Brokerages Set NCR Voyix Corporation (NYSE:VYX) PT at $15.57

NCR Voyix Corporation (NYSE:VYX) has earned a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $15.5714.

Several research analysts recently weighed in on the company. Needham & Company LLC reaffirmed a “buy” rating and set a $15.00 target price on shares of NCR Voyix in a research note on Monday, September 29th. Weiss Ratings restated a “sell (d)” rating on shares of NCR Voyix in a research report on Monday. UBS Group set a $18.00 target price on shares of NCR Voyix in a research note on Monday, September 29th. Oppenheimer upped their price target on NCR Voyix from $16.00 to $18.00 and gave the company an “outperform” rating in a report on Monday, September 29th. Finally, Zacks Research downgraded NCR Voyix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th.

Hedge Funds Weigh In On NCR Voyix

A number of institutional investors have recently bought and sold shares of VYX. Federated Hermes Inc. acquired a new stake in NCR Voyix during the 3rd quarter worth about $28,000. Parkside Financial Bank & Trust boosted its holdings in shares of NCR Voyix by 2,835.0% in the second quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock worth $41,000 after buying an additional 3,402 shares during the period. Aster Capital Management DIFC Ltd purchased a new position in shares of NCR Voyix in the third quarter worth approximately $56,000. Blue Trust Inc. raised its holdings in shares of NCR Voyix by 33.5% during the third quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock valued at $60,000 after acquiring an additional 1,193 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its holdings in shares of NCR Voyix by 375.7% during the first quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company’s stock valued at $65,000 after acquiring an additional 5,252 shares during the period. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Price Performance

NYSE VYX opened at $10.37 on Friday. NCR Voyix has a 12 month low of $7.55 and a 12 month high of $14.67. The firm has a market capitalization of $1.44 billion, a PE ratio of -23.57 and a beta of 1.54. The company’s 50 day simple moving average is $10.70 and its 200 day simple moving average is $12.05. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.13 and a quick ratio of 0.94.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. NCR Voyix had a positive return on equity of 5.08% and a negative net margin of 2.15%.The firm had revenue of $1.63 billion during the quarter. As a group, equities research analysts forecast that NCR Voyix will post -0.86 EPS for the current fiscal year.

NCR Voyix Company Profile

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.