Added to YB: 2026-07-31
Pitch date: 2026-07-29
XRX [neutral]
Xerox Holdings Corporation
+2.05%
current return
Author Info
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Company Info
Xerox Holdings Corporation, together with its subsidiaries, operates as a workplace technology company that integrates hardware, services, and software for enterprises in North America, Latin America, Europe, the Middle East, Africa, India, and internationally.
Market Cap
$345.3M
Pitch Price
$3.42
Price Target
N/A
Dividend
3.79%
EV/EBITDA
6.44
P/E
-0.36
EV/Sales
0.58
Sector
Technology Hardware, Storage and Peripherals
Category
turnaround
$XRX: Xerox bought its own bonds at 45 cents — and got called a default for it
XRX (overview): USD 357M equity stub on USD 4.4B debt (~USD 3.0B core), guiding ~USD 250M FCF — 1.4x. Bull: new ex-Icahn CEO's deleveraging to 5.6x gross/4.5x net from 7x. Bought back 2028 notes at 45c, earning S&P 'SD' tag. CCC+ neg outlook, distressed exchange, -USD 1.06B NI, secular print decline. Q2 prints Thu 7/30. STARTEEPO 6.84% stake engaging on capital allocation.
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