Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.6%. By the end of trading, Xerox Corporation fell 13 cents (-1.8%) to $7.29 on light volume. Throughout the day, eight million shares of Xerox Corporation exchanged hands as compared to its average daily volume of 12.8 million shares. The stock ranged in price between $7.27-$7.41 after having opened the day at $7.41 as compared to the previous trading day's close of $7.42. Other companies within the Consumer Durables industry that declined today were:
), down 10.8%,
), down 3.8%,
), down 3.7%, and
), down 3.5%.
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Xerox Corporation provides business process and information technology (IT) outsourcing, and document management services worldwide. Xerox Corporation has a market cap of $9.32 billion and is part of the
sector. The company has a P/E ratio of 8.2, above the average consumer durables industry P/E ratio of 7.9 and below the S&P 500 P/E ratio of 17.7. Shares are down 6.9% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate Xerox Corporation a buy, one analyst rates it a sell, and three rate it a hold.
TheStreet Ratings rates Xerox Corporation as a
. The company's strengths can be seen in multiple areas, such as its attractive valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, weak operating cash flow and a generally disappointing performance in the stock itself.
- You can view the full Xerox Ratings Report.
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For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider
) while those bearish on the consumer durables industry could consider
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