NCR Company Profile (NYSE:NCR)

NCR trades on the New York Stock Exchange (NYSE) under the ticker symbol "NCR."

NCR announced that its board has approved a share buyback program on Monday, April 10th 2017, which allows the company to repurchase $300,000,000.00 in shares, according to EventVestor. This repurchase authorization allows the company to buy up to 5.6% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company's management believes its shares are undervalued.

NCR Co. (NYSE:NCR) issued its quarterly earnings data on Thursday, April, 20th. The company reported $0.56 EPS for the quarter, topping the Zacks' consensus estimate of $0.46 by $0.10. The firm earned $1.48 billion during the quarter, compared to analysts' expectations of $1.46 billion. NCR had a net margin of 4.13% and a return on equity of 76.86%. NCR's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.38 earnings per share. View NCR's Earnings History.

NCR is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for NCR.

NCR updated its FY17 earnings guidance on Thursday, April, 20th. The company provided earnings per share guidance of $3.32-3.42 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $3.31. NCR also updated its Q2 guidance to $0.72-0.77 EPS.

7 analysts have issued 1-year price targets for NCR's stock. Their forecasts range from $30.00 to $55.00. On average, they anticipate NCR's stock price to reach $46.50 in the next twelve months. View Analyst Ratings for NCR.

Here are some recent quotes from research analysts about NCR stock:

• 1. According to Zacks Investment Research, "NCR is one of the world’s leading consumer transaction technology providers. The stock has outperformed the broader sector over the last one year. We believe, NCR’s growing exposure in the self-service kiosk space is encouraging, given the tremendous growth prospects. The company has also been the global leader in self-service ATMs for several years in terms of market share. NCR remains the largest supplier of ATM machines in Asia-Pacific and North America while maintaining its leadership in the Asian and European markets. By 2020, RBR Research expects India to install base similar to the size of the U.S., trailing only China. This creates huge opportunities for companies like NCR. Going ahead, continuous product launches, growing popularity of its self-service offerings and synergies from acquisitions are the catalysts. However, intense competition from peers and a high debt burden remain concerns." (5/23/2017)
• 2. Royal Bank of Canada analysts commented, "We believe QUIK represents a differentiated investment opportunity in mobile sensor processors. On top of the significant ramp potential for newer sensor hub products, we are encouraged by the company’s continuing IP licensing program momentum. Specifically, with release of the key software tool needed for customers to license QUIK’s eFPGA offering, we have gained confidence in the revenue opportunity in the next several quarters." (3/14/2017)

Some companies that are related to NCR include CDW Corp (CDW), Xerox Corp (XRX), Sabre Corp (SABR), EPAM Systems (EPAM), Science Applications International Corp (SAIC), CACI International (CACI), Acxiom (ACXM), Syntel (SYNT), Globant SA (GLOB), Sykes Enterprises, Incorporated (SYKE), Virtusa (VRTU), Radware (RDWR), Unisys (UIS), 21Vianet Group (VNET), Perficient (PRFT), Digimarc Corp (DMRC), NCI (NCIT) and Internap Corp (INAP).

NCR's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include BLACKSTONE HOLDINGS III L.P. (10.80%), Vanguard Group Inc. (10.36%), BlackRock Inc. (8.80%), LSV Asset Management (4.86%), Alliancebernstein L.P. (3.31%) and State Street Corp (2.95%). Company insiders that own NCR stock include Andrea Ledford, Andrew S Heyman, Edward P Boykin, Frederick Marquardt, Holdings LP Blackstone III, J Robert Ciminera, Paul Langenbahn and William Nuti. View Institutional Ownership Trends for NCR.

NCR's stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Prudential Financial Inc., Alliancebernstein L.P., Chicago Equity Partners LLC, Kirr Marbach & Co. LLC IN, LSV Asset Management, Great West Life Assurance Co. Can and Minneapolis Portfolio Management Group LLC. Company insiders that have sold NCR stock in the last year include Andrea Ledford, Andrew S Heyman, Edward P Boykin, Frederick Marquardt, Holdings LP Blackstone III, J Robert Ciminera, Paul Langenbahn and William Nuti. View Insider Buying and Selling for NCR.

NCR's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Wells Fargo & Company MN, Morgan Stanley, Vanguard Group Inc., Pictet Asset Management Ltd., Gotham Asset Management LLC, TIAA CREF Investment Management LLC and Bank of New York Mellon Corp. View Insider Buying and Selling for NCR.

Shares of NCR can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of NCR stock can currently be purchased for approximately $40.36.