NCR Voyix (NYSE:VYX) Shares Up 8.1% - Here's What Happened

Key Points

• NCR Voyix shares rose 8.1% in mid-day trading to $9.165, though trading volume was 91% below the stock’s average daily volume.
• Analyst sentiment is broadly positive, with a consensus “Moderate Buy” rating and an average price target of $12.20; individual targets range from $8 to $14.
• The company beat quarterly earnings and revenue expectations, reporting $0.17 EPS and $523 million in revenue, although revenue declined 21.5% year over year. Institutional investors own approximately 97% of the stock.

NCR Voyix Corporation (NYSE:VYX - Get Free Report)'s share price was up 8.1% during mid-day trading on Monday. The company traded as high as $9.09 and last traded at $9.1650. Approximately 210,552 shares were traded during mid-day trading, a decline of 91% from the average daily volume of 2,400,869 shares. The stock had previously closed at $8.48.

Analyst Ratings Changes

VYX has been the subject of a number of research reports. Royal Bank Of Canada lifted their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the company an "outperform" rating in a report on Thursday, August 6th. The Goldman Sachs Group cut their price objective on shares of NCR Voyix from $9.75 to $8.00 and set a "neutral" rating on the stock in a report on Tuesday, October 13th. Weiss Ratings raised NCR Voyix from a "sell (d+)" rating to a "hold (c-)" rating in a research report on Friday, September 4th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $14.00 target price on shares of NCR Voyix in a report on Tuesday, September 29th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $12.20.

NCR Voyix Trading Up 7.3%

The stock has a market cap of $1.26 billion, a PE ratio of 22.74 and a beta of 1.40. The business's fifty day moving average is $7.75 and its 200 day moving average is $7.85. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly 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 analysts' expectations of $515.95 million. During the same quarter in the prior year, the firm posted $0.19 EPS. The company'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. As a group, analysts predict that NCR Voyix Corporation will post 0.68 earnings per share for the current year.

Institutional Investors Weigh In On NCR Voyix

Institutional investors and hedge funds have recently made changes to their positions in the business. Villanova Investment Management Co lifted its holdings in shares of NCR Voyix by 6.5% in the third quarter. Villanova Investment Management Co now owns 498,700 shares of the company's stock valued at $3,411,000 after purchasing an additional 30,390 shares in the last quarter. State of Wyoming grew its position in shares of NCR Voyix by 3.9% in the third quarter. State of Wyoming now owns 85,372 shares of the company's stock valued at $584,000 after purchasing an additional 3,186 shares during the last quarter. IFP Advisors Inc increased its stake in shares of NCR Voyix by 67.8% during the 3rd quarter. IFP Advisors Inc now owns 9,171 shares of the company's stock worth $63,000 after purchasing an additional 3,704 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new position in shares of NCR Voyix during the 3rd quarter worth approximately $824,000. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of NCR Voyix during the 2nd quarter worth approximately $30,000. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

About NCR Voyix

NCR Voyix Corporation NYSE: VYX is a global technology company that provides software, hardware and services for businesses in the retail, restaurant and financial services industries. Its solutions are designed to help companies manage transactions, customer engagement, payments, inventory and other commerce-related operations across physical and digital channels.

The company's offerings include point-of-sale systems, self-checkout technology, payment solutions, order and fulfillment tools, loyalty programs, digital commerce platforms and related hardware and support services.

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