9. Xerox (XRX) provides a portfolio of services in document technology and software, and a diverse range of business process and information technology outsourcing support. The company operates in three segments: technology, services, and others.
Total revenue for the second quarter of 2011 increased 2% to $5.6 billion. Relative to other segments, the services segment contribution was higher at 48% of total sales, vs. 46% in the same quarter prior year. The technology segment contributed about 45% of sales.
Operating margin in the second quarter of 2011 stood at 10.4%, expanding 30 basis points from the same quarter last year. Net income stood at $327 million vis-à-vis $236 million in the same quarter of 2010. The scaling up of the high-margin service segment and operational enhancements boosted profitability. The stock is trading at 6.9 times its estimated 2011 earnings and a consensus of analysts expect 54% upside from the current levels. Of the analysts polled, 50% rate it a buy.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV