NCR Voyix (NYSE:VYX) Stock Gets Price Target Trim from The Goldman Sachs Group

NCR Voyix (NYSE:VYX) had its target price lowered by The Goldman Sachs Group from $9.75 to $8.00 in a research report report published on Tuesday, Marketbeat reports. The firm currently has a neutral rating on the stock.

VYX has been the topic of several other research reports. Royal Bank Of Canada raised their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Needham & Company LLC reaffirmed a “buy” rating and set a $14.00 target price on shares of NCR Voyix in a research report on Tuesday, September 29th. Finally, Weiss Ratings upgraded shares of NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $12.20.

NCR Voyix Stock Performance

VYX opened at $7.57 on Tuesday. The firm has a market capitalization of $1.04 billion, a P/E ratio of 18.91 and a beta of 1.42. The stock’s 50 day moving average price is $7.74 and its two-hundred day moving average price is $7.51. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. NCR Voyix has a 12-month low of $6.02 and a 12-month high of $12.06.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.15 by $0.02. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%. The company had revenue of $523.00 million for the quarter, compared to the consensus estimate of $515.95 million. During the same period in the previous year, the business posted $0.19 EPS. The company’s revenue for the quarter was down 21.5% on a year-over-year basis. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. On average, equities analysts forecast that NCR Voyix will post 0.68 earnings per share for the current year.

Institutional Trading of NCR Voyix

Several institutional investors have recently bought and sold shares of VYX. Integrated Wealth Concepts LLC acquired a new stake in shares of NCR Voyix in the 2nd quarter valued at $30,000. IFP Advisors Inc grew its holdings in shares of NCR Voyix by 60,644.4% in the 2nd quarter. IFP Advisors Inc now owns 5,467 shares of the company’s stock worth $45,000 after purchasing an additional 5,458 shares during the last quarter. Arizona State Retirement System increased its position in shares of NCR Voyix by 6.0% during the 2nd quarter. Arizona State Retirement System now owns 38,357 shares of the company’s stock worth $313,000 after purchasing an additional 2,174 shares in the last quarter. Corient Private Wealth LP acquired a new stake in shares of NCR Voyix during the 2nd quarter worth about $208,000. Finally, HighTower Advisors LLC acquired a new stake in shares of NCR Voyix during the 2nd quarter worth about $86,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

About NCR Voyix

NCR Voyix Corporation (NYSE: VYX) is a global technology company that provides software and services for retailers and restaurants. Its platform is designed to help businesses manage customer interactions, sales, payments, operations and digital commerce across physical and online channels.

The company’s offerings include point-of-sale systems, self-checkout technology, digital ordering and delivery solutions, payment acceptance, loyalty programs, inventory and workforce management, back-office software, and related implementation and support services.