Xerox Holdings Corporation (XRX) Stock Dips While Market Gains: Key Facts

Company Performance - Xerox Holdings Corporation (XRX) closed at $16.21, reflecting a -0.98% change from the previous day, underperforming the S&P 500's gain of 0.03% [1] - The stock has decreased by 0.61% over the past month, compared to the Industrial Products sector's gain of 0.39% and the S&P 500's loss of 0.9% [1] - The upcoming earnings per share (EPS) is projected to be$ 0.37, indicating a 24.49% decrease year-over-year, with revenue expected at $1.58 billion, an 8.01% decline from the same quarter last year [1] Full Year Estimates - For the full year, the Zacks Consensus Estimates project an EPS of$ 2.27 and revenue of $6.56 billion, showing changes of +24.73% and -4.79% respectively from the previous year [2] Analyst Estimates and Valuation - Recent changes in analyst estimates for Xerox Holdings Corporation reflect near-term business trends, with positive revisions indicating a favorable outlook on business health and profitability [2] - The Zacks Rank system currently rates Xerox Holdings Corporation at 3 (Hold), with the consensus EPS estimate remaining unchanged over the last 30 days [3] - The company's Forward P/E ratio is 7.2, aligning with the industry's average Forward P/E of 7.2 [3] Industry Context - The Office Supplies industry, part of the Industrial Products sector, holds a Zacks Industry Rank of 103, placing it in the top 41% of over 250 industries [3]