NCR Voyix Co. (NYSE:VYX) Receives Average Recommendation of "Moderate Buy" from Brokerages

Shares of NCR Voyix Co. (NYSE:VYX - Get Free Report) have been given an average rating of "Moderate Buy" by the six analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $15.17.

A number of research firms have recently weighed in on VYX. Royal Bank of Canada reissued an "outperform" rating and set a $17.00 target price on shares of NCR Voyix in a research report on Tuesday, March 25th. Needham & Company LLC decreased their target price on NCR Voyix from $20.00 to $15.00 and set a "buy" rating for the company in a research report on Friday, February 28th. Finally, The Goldman Sachs Group lowered their target price on NCR Voyix from $13.00 to $11.00 and set a "neutral" rating on the stock in a research note on Wednesday, April 2nd.

Institutional Trading of NCR Voyix

A number of hedge funds and other institutional investors have recently bought and sold shares of VYX. KLP Kapitalforvaltning AS purchased a new stake in shares of NCR Voyix in the fourth quarter worth $412,000. Smartleaf Asset Management LLC grew its stake in NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company's stock worth $31,000 after buying an additional 1,423 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of NCR Voyix by 6.3% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,746,088 shares of the company's stock worth $38,006,000 after buying an additional 163,206 shares during the last quarter. Geode Capital Management LLC raised its position in shares of NCR Voyix by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 3,266,734 shares of the company's stock valued at $44,338,000 after buying an additional 86,709 shares in the last quarter. Finally, Franklin Resources Inc. lifted its holdings in shares of NCR Voyix by 6.1% during the 3rd quarter. Franklin Resources Inc. now owns 903,293 shares of the company's stock worth $11,942,000 after acquiring an additional 51,779 shares during the last quarter. Institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Performance

Shares of NYSE VYX traded up $0.24 during mid-day trading on Friday, reaching $8.51. 930,562 shares of the company's stock were exchanged, compared to its average volume of 1,867,036. The firm has a market capitalization of $1.18 billion, a price-to-earnings ratio of 1.97 and a beta of 1.49. The firm has a 50-day moving average price of $9.84 and a two-hundred day moving average price of $12.27. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. NCR Voyix has a 52 week low of $7.55 and a 52 week high of $15.34.

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.