NCR Voyix Corporation (NYSE:VYX) Receives Average Rating of "Moderate Buy" from Analysts

Key Points

• NCR Voyix Corporation has received a consensus rating of "Moderate Buy" from six research firms, with one hold rating and five buy ratings.
• The average target price among analysts for NCR Voyix is $15.17, with Stifel Nicolaus and Stephens both raising their target prices to $15.00.
• The company's latest earnings report shows a net margin of 38.86% and earnings per share of $0.19, exceeding estimates despite a quarterly revenue decline of 7.8%.

NCR Voyix Corporation (NYSE:VYX - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the six research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is $15.1667.

Several analysts have recently weighed in on VYX shares. Stifel Nicolaus lifted their target price on shares of NCR Voyix from $13.00 to $15.00 and gave the company a "buy" rating in a report on Friday, August 8th. UBS Group set a $18.00 target price on shares of NCR Voyix in a report on Monday. Oppenheimer reaffirmed an "outperform" rating on shares of NCR Voyix in a report on Monday. Stephens boosted their price objective on shares of NCR Voyix from $12.00 to $15.00 and gave the stock an "overweight" rating in a report on Monday, June 9th. Finally, Needham & Company LLC reissued a "buy" rating and set a $15.00 price objective on shares of NCR Voyix in a report on Monday.

Institutional Trading of NCR Voyix

Institutional investors have recently added to or reduced their stakes in the stock. Aristeia Capital L.L.C. purchased a new stake in shares of NCR Voyix in the first quarter valued at about $317,000. Spire Wealth Management lifted its holdings in shares of NCR Voyix by 20.7% in the first 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 in the last quarter. Invesco Ltd. lifted its holdings in shares of NCR Voyix by 14.0% in the first quarter. Invesco Ltd. now owns 1,313,909 shares of the company's stock valued at $12,811,000 after purchasing an additional 161,771 shares in the last quarter. Hsbc Holdings PLC lifted its holdings in shares of NCR Voyix by 17.8% in the first quarter. Hsbc Holdings PLC now owns 32,349 shares of the company's stock valued at $314,000 after purchasing an additional 4,898 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its holdings in shares of NCR Voyix by 2.3% in the first quarter. Principal Financial Group Inc. now owns 728,597 shares of the company's stock valued at $7,104,000 after purchasing an additional 16,569 shares in the last quarter. Hedge funds and other institutional investors own 97.00% of the company's stock.

NCR Voyix Stock Performance

NYSE VYX traded up $0.22 during trading on Monday, reaching $12.82. The company's stock had a trading volume of 294,834 shares, compared to its average volume of 1,786,240. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 1.80 and a beta of 1.66. NCR Voyix has a twelve month low of $7.55 and a twelve month high of $15.34. The business's fifty day moving average price is $13.14 and its 200-day moving average price is $11.47.

NCR Voyix (NYSE:VYX - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.19 earnings per share for the quarter, beating the consensus estimate of $0.14 by $0.05. The business had revenue of $666.00 million for the quarter, compared to the consensus estimate of $648.13 million. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. The business's quarterly revenue was down 7.8% compared to the same quarter last year. During the same quarter 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. As a group, analysts anticipate that NCR Voyix will post -0.86 EPS for the current fiscal year.

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.

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