NCR Voyix Corporation (NYSE:VYX) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of NCR Voyix Corporation (NYSE:VYX) have received an average rating of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price target among brokerages that have covered the stock in the last year is $15.5714.

VYX has been the topic of several research analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of NCR Voyix in a research note on Saturday, September 27th. Needham & Company LLC restated a “buy” rating and set a $15.00 price objective on shares of NCR Voyix in a report on Monday, September 29th. UBS Group set a $18.00 target price on shares of NCR Voyix in a research report on Monday, September 29th. Oppenheimer lifted their price objective on shares of NCR Voyix from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Finally, Stifel Nicolaus lifted their price objective on shares of NCR Voyix from $13.00 to $15.00 and gave the company a “buy” rating in a research report on Friday, August 8th.

Hedge Funds Weigh In On NCR Voyix

Hedge funds and other institutional investors have recently made changes to their positions in the company. Parkside Financial Bank & Trust grew its holdings in shares of NCR Voyix by 2,835.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock valued at $41,000 after purchasing an additional 3,402 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in shares of NCR Voyix by 375.7% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company’s stock valued at $65,000 after purchasing an additional 5,252 shares during the last quarter. GAMMA Investing LLC boosted its stake in shares of NCR Voyix by 299.9% in the 2nd quarter. GAMMA Investing LLC now owns 5,774 shares of the company’s stock valued at $68,000 after purchasing an additional 4,330 shares during the last quarter. Spire Wealth Management boosted its stake in shares of NCR Voyix by 20.7% in the 1st quarter. Spire Wealth Management now owns 7,930 shares of the company’s stock valued at $77,000 after purchasing an additional 1,360 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in shares of NCR Voyix by 225.1% in the 2nd quarter. Nisa Investment Advisors LLC now owns 7,159 shares of the company’s stock valued at $84,000 after purchasing an additional 4,957 shares during the last quarter. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Stock Up 1.5%

NCR Voyix stock opened at $12.78 on Monday. The firm has a market cap of $1.77 billion, a price-to-earnings ratio of 1.79 and a beta of 1.71. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.16 and a quick ratio of 0.96. NCR Voyix has a fifty-two week low of $7.55 and a fifty-two week high of $15.34. The firm has a fifty day moving average price of $12.97 and a two-hundred day moving average price of $11.56.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Thursday, August 7th. The company reported $0.19 EPS for the quarter, beating analysts’ consensus estimates of $0.14 by $0.05. The business had revenue of $666.00 million during the quarter, compared to analyst estimates of $648.13 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 7.8% on a year-over-year basis. During the same quarter in the prior year, the business earned ($0.20) earnings per share. NCR Voyix has set its FY 2025 guidance at 0.750-0.800 EPS. As a group, analysts forecast that NCR Voyix will post -0.86 earnings per share for the current year.

About NCR Voyix

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.