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XRX

Xerox Holdings NasdaqGS:XRX Stock Report

Last Price

US$15.07

Market Cap

US$2.3b

7D

-6.8%

1Y

-35.8%

Updated

29 Jun, 2022

Data

Company Financials +
XRX fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance0/6
Financial Health2/6
Dividends5/6

XRX Stock Overview

Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally.

Xerox Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Xerox Holdings
Historical stock prices
Current Share PriceUS$15.07
52 Week HighUS$24.99
52 Week LowUS$14.89
Beta1.68
1 Month Change-18.67%
3 Month Change-25.29%
1 Year Change-35.85%
3 Year Change-58.69%
5 Year Change-47.03%
Change since IPO-60.86%

Recent News & Updates

Jun 29

Xerox CEO/vice chairman has died amid ongoing illness

Xerox (NASDAQ:XRX) has announced the unexpected death of its CEO and Vice Chairman John Visentin. Visentin passed away Tuesday due to complications from an ongoing illness, the company says. It's named Steve Bandrowczak, currently the company's president and chief operations officer, as interim CEO. Bandrowczak is currently responsible for the global operations strategy for Xerox, the company’s business support functions (including business strategy, product and service delivery and information technology) and the company’s newly formed Software and Innovation businesses. “Steve has the active and full support of the Board of Directors and the entire management team in carrying out his duties," says Chairman James Nelson.

Jun 27
Xerox Holdings' (NASDAQ:XRX) Dividend Will Be US$0.25

Xerox Holdings' (NASDAQ:XRX) Dividend Will Be US$0.25

Xerox Holdings Corporation's ( NASDAQ:XRX ) investors are due to receive a payment of US$0.25 per share on 1st of...

Jun 21

Xerox: IoT And Cybersecurity May Help Reduce The Debt

Xerox designs, develops, and sells document management systems, solutions, and other services to clients in the United States, Europe, and other regions. In the last presentation to investors, Xerox noted that digital transformation, cybersecurity, and workflow automation could help Xerox's target markets reach a CAGR of 5%-6%. Even considering the risks, the current price mark fails to represent the company’s future free cash flow. In my opinion, the company is certainly undervalued.

Jun 05
Xerox Holdings (NASDAQ:XRX) Has Announced A Dividend Of US$0.25

Xerox Holdings (NASDAQ:XRX) Has Announced A Dividend Of US$0.25

Xerox Holdings Corporation ( NASDAQ:XRX ) will pay a dividend of US$0.25 on the 1st of August. The dividend yield will...

Shareholder Returns

XRXUS TechUS Market
7D-6.8%2.7%1.6%
1Y-35.8%0.4%-20.8%

Return vs Industry: XRX underperformed the US Tech industry which returned -0.3% over the past year.

Return vs Market: XRX underperformed the US Market which returned -20.4% over the past year.

Price Volatility

Is XRX's price volatile compared to industry and market?
XRX volatility
XRX Average Weekly Movement7.3%
Tech Industry Average Movement9.4%
Market Average Movement8.1%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.2%

Stable Share Price: XRX is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: XRX's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
190623,400John Visentinhttps://www.xerox.com

Xerox Holdings Corporation, a workplace technology company, designs, develops, and sells document management systems and solutions in the United States, Europe, Canada, and internationally. It offers workplace solutions, including desktop monochrome, and color and multifunction printers; digital printing presses and light production devices, and solutions; and digital services that leverage workflow automation, personalization and communication software, content management solutions, and digitization services. The company also provides graphic communications and production solutions; and IT services, end user computing devices, network infrastructure, communications technology, and a range of managed IT solutions, such as technology product support, professional engineering, and commercial robotic process automation.

Xerox Holdings Fundamentals Summary

How do Xerox Holdings's earnings and revenue compare to its market cap?
XRX fundamental statistics
Market CapUS$2.33b
Earnings (TTM)-US$564.00m
Revenue (TTM)US$7.00b

0.3x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XRX income statement (TTM)
RevenueUS$7.00b
Cost of RevenueUS$4.57b
Gross ProfitUS$2.32b
Other ExpensesUS$2.89b
Earnings-US$564.00m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-3.64
Gross Margin33.19%
Net Profit Margin-8.06%
Debt/Equity Ratio96.8%

How did XRX perform over the long term?

See historical performance and comparison

Dividends

6.6%

Current Dividend Yield

-31%

Payout Ratio

Does XRX pay a reliable dividends?

See XRX dividend history and benchmarks
When do you need to buy XRX by to receive an upcoming dividend?
Xerox Holdings dividend dates
Ex Dividend DateJun 29 2022
Dividend Pay DateAug 01 2022
Days until Ex dividend1 day
Days until Dividend pay date32 days

Does XRX pay a reliable dividends?

See XRX dividend history and benchmarks
We’ve recently updated our valuation analysis.

Valuation

Is XRX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XRX?

Other financial metrics that can be useful for relative valuation.

XRX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.8x
Enterprise Value/EBITDA9.4x
PEG Ration/a

Price to Sales Ratio vs Peers

How does XRX's PS Ratio compare to its peers?

XRX PS Ratio vs Peers
The above table shows the PS ratio for XRX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average449.8x
SMCI Super Micro Computer
0.5x17.1%US$2.1b
DDD 3D Systems
2.1x8.8%US$1.3b
SSYS Stratasys
1.9x10.3%US$1.2b
CLPE Clear Peak Energy
1794.9xn/aUS$4.2b
XRX Xerox Holdings
0.3x-1.0%US$2.3b

Price-To-Sales vs Peers: XRX is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (449.8x).


Price to Earnings Ratio vs Industry

How does XRX's PE Ratio compare vs other companies in the US Tech Industry?

Price-To-Sales vs Industry: XRX is good value based on its Price-To-Sales Ratio (0.3x) compared to the US Tech industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is XRX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XRX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: XRX is good value based on its Price-To-Sales Ratio (0.3x) compared to the estimated Fair Price-To-Sales Ratio (1x).


Share Price vs Fair Value

What is the Fair Price of XRX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: XRX ($15.07) is trading below our estimate of fair value ($62.24)

Significantly Below Fair Value: XRX is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XRX's PEG Ratio to determine if it is good value.


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Future Growth

How is Xerox Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

Future Growth Score

3/6

Future Growth Score 3/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


48.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: XRX is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (1.9%).

Earnings vs Market: XRX is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: XRX is expected to become profitable in the next 3 years.

Revenue vs Market: XRX's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: XRX's revenue is forecast to decline over the next 3 years (-1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: XRX's Return on Equity is forecast to be low in 3 years time (8.4%).


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Past Performance

How has Xerox Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-26.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: XRX is currently unprofitable.

Growing Profit Margin: XRX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XRX is unprofitable, and losses have increased over the past 5 years at a rate of 26.2% per year.

Accelerating Growth: Unable to compare XRX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XRX is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (67.6%).


Return on Equity

High ROE: XRX has a negative Return on Equity (-12.49%), as it is currently unprofitable.


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Financial Health

How is Xerox Holdings's financial position?

Financial Health Score

2/6

Financial Health Score 2/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: XRX's short term assets ($4.6B) exceed its short term liabilities ($3.8B).

Long Term Liabilities: XRX's short term assets ($4.6B) do not cover its long term liabilities ($4.9B).


Debt to Equity History and Analysis

Debt Level: XRX's net debt to equity ratio (58.7%) is considered high.

Reducing Debt: XRX's debt to equity ratio has increased from 96.5% to 96.8% over the past 5 years.

Debt Coverage: XRX's debt is not well covered by operating cash flow (13.5%).

Interest Coverage: XRX's interest payments on its debt are well covered by EBIT (3.2x coverage).


Balance Sheet


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Dividend

What is Xerox Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


6.64%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: XRX's dividend (6.64%) is higher than the bottom 25% of dividend payers in the US market (1.59%).

High Dividend: XRX's dividend (6.64%) is in the top 25% of dividend payers in the US market (4.25%)


Stability and Growth of Payments

Stable Dividend: XRX's dividends per share have been stable in the past 10 years.

Growing Dividend: XRX's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: XRX is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (30.3%), XRX's dividend payments are well covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.6yrs

Average management tenure


CEO

John Visentin (59 yo)

4.08yrs

Tenure

US$12,418,877

Compensation

Mr. Giovanni G. Visentin, also known as John, has been Vice Chairman and Chief Executive Officer of Xerox Holdings Corporation since May 14, 2018. Mr. Visentin has been Vice Chairman and Chief Executive Of...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD12.42M) is above average for companies of similar size in the US market ($USD5.49M).

Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: XRX's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: XRX's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Xerox Holdings Corporation's employee growth, exchange listings and data sources


Key Information

  • Name: Xerox Holdings Corporation
  • Ticker: XRX
  • Exchange: NasdaqGS
  • Founded: 1906
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: US$2.334b
  • Shares outstanding: 154.86m
  • Website: https://www.xerox.com

Number of Employees


Location

  • Xerox Holdings Corporation
  • 201 Merritt 7
  • PO Box 4505
  • Norwalk
  • Connecticut
  • 06851-1056
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.