Xerox Jumps Hard On Fuji News

Xerox (XRX) is the world's leading enterprise for business process and document management. Its technology, expertise and services enable workplaces - from small businesses to large global enterprises - to simplify the way work gets done so they operate more effectively and focus more on what matters most: their real business. Headquartered in Norwalk, Conn., Xerox offers business process outsourcing and IT outsourcing services, including data processing, healthcare solutions, HR benefits management, finance support, transportation solutions, and customer relationship management services for commercial and government organizations worldwide. The company also provides extensive leading-edge document technology, services, software and genuine Xerox supplies for graphic communication and office printing environments of any size.

Xerox was in the news today with the announcement that it will be acquired by Japanese firm Fuji Film Holdings. Under the deal, Fuji will control 50.1% of Xerox in exchange for $6.1 billion. Fuji gives up a stake in an Asian-Pacific joint venture with Xerox to raise those funds. The new company will be called Fuji-Xerox Current Xerox shareholders will receive @$9.80/share of stock.

Of course, it remains to be seen if this merger is the answer to the problems for old-school copy machine firms in an era of cloud storage, pdf files, and the constant and long-term decline in hard copies for just about every possible application.

We continue our BUY recommendation on XEROX CORP for 2018-01-30. Based on the information we have gathered and our resulting research, we feel that XEROX CORP has the probability to OUTPERFORM average market performance for the next year. The company exhibits ATTRACTIVE Company Size and P/E Ratio.

 

ValuEngine Forecast

 

Target
Price*

Expected
Return

1-Month

32.98 0.93%

3-Month

32.98 0.91%

6-Month

33.08 1.23%

1-Year

36.31 11.11%

2-Year

36.55 11.85%

3-Year

39.19 19.93%
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Comments

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Sam Klagsbrun 11 months ago Member's comment

Fuji Xerox has become a name to reckon with in the printing industry. The coming together of both these companies will surely lead to better things in future I guess.

Alexa Graham 2 years ago Member's comment

#Fuji is acquiring #Xerox? What is in it for them? $XRX