News headlines about Xerox Corporation (NYSE:XRX) have trended positive recently, according to Accern Sentiment. Accern identifies positive and negative media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Xerox Corporation earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned news articles about the information technology services provider an impact score of 46.8221602123676 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Accern’s analysis:

Several equities research analysts recently commented on XRX shares. ValuEngine upgraded Xerox Corporation from a “buy” rating to a “strong-buy” rating in a research report on Saturday, June 17th. Morgan Stanley cut their price target on Xerox Corporation from $34.00 to $32.00 and set an “overweight” rating on the stock in a report on Wednesday, April 26th. Credit Suisse Group increased their price target on Xerox Corporation from $32.00 to $34.00 and gave the stock an “outperform” rating in a report on Wednesday, August 2nd. Loop Capital reiterated a “buy” rating and issued a $38.00 price target (up previously from $36.00) on shares of Xerox Corporation in a report on Wednesday, August 2nd. Finally, Zacks Investment Research upgraded Xerox Corporation from a “sell” rating to a “hold” rating in a report on Wednesday, June 28th. Six analysts have rated the stock with a hold rating and nine have issued a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $37.23.

Xerox Corporation (NYSE XRX) traded up 0.70% on Friday, hitting $31.66. The stock had a trading volume of 1,739,045 shares. Xerox Corporation has a 1-year low of $22.90 and a 1-year high of $32.99. The stock has a 50 day moving average price of $30.11 and a 200 day moving average price of $28.99. The company’s market cap is $8.05 billion.

Xerox Corporation (NYSE:XRX) last posted its earnings results on Tuesday, August 1st. The information technology services provider reported $0.87 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.03. Xerox Corporation had a return on equity of 15.28% and a net margin of 4.55%. The firm had revenue of $2.57 billion for the quarter, compared to the consensus estimate of $2.60 billion. During the same quarter in the prior year, the business earned $0.26 EPS. The business’s revenue for the quarter was down 8.1% on a year-over-year basis. On average, equities research analysts expect that Xerox Corporation will post $3.36 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Friday, September 29th will be given a $0.25 dividend. This is a boost from Xerox Corporation’s previous quarterly dividend of $0.06. This represents a $1.00 dividend on an annualized basis and a dividend yield of 3.16%. The ex-dividend date is Thursday, September 28th. Xerox Corporation’s payout ratio is currently 12.08%.

WARNING: This piece of content was originally published by Daily Political and is the property of of Daily Political. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at

About Xerox Corporation

Xerox Corporation is engaged in imaging, business process, analytics, automation and user-centric insights. The Company’s segments include Services, Document Technology and Other. The Company’s Services segment includes service offerings, such as BPO and Document Outsourcing (DO). It provides business services in markets across various industries and to government agencies.

Insider Buying and Selling by Quarter for Xerox Corporation (NYSE:XRX)

Receive News & Ratings for Xerox Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xerox Corporation and related companies with's FREE daily email newsletter.