Shares of NCR Voyix Corporation (NYSE:VYX – Get Free Report) traded up 8.6% during trading on Friday . The company traded as high as $7.67 and last traded at $7.73. 2,066,759 shares changed hands during trading, a decline of 6% from the average session volume of 2,205,347 shares. The stock had previously closed at $7.12.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a research report on Friday, March 27th. Needham & Company LLC reduced their price objective on shares of NCR Voyix from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $13.00 price objective on shares of NCR Voyix in a research report on Thursday, February 26th. Stifel Nicolaus set a $12.00 price objective on shares of NCR Voyix in a research report on Thursday, February 26th. Finally, DA Davidson reduced their price objective on shares of NCR Voyix from $17.00 to $14.00 and set a “buy” rating for the company in a research report on Thursday, March 5th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $13.71.
View Our Latest Research Report on VYX
NCR Voyix Stock Up 10.3%
NCR Voyix (NYSE:VYX – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.10 earnings per share for the quarter, topping analysts’ consensus estimates of $0.08 by $0.02. NCR Voyix had a return on equity of 11.38% and a net margin of 2.20%.The company had revenue of $606.00 million during the quarter, compared to the consensus estimate of $579.57 million. During the same quarter last year, the firm earned $0.09 earnings per share. The company’s revenue was down 1.8% on a year-over-year basis. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, sell-side analysts expect that NCR Voyix Corporation will post 0.67 EPS for the current year.
Institutional Investors Weigh In On NCR Voyix
A number of hedge funds and other institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. raised its stake in NCR Voyix by 33.7% in the third quarter. JPMorgan Chase & Co. now owns 848,673 shares of the company’s stock valued at $10,651,000 after purchasing an additional 213,724 shares in the last quarter. Royce & Associates LP raised its stake in NCR Voyix by 1,570.3% in the third quarter. Royce & Associates LP now owns 578,233 shares of the company’s stock valued at $7,257,000 after purchasing an additional 543,615 shares in the last quarter. Vanguard Group Inc. raised its stake in NCR Voyix by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 18,087,393 shares of the company’s stock valued at $184,491,000 after purchasing an additional 383,873 shares in the last quarter. Segall Bryant & Hamill LLC acquired a new position in NCR Voyix in the third quarter valued at about $2,527,000. Finally, ADW Capital Management LLC acquired a new position in NCR Voyix in the third quarter valued at about $28,238,000. Institutional investors and hedge funds own 97.00% of the company’s stock.
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.
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