Crazy Volume Spikes for: Xerox Corporation (XRX)

XRX generated revenue of $4.32 Billion in the same quarter, one year ago. Looking out over the past year, company shares have been recorded -7.86% off the 52 week high and 23.80% away from the low over the same period.Covering sell-side analysts have recently weighed in on shares of Xerox Corporation (NYSE:XRX). Xerox Corporation P/E (price to earnings) ratio is 12.09 and Forward P/E ratio of 8.15. The business had revenue of $2.70 billion for the quarter, compared to the consensus estimate of $2.77 billion. The firm's market capitalization is $7.03 billion.

Xerox Corporation closed its last trading session at $6.92 with the gain of 2.02%. The stock touched 52-week High of $7.62 on 02/24/17 and 52-week Low of $5.67 on 12/29/16. Analysts mean target price for BlackBerry Ltd (NASDAQ:BBRY) is $7.90 while their mean recommendation is 3.00 (1=Buy, 5=sell).

Beta is also an important valuation ratio for analyzing the stock of the company, XRX has Beta of 1.27 while its industry and Sector's beta remains at 0.76 and 0.92 respectively. When we look at the Volatility of the company, Week Volatility is at 1.41% whereas Month Volatility is at 1.69%. The information technology services provider reported $0.15 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by $0.01. This represents a $0.25 dividend on an annualized basis and a dividend yield of 3.61%. Credit Suisse Group AG raised Xerox Corp from a neutral rating to an outperform rating and upped their price target for the company from $8.00 to $10.00 in a research note on Tuesday, January 3rd. This rating was issued on 1/12/17. For the current year the company's revenue estimates are $10.16B compared to low analyst estimates of $9.99B and high estimates of $10.35B according to the projection of 8 analysts. The return on assets ratio shows how well management is employing the company's total assets to make a profit. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have issued a buy rating to the company's stock. Manning & Napier Advisors LLC now owns 121,178 shares of the information technology services provider's stock valued at $1,227,000 after buying an additional 332 shares during the last quarter. On April 20, 2017, Fujifilm declared it is conducting a review of the accounting at Fuji Xerox's New Zealand partner related to the recovery of receivables associated with certain leasing transactions that occurred in, or before, Fuji Xerox's fiscal year ending March 31, 2016.

Return on Investment measures the amount of return on an investment relative to the investment's cost. The Return on Equity (ROE) value stands at -6.2%.

While looking at the Stock's Performance, Xerox Corporation now shows a Weekly Performance of 0.57%, where Monthly Performance is -1.1%, Quarterly performance is 3.35%, 6 Months performance is 13.34% and yearly performance percentage is -0.76%. The stock is presently trading down its SMA-50 of $7.21.

The stock diminished about -1.35% in the past 5 years, this negative value indicates that the stock constantly going down in previous years as well.