NCR Voyix (NYSE:VYX) Posts Quarterly Earnings Results, Beats Expectations By $0.05 EPS

Key Points

• NCR Voyix reported a quarterly earnings per share (EPS) of $0.19, exceeding the estimated $0.14, along with revenue of $666 million against expectations of $648.13 million.
• The company updated its fiscal year 2025 guidance to an EPS range of 0.750-0.800, despite a 7.8% decline in revenue compared to the previous year.
• NCR Voyix's stock recently experienced a 1.5% decline, trading at $12.35, with a consensus target price from analysts of $14.50.

NCR Voyix (NYSE:VYX - Get Free Report) released its quarterly earnings results on Thursday, August 7th. The company reported $0.19 earnings per share for the quarter, beating analysts' consensus estimates of $0.14 by $0.05, Briefing.com reports. 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%. NCR Voyix's revenue for the quarter was down 7.8% on a year-over-year basis. During the same quarter last year, the firm earned ($0.20) EPS. NCR Voyix updated its FY 2025 guidance to 0.750-0.800 EPS.

NCR Voyix Stock Performance

NYSE VYX traded down $0.07 during midday trading on Thursday, hitting $12.65. The company had a trading volume of 1,936,226 shares, compared to its average volume of 1,927,983. The company has a quick ratio of 0.96, a current ratio of 1.16 and a debt-to-equity ratio of 1.27. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 1.77 and a beta of 1.67. The firm has a fifty day simple moving average of $12.85 and a two-hundred day simple moving average of $11.19. NCR Voyix has a fifty-two week low of $7.55 and a fifty-two week high of $15.34.

Institutional Trading of NCR Voyix

Several hedge funds and other institutional investors have recently bought and sold shares of VYX. Focus Partners Wealth grew its position in NCR Voyix by 33.7% in the 1st quarter. Focus Partners Wealth now owns 19,245 shares of the company's stock worth $188,000 after purchasing an additional 4,852 shares during the last quarter. Gabelli Funds LLC acquired a new stake in NCR Voyix in the 2nd quarter worth $222,000. Gamco Investors INC. ET AL grew its position in NCR Voyix by 21.4% in the 2nd quarter. Gamco Investors INC. ET AL now owns 26,654 shares of the company's stock worth $313,000 after purchasing an additional 4,704 shares during the last quarter. Quantbot Technologies LP acquired a new stake in NCR Voyix in the 2nd quarter worth $345,000. Finally, Royal Bank of Canada grew its position in NCR Voyix by 130.9% in the 1st quarter. Royal Bank of Canada now owns 51,798 shares of the company's stock worth $505,000 after purchasing an additional 29,366 shares during the last quarter. 97.00% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on VYX. The Goldman Sachs Group lifted their target price on shares of NCR Voyix from $8.50 to $11.00 and gave the stock a "neutral" rating in a report on Friday, May 9th. Stifel Nicolaus lifted their target price on shares of NCR Voyix from $13.00 to $15.00 and gave the stock a "buy" rating in a report on Friday, August 8th. Stephens lifted their target price 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 dropped their target price on shares of NCR Voyix from $15.00 to $13.00 and set a "buy" rating on the stock in a report on Friday, May 9th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $14.20.

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.