(1888PressRelease)
April 24, 2009 - Mira, Portugal – SADIF Investment Analytics SA, today announced the release of a new equity research report covering Xerox Corporation (XRX). The report utilizes SADIF's powerful StockMarks™ stock rating system and is required reading for any current or potential Xerox Corporation investor.
Report Summary: US-based printer and photocopier company Xerox Corporation reports first quarter 2009 earnings on April 24th. On March 20th the company lowered its first quarter earnings expectations from 16-20 cents per share to 3-5 cents per share. Xerox has suffered as a result of reduced technology spending by companies. The company announced that it saw an 18% decline in total revenue during January and February, compared to the same period in 2008. This shows an acceleration of the deterioration in the company's revenue from the fourth quarter of 2008 when total revenue dropped 10% compared to the fourth quarter of 2007. Xerox broke even in fourth quarter with net income of USD 1M, down from USD 382M in the year-earlier period. The company's performance and investor expectations over the past six months have been weak, impacting Xerox's share price which has fallen 51% since the start of October, dropping further than the 27% decline in the broader S&P500 index. However, in order to assess whether the company's long-term outlook is as poor as its share price suggests, we should focus on analyzing its long-term fundamentals. We can assess Xerox's fundamentals through the use of the StockMarks framework. Xerox currently has an overall long-term investment-attractiveness rating (Total StockMark or SMT) of 45, rating the company close to the US market average. This rating places Xerox third among eight of the company's closest US-listed peers, selected on the basis of similarity of business, market positioning factors such as size and share comparisons.
The complete report breaks down the Total StockMark into its three components – business, management and price, performing a thorough analysis of Xerox Corporation for long-term investors.
A summary of the StockMarks™ ratings for Xerox Corporation is available here:
http://sadifanalytics.com/stockmarks/company.php?ticker=XRX&cod_country=125
The report has been distributed to Reuters, and forwarded to Yahoo Finance and FT.com. It is available under 'Analyst Reports' from these websites, from multiple professional platforms including Reuters Knowledge, TheMarkets.com and Thomson Research or directly from SADIF-Investment Analytics SA at:
http://sadifanalytics.com/stockmarks/article/hist_article.php?cod_country=125
About SADIF-Investment Analytics SA:
SADIF-Investment Analytics SA is an independent investment research company covering sixteen different markets and over 12,000 companies. The StockMarks™ system is based on proven investment principles and is designed to drive long-term shareholder returns.
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