News headlines about Xerox (NYSE:XRX) have been trending somewhat positive on Thursday, Accern Sentiment Analysis reports. The research firm ranks the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Xerox earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the information technology services provider an impact score of 45.762961687243 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Chartists Placing Xerox Corp (XRX) on Their Radar as Shares Move -0.27 – Clawson News (clawsonnews.com)
- Xerox Corporation (XRX) Ex-Dividend Date Scheduled for December 28, 2017 – Nasdaq (nasdaq.com)
- 12 Fabulous Fortune Reads From 2017 (finance.yahoo.com)
- Should Income Investors Buy Xerox Corporation (NYSE:XRX) Before Its Ex-Dividend? (finance.yahoo.com)
- Hot Tickers: Xerox Corporation (XRX), Marinus Pharmaceuticals, Inc. (MRNS) – Market Movers (financialqz.com)
Xerox (NYSE XRX) traded up $0.07 on Thursday, hitting $29.48. 908,700 shares of the company were exchanged, compared to its average volume of 2,399,820. The company has a debt-to-equity ratio of 0.97, a current ratio of 1.63 and a quick ratio of 1.33. Xerox has a one year low of $25.84 and a one year high of $35.84. The company has a market capitalization of $7,490.00, a price-to-earnings ratio of 13.91 and a beta of 1.13.
Xerox (NYSE:XRX) last posted its quarterly earnings data on Thursday, October 26th. The information technology services provider reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.06. Xerox had a net margin of 5.29% and a return on equity of 17.23%. The business had revenue of $2.50 billion during the quarter, compared to the consensus estimate of $2.49 billion. During the same quarter last year, the company posted $0.84 earnings per share. The firm’s quarterly revenue was down 5.0% compared to the same quarter last year. analysts predict that Xerox will post 3.38 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 31st. Investors of record on Friday, December 29th will be issued a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, December 28th. This represents a $1.00 dividend on an annualized basis and a yield of 3.39%. Xerox’s dividend payout ratio (DPR) is presently 47.17%.
A number of research firms have weighed in on XRX. ValuEngine raised shares of Xerox from a “hold” rating to a “buy” rating in a research note on Friday, September 1st. UBS Group dropped their price objective on shares of Xerox from $36.00 to $34.50 and set a “neutral” rating on the stock in a research note on Friday, October 27th. Zacks Investment Research lowered shares of Xerox from a “hold” rating to a “sell” rating in a research note on Thursday, October 5th. Finally, Barclays reaffirmed an “equal weight” rating and issued a $35.00 price objective (up from $33.00) on shares of Xerox in a research note on Tuesday, September 12th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $35.50.
In related news, EVP Herve Tessler sold 6,000 shares of the firm’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $28.59, for a total transaction of $171,540.00. Following the completion of the sale, the executive vice president now owns 35,878 shares in the company, valued at $1,025,752.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.29% of the company’s stock.
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Xerox Corporation is a provider of digital print technology and related solutions. The Company has capabilities in imaging and printing, data analytics, and the development of secure and automated solutions to help customers improve productivity. The Company’s primary offerings span three main areas: Managed Document Services, Workplace Solutions and Graphic Communications.
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