreased to 0.01 in Q2 2017. Its down 1.00, from 1.01 in 2017Q1. It dived, as 403 investors sold Xerox Corp shares while 22 reduced holdings. 2 funds opened positions while 1 raised stakes. 29.05 million shares or 96.44% less from 815.80 million shares in 2017Q1 were reported.
16,883 are held by Adirondack Rech And Mngmt Inc. Moreover, Teachers Retirement Of The State Of Kentucky has 0.01% invested in Xerox Corp (NYSE:XRX). Pictet Asset Management holds 698,592 shares or 0.02% of its portfolio. Virginia-based Burney has invested 0.02% in Xerox Corp (NYSE:XRX). Valueworks Ltd has invested 2.88% in Xerox Corp (NYSE:XRX). Wellington Shields & Com accumulated 7,552 shares. Nelson Roberts Inv Limited Liability Corporation holds 100 shares or 0% of its portfolio. Altfest L J And Comm Incorporated owns 8,297 shares. Jacobs Levy Equity Mgmt has invested 0.03% of its portfolio in Xerox Corp (NYSE:XRX). Fruth Inv Mgmt invested 0.17% of its portfolio in Xerox Corp (NYSE:XRX). Germany-based Meag Munich Ergo Kapitalanlagegesellschaft Mbh has invested 0.04% in Xerox Corp (NYSE:XRX). Riggs Asset Managment Co accumulated 1 shares. Hanson & Doremus holds 46,861 shares or 0.5% of its portfolio. Polaris Cap Llc reported 752,350 shares or 1.27% of all its holdings. Icahn Carl C invested in 3.64% or 24.76 million shares.

Analysts expect Xerox Corp (NYSE:XRX) to report $0.79 EPS on October, 27.They anticipate $0.29 EPS change or 26.85 % from last quarter’s $1.08 EPS. XRX’s profit would be $200.86M giving it 10.42 P/E if the $0.79 EPS is correct. After having $0.87 EPS previously, Xerox Corp’s analysts see -9.20 % EPS growth. The stock decreased 0.33% or $0.11 during the last trading session, reaching $32.92. About 1.00M shares traded. Xerox Corp (NYSE:XRX) has risen 17.43% since October 7, 2016 and is uptrending. It has outperformed by 0.73% the S&P500.

Xerox Corp (NYSE:XRX) Ratings Coverage

Among 12 analysts covering Xerox Corporation (NYSE:XRX), 8 have Buy rating, 1 Sell and 3 Hold. Therefore 67% are positive. Xerox Corporation had 29 analyst reports since July 28, 2015 according to SRatingsIntel. Morgan Stanley maintained Xerox Corp (NYSE:XRX) on Tuesday, April 26 with “Equal-Weight” rating. The stock has “Underweight” rating by Morgan Stanley on Monday, November 7. Goldman Sachs initiated Xerox Corp (NYSE:XRX) on Tuesday, December 1 with “Neutral” rating. As per Friday, June 23, the company rating was maintained by Barclays Capital. The stock of Xerox Corp (NYSE:XRX) has “Equal-Weight” rating given on Monday, July 24 by Barclays Capital. On Monday, July 24 the stock rating was initiated by Loop Capital Markets with “Buy”. Barclays Capital initiated the stock with “Underweight” rating in Wednesday, October 14 report. The rating was maintained by Piper Jaffray with “Overweight” on Saturday, August 29. As per Monday, August 17, the company rating was upgraded by TheStreet. The stock of Xerox Corp (NYSE:XRX) earned “Neutral” rating by Credit Suisse on Tuesday, April 26.

Xerox Corporation is a provider of digital print technology and related solutions. The company has market cap of $8.37 billion. The Firm has capabilities in imaging and printing, data analytics, and the development of secure and automated solutions to help clients improve productivity. It has a 14.28 P/E ratio. The Company’s primary offerings span three main areas: Managed Document Services, Workplace Solutions and Graphic Communications.

More recent Xerox Corp (NYSE:XRX) news were published by: which released: “Former Xerox CEO Ursula Burns appointed to Uber board” on September 30, 2017. Also published the news titled: “Xerox’s Chief Investment Officer Retires” on October 02, 2017.‘s news article titled: “100 jobs cut at US Xerox locations” with publication date: September 18, 2017 was also an interesting one.

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