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NCR Voyix Corporation $VYX Holdings Decreased by Philosophy Capital Management LLC

NCR Voyix logo with Computer and Technology background

Key Points

  • Philosophy Capital Management LLC reduced its stake in NCR Voyix Corporation by **49.5%**, now holding **753,463 shares** valued at approximately **$7.35 million**.
  • Wall Street analysts have a consensus rating of "Moderate Buy" for NCR Voyix, with an average target price of **$14.20**, reflecting recent price target adjustments from firms like Goldman Sachs and Stephens.
  • NCR Voyix reported earnings of **$0.19 EPS**, exceeding analyst estimates, despite a **7.8% revenue decline** compared to last year, as the firm sets a FY 2025 EPS guidance of **0.750-0.800**.
  • MarketBeat previews the top five stocks to own by November 1st.

Philosophy Capital Management LLC decreased its position in NCR Voyix Corporation (NYSE:VYX - Free Report) by 49.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 753,463 shares of the company's stock after selling 737,812 shares during the quarter. NCR Voyix accounts for approximately 0.5% of Philosophy Capital Management LLC's holdings, making the stock its 28th largest position. Philosophy Capital Management LLC owned 0.54% of NCR Voyix worth $7,346,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Spire Wealth Management boosted its position in NCR Voyix by 20.7% during the 1st quarter. Spire Wealth Management now owns 7,930 shares of the company's stock valued at $77,000 after purchasing an additional 1,360 shares during the period. Price T Rowe Associates Inc. MD boosted its position in NCR Voyix by 2.4% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 98,471 shares of the company's stock valued at $1,363,000 after purchasing an additional 2,272 shares during the period. Bfsg LLC raised its stake in NCR Voyix by 12.0% during the 1st quarter. Bfsg LLC now owns 21,570 shares of the company's stock valued at $210,000 after acquiring an additional 2,305 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in NCR Voyix by 3.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 82,775 shares of the company's stock valued at $1,146,000 after acquiring an additional 2,866 shares in the last quarter. Finally, Graypoint LLC raised its stake in NCR Voyix by 14.9% during the 1st quarter. Graypoint LLC now owns 24,816 shares of the company's stock valued at $242,000 after acquiring an additional 3,209 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on VYX. Stephens lifted their target price on NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a research note on Monday, June 9th. Stifel Nicolaus lifted their target price on NCR Voyix from $13.00 to $15.00 and gave the company a "buy" rating in a research note on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to data from MarketBeat.com, NCR Voyix currently has a consensus rating of "Moderate Buy" and an average price target of $14.20.

View Our Latest Report on VYX

NCR Voyix Trading Up 4.7%

Shares of NCR Voyix stock traded up $0.58 on Thursday, reaching $13.08. 647,741 shares of the company were exchanged, compared to its average volume of 1,834,389. The stock has a fifty day moving average price of $13.30 and a 200-day moving average price of $11.28. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 1.84 and a beta of 1.66. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27. NCR Voyix Corporation has a fifty-two week low of $7.55 and a fifty-two week high of $15.34.

NCR Voyix (NYSE:VYX - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.19 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.14 by $0.05. The company had revenue of $666.00 million for the quarter, compared to analyst estimates of $648.13 million. NCR Voyix had a negative return on equity of 2.84% and a net margin of 38.86%.NCR Voyix's revenue for the quarter was down 7.8% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. On average, analysts expect that NCR Voyix Corporation will post -0.86 EPS for the current year.

NCR Voyix Company Profile

(Free Report)

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.

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Institutional Ownership by Quarter for NCR Voyix (NYSE:VYX)

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