NCR Voyix Corporation (NYSE:VYX) Receives $15.57 Average Target Price from Brokerages

NCR Voyix Corporation (NYSE:VYX) has been given a consensus rating of “Moderate Buy” by the eight ratings firms that are presently covering the company, MarketBeat reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $15.5714.

Several research analysts have commented on VYX shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a research note on Monday, December 29th. Needham & Company LLC restated a “buy” rating and issued a $15.00 target price on shares of NCR Voyix in a report on Monday, September 29th. Zacks Research cut shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Oppenheimer increased 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. Finally, UBS Group set a $18.00 price objective on shares of NCR Voyix in a research note on Monday, September 29th.

Hedge Funds Weigh In On NCR Voyix

Several hedge funds have recently bought and sold shares of the business. Contrarian Capital Management L.L.C. lifted its position in shares of NCR Voyix by 2.1% during the third quarter. Contrarian Capital Management L.L.C. now owns 48,000 shares of the company’s stock worth $602,000 after purchasing an additional 1,000 shares during the last quarter. State of Alaska Department of Revenue lifted its holdings in NCR Voyix by 1.4% during the 2nd quarter. State of Alaska Department of Revenue now owns 81,997 shares of the company’s stock valued at $961,000 after buying an additional 1,117 shares in the last quarter. Blue Trust Inc. boosted its position in NCR Voyix by 33.5% in the 3rd quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock valued at $60,000 after buying an additional 1,193 shares during the period. Intech Investment Management LLC grew its stake in NCR Voyix by 1.7% in the 2nd quarter. Intech Investment Management LLC now owns 73,821 shares of the company’s stock worth $866,000 after acquiring an additional 1,259 shares in the last quarter. Finally, Amalgamated Bank grew its stake in NCR Voyix by 3.4% in the 3rd quarter. Amalgamated Bank now owns 40,871 shares of the company’s stock worth $513,000 after acquiring an additional 1,358 shares in the last quarter. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Trading Up 2.5%

VYX opened at $11.03 on Wednesday. The stock has a 50-day moving average of $10.35 and a 200 day moving average of $11.93. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.30. NCR Voyix has a 12 month low of $7.55 and a 12 month high of $14.67. The firm has a market cap of $1.53 billion, a P/E ratio of -25.06 and a beta of 1.46.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings data on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. The business had revenue of $1.63 billion during the quarter. NCR Voyix had a positive return on equity of 5.08% and a negative net margin of 2.15%.NCR Voyix has set its FY 2025 guidance at 0.850-0.900 EPS. As a group, research analysts forecast that NCR Voyix will post -0.86 EPS for the current year.

About NCR Voyix

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.