Analyst Ratings for Xerox Corp. (XRX)

Updated: 2017-07-29

Xerox Corp. (NYSE:XRX) was awarded an average rating of Overweight from investment analysts following the stock. XRX had previously received a consensus rating of Overweight a month ago.

Of the 11 analysts covering the stock, 7 gave it a buy rating, 1 issued an overweight rating, 3 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 0. During this time, the number of analysts bearish on the stock has decreased by 1.

A number of analysts gave price targets for XRX. The most optimistic price target was 38, implying potential capital gains of 24.88 percent. The most pessimistic price target was 32, which equates to a potential downside of 5.16 percent. One must be careful with overanalyzing price targets and ratings due to possible conflicts of interest among the analysts releasing them.

Analysts have revised their earnings estimates downwards for this quarter, by about -2.94 percent on average, compared to last month. That number becomes -2.38 percent if we expand the time horizon to include the past 3 months instead of just one. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0.15 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.29 percent.

Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Over the same time period, 0 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

XRX has traded between a high of 41.38 and a low of 25.84 over the past year. Currently the stock is 17.76 percent higher than its low, and 26.46 percent below the high. XRX has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The XRX value stock report compares XRX to some of its peers using value stock charts. The stock has a market capitalization of $7.77 billion. XRX is estimated to release their earnings results for the quarter on 0000-00-00, days from today.