Shares of NCR Voyix Corporation (NYSE:VYX - Get Free Report) dropped 7.3% during mid-day trading on Tuesday . The company traded as low as $8.51 and last traded at $8.4750. 874,157 shares traded hands during trading, a decline of 62% from the average daily volume of 2,281,862 shares. The stock had previously closed at $9.14.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on VYX. Royal Bank Of Canada boosted their target price on NCR Voyix from $10.00 to $13.00 and gave the company an "outperform" rating in a research report on Thursday, August 6th. Weiss Ratings raised shares of NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Friday. The Goldman Sachs Group boosted their price objective on shares of NCR Voyix from $8.00 to $9.00 and gave the company a "neutral" rating in a research report on Monday, May 11th. Finally, Needham & Company LLC increased their target price on shares of NCR Voyix from $12.00 to $14.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and a consensus target price of $14.00.
View Our Latest Report on VYX
NCR Voyix Price Performance
The stock has a 50 day moving average of $8.33 and a 200-day moving average of $7.57. The company has a current ratio of 1.07, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $1.16 billion, a P/E ratio of 21.09 and a beta of 1.40.
NCR Voyix (NYSE:VYX - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.02. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.The business had revenue of $523.00 million for the quarter, compared to analyst estimates of $515.95 million. During the same quarter last year, the firm posted $0.19 earnings per share. The business's revenue was down 21.5% compared to the same quarter last year. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. On average, equities research analysts anticipate that NCR Voyix Corporation will post 0.68 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NCR Voyix
Large investors have recently added to or reduced their stakes in the stock. Corient Private Wealth LP bought a new position in NCR Voyix in the 2nd quarter worth about $208,000. HighTower Advisors LLC purchased a new stake in shares of NCR Voyix during the 2nd quarter worth $86,000. California State Teachers Retirement System lifted its position in shares of NCR Voyix by 608.2% during the second quarter. California State Teachers Retirement System now owns 1,232,861 shares of the company's stock valued at $10,072,000 after buying an additional 1,058,772 shares during the last quarter. AXQ Capital LP purchased a new position in NCR Voyix in the second quarter worth $83,000. Finally, BTG Pactual Asset Management US LLC raised its stake in NCR Voyix by 29.3% in the second quarter. BTG Pactual Asset Management US LLC now owns 27,878 shares of the company's stock valued at $228,000 after buying an additional 6,318 shares during the last quarter. 97.00% of the stock is owned by hedge funds and other institutional investors.
About NCR Voyix
(
Get Free Report)
NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.
Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.
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