Is Xerox (XRX) Stock Undervalued Right Now?

Core Viewpoint - Xerox (XRX) is currently considered a strong value stock due to its favorable Zacks Rank and valuation metrics [2][3] Valuation Metrics - Xerox has a P/E ratio of 8.18, significantly lower than the industry average P/E of 16.16 [2] - The stock's Forward P/E has fluctuated between 6.69 and 13.33 over the past year, with a median of 9.17 [2] - Xerox's P/CF ratio stands at 9.19, compared to the industry's average P/CF of 17.47, indicating potential undervaluation [2] Earnings Outlook - The strength of Xerox's earnings outlook supports the notion that the stock is undervalued at present [3]