Alert: Mixed Investment/Fundamental Signals (12/15/23)-Xerox Holdings Corp (NASDAQ: XRX)


Xerox Holdings Corp (NASDAQ: XRX). Extremely important positive changes in investment behavior have recently occurred: its longer term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, its shorter term price trend turned up, and the stock rose on very heavy volume.

Marginal negative changes in Xerox Holdings Corp (NASDAQ: XRX) fundamentals have recently occurred: significant quarterly earnings deceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of B. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

XRX’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.

Xerox Holdings has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Xerox Holdings has a slightly positive Power Rating of 69 and a good Appreciation Score of 75, triggering the Positive Value Trend Rating.

Recent Price Action

On 12/15/23, Xerox Holdings Corp (NASDAQ: XRX) stock enjoyed a large increase of 4.0%, closing at $18.29. Moreover, trading volume in this advance was exceptionally high at 757% of normal. Relative to the market the stock has been strong over the last nine months and has risen 25.2% during the last week.

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