Brokerages Set NCR Voyix Co. (NYSE:VYX) PT at $14.67

NCR Voyix Co. (NYSE:VYX - Get Free Report) has received a consensus rating of "Moderate Buy" from the six brokerages that are currently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $14.67.

Several analysts have recently commented on VYX shares. Royal Bank of Canada restated an "outperform" rating and set a $17.00 price objective on shares of NCR Voyix in a research report on Tuesday, March 25th. Stephens raised their price target on NCR Voyix from $12.00 to $15.00 and gave the company an "overweight" rating in a report on Monday. The Goldman Sachs Group boosted their price objective on NCR Voyix from $8.50 to $11.00 and gave the company a "neutral" rating in a research report on Friday, May 9th. Finally, Needham & Company LLC decreased their target price on NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a research note on Friday, May 9th.

NCR Voyix Stock Performance

NCR Voyix stock traded down $0.24 during midday trading on Monday, reaching $11.92. 1,306,646 shares of the company traded hands, compared to its average volume of 1,806,517. NCR Voyix has a 12 month low of $7.55 and a 12 month high of $15.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The business has a 50 day moving average of $9.62 and a two-hundred day moving average of $11.50. The firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 2.76 and a beta of 1.65.

NCR Voyix (NYSE:VYX - Get Free Report) last posted its quarterly earnings data on Thursday, May 8th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.02 by $0.07. The firm had revenue of $617.00 million for the quarter, compared to the consensus estimate of $608.67 million. NCR Voyix had a negative return on equity of 47.67% and a net margin of 19.08%. The business's revenue for the quarter was down 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $0.13 earnings per share. As a group, research analysts predict that NCR Voyix will post -0.86 earnings per share for the current year.

Insider Transactions at NCR Voyix

In other NCR Voyix news, Director Laura Sen bought 22,550 shares of the company's stock in a transaction on Tuesday, May 13th. The stock was acquired at an average price of $11.04 per share, for a total transaction of $248,952.00. Following the completion of the transaction, the director now directly owns 52,203 shares of the company's stock, valued at approximately $576,321.12. This represents a 76.05% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 0.29% of the company's stock.

Institutional Trading of NCR Voyix

Several institutional investors and hedge funds have recently modified their holdings of VYX. Smartleaf Asset Management LLC increased its holdings in NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock valued at $31,000 after buying an additional 1,423 shares during the period. Caitong International Asset Management Co. Ltd grew its position in shares of NCR Voyix by 375.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company's stock worth $65,000 after buying an additional 5,252 shares during the last quarter. Spire Wealth Management grew its position in shares of NCR Voyix by 20.7% in the 1st quarter. Spire Wealth Management now owns 7,930 shares of the company's stock worth $77,000 after buying an additional 1,360 shares during the last quarter. KBC Group NV raised its stake in shares of NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company's stock worth $99,000 after acquiring an additional 2,540 shares in the last quarter. Finally, AlphaQuest LLC purchased a new stake in NCR Voyix during the first quarter valued at approximately $99,000. Institutional investors own 97.00% of the company's stock.

NCR Voyix Company Profile

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.