NCR Voyix (NYSE:VYX) Shares Up 7% – Still a Buy?

NCR Voyix Corporation (NYSE:VYX) shares shot up 7% on Friday . The company traded as high as $8.62 and last traded at $8.6330. Approximately 457,818 shares changed hands during mid-day trading, a decline of 80% from the average session volume of 2,292,030 shares. The stock had previously closed at $8.07.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Weiss Ratings upgraded NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 4th. Royal Bank Of Canada increased their price objective on NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Finally, Needham & Company LLC raised their target price on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Four analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, NCR Voyix presently has an average rating of “Moderate Buy” and an average price target of $14.00.

NCR Voyix Stock Performance

The company has a debt-to-equity ratio of 1.19, a current ratio of 1.07 and a quick ratio of 0.95. The company’s fifty day moving average price is $8.32 and its 200 day moving average price is $7.54. The company has a market cap of $1.19 billion, a PE ratio of 21.46 and a beta of 1.40.

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC bought a new position in NCR Voyix during the second quarter valued at $30,000. IFP Advisors Inc increased its position in shares of NCR Voyix by 60,644.4% during the second quarter. IFP Advisors Inc now owns 5,467 shares of the company’s stock valued at $45,000 after buying an additional 5,458 shares during the period. Arizona State Retirement System lifted its stake in NCR Voyix by 6.0% in 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 purchased a new stake in shares of NCR Voyix in the second quarter worth $208,000. Finally, HighTower Advisors LLC purchased a new stake in shares of NCR Voyix in the 2nd quarter valued at about $86,000. 97.00% of the stock is owned by institutional investors.

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.