https://seekingalpha.com/article/4593417-xerox-holdings-the-juggernaut-of-yesteryear-is-disappearing?mailingid=31138406&messageid=tech_daily&serial=31138406.25468&utm_campaign=Tech%2BDaily%2BV1%2B2023-04-12&utm_content=tech_daily_control&utm_medium=email&utm_source=seeking_alpha&utm_term=Tech%2BDaily
Summary:
- Year-on-year flat revenues and margin contractions look worrisome.
- Management has some initiatives to increase margins, these may take years though.
- The financials of the company are underwhelming.
- A simple DCF analysis suggests the company is not a good buy.
The only reason for a hold and not a sell recommendation for current investors is the hope that Carl Icahn is successful in unlocking shareholder value.