NCR Voyix (NYSE:VYX) Issues Quarterly Earnings Results, Beats Expectations By $0.09 EPS

NCR Voyix (NYSE:VYX) released its quarterly earnings data on Thursday. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09, Briefing.com reports. The company had revenue of $684.00 million during the quarter, compared to analysts’ expectations of $669.06 million. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. The firm’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.01 earnings per share. NCR Voyix updated its FY 2025 guidance to 0.850-0.900 EPS.

NCR Voyix Price Performance

VYX traded up $0.22 on Friday, hitting $10.91. 2,336,310 shares of the company’s stock were exchanged, compared to its average volume of 1,720,582. NCR Voyix has a fifty-two week low of $7.55 and a fifty-two week high of $15.34. The stock has a market cap of $1.51 billion, a price-to-earnings ratio of 1.53 and a beta of 1.70. The firm has a 50-day moving average price of $12.19 and a 200-day moving average price of $12.00. The company has a current ratio of 1.16, a quick ratio of 0.96 and a debt-to-equity ratio of 1.27.

Hedge Funds Weigh In On NCR Voyix

Institutional investors and hedge funds have recently bought and sold shares of the business. Royal Bank of Canada lifted its stake in NCR Voyix by 130.9% during the first 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 in the last quarter. AQR Capital Management LLC grew its position in NCR Voyix by 56.5% in the 1st quarter. AQR Capital Management LLC now owns 60,111 shares of the company’s stock valued at $586,000 after acquiring an additional 21,698 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in NCR Voyix by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock worth $848,000 after purchasing an additional 4,181 shares during the period. Goldman Sachs Group Inc. lifted its position in shares of NCR Voyix by 27.7% during the first quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company’s stock worth $16,306,000 after purchasing an additional 362,834 shares in the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of NCR Voyix by 13.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 408,773 shares of the company’s stock valued at $3,986,000 after purchasing an additional 49,642 shares during the period. 97.00% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

VYX has been the topic of a number of analyst reports. Weiss Ratings restated a “hold (c-)” rating on shares of NCR Voyix in a research report on Thursday, October 30th. UBS Group set a $18.00 price objective on NCR Voyix in a research report on Monday, September 29th. Stifel Nicolaus upped their target price on NCR Voyix from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Zacks Research raised shares of NCR Voyix from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 7th. Finally, Oppenheimer upped their price objective on shares of NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.57.

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.