NCR Co. (NYSE:NCR) EVP James Bedore sold 2,707 shares of the stock in a transaction on Monday, December 2nd. The shares were sold at an average price of $32.45, for a total value of $87,842.15. Following the completion of the sale, the executive vice president now owns 48,700 shares of the company’s stock, valued at $1,580,315. The sale was disclosed in a filing with the SEC, which is available at this link.
NYSE:NCR traded up $0.37 on Wednesday, reaching $32.35. The stock had a trading volume of 736,088 shares, compared to its average volume of 958,919. The company has a current ratio of 1.35, a quick ratio of 0.98 and a debt-to-equity ratio of 5.20. The company has a 50-day moving average of $31.31 and a 200 day moving average of $31.25. The stock has a market cap of $4.19 billion, a P/E ratio of 12.35 and a beta of 1.64. NCR Co. has a 12-month low of $20.93 and a 12-month high of $35.08.
NCR (NYSE:NCR) last posted its quarterly earnings data on Thursday, November 7th. The information technology services provider reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.67 by $0.06. The company had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.62 billion. NCR had a net margin of 1.30% and a return on equity of 79.96%. The firm’s revenue for the quarter was up 15.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.58 EPS. On average, equities analysts predict that NCR Co. will post 2.8 EPS for the current year.
Several analysts recently issued reports on the company. TheStreet downgraded NCR from a “b-” rating to a “c” rating in a report on Friday, November 8th. ValuEngine downgraded NCR from a “hold” rating to a “sell” rating in a report on Wednesday, October 2nd. Morgan Stanley reiterated a “hold” rating and issued a $31.00 price target on shares of NCR in a report on Sunday, September 22nd. DA Davidson increased their price target on NCR from $40.00 to $41.00 and gave the company a “buy” rating in a report on Tuesday, September 24th. Finally, Wells Fargo & Co assumed coverage on NCR in a report on Wednesday, September 18th. They issued an “outperform” rating and a $45.00 price target for the company. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, three have given a buy rating and one has issued a strong buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $37.63.
NCR Company Profile
NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The company's Software segment offers industry-based software platforms, applications, and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.
Featured Article: Understanding Average Daily Trade Volume
Receive News & Ratings for NCR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCR and related companies with MarketBeat.com's FREE daily email newsletter.