Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Consumer Durables industry lower today making it today's featured Consumer Durables laggard. The industry as a whole closed the day down 0.5%. By the end of trading, Xerox Corporation fell $0.11 (-1.0%) to $10.67 on average volume. Throughout the day, 10,717,981 shares of Xerox Corporation exchanged hands as compared to its average daily volume of 12,483,100 shares. The stock ranged in price between $10.65-$10.86 after having opened the day at $10.76 as compared to the previous trading day's close of $10.78. Other companies within the Consumer Durables industry that declined today were:
), down 21.5%,
), down 3.5%,
), down 3.4% and
), down 3.3%.
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Xerox Corporation provides business process and document management services worldwide. Xerox Corporation has a market cap of $13.2 billion and is part of the technology sector. Shares are down 11.4% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Xerox Corporation a buy, 2 analysts rate it a sell, and 1 rates it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its solid stock price performance, largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.
- You can view the full Xerox Corporation Ratings Report.
On the positive front,
), up 3.4%,
), up 3.2%,
), up 2.3% and
), up 1.8%.
- Use our consumer durables section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
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
- Find other investment ideas from our top rated ETFs lists.