NCR Voyix (VYX) Set to Announce Earnings on Thursday

NCR Voyix (NYSE:VYX) is scheduled to release its earnings data before the market opens on Thursday, May 9th. Analysts expect NCR Voyix to post earnings of $0.06 per share for the quarter. NCR Voyix has set its FY 2024 guidance at EPS.Persons that wish to listen to the company’s earnings conference call can do so using this link.

NCR Voyix (NYSE:VYX) last posted its earnings results on Thursday, February 29th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.92). NCR Voyix had a positive return on equity of 21.46% and a negative net margin of 5.98%. The business had revenue of $963.00 million for the quarter, compared to the consensus estimate of $959.23 million. NCR Voyix’s revenue for the quarter was down .3% on a year-over-year basis. On average, analysts expect NCR Voyix to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

NCR Voyix Trading Down 0.1 %

VYX opened at $12.47 on Wednesday. NCR Voyix has a fifty-two week low of $10.99 and a fifty-two week high of $19.01. The company has a debt-to-equity ratio of 102.52, a current ratio of 0.90 and a quick ratio of 0.71. The firm has a market capitalization of $1.80 billion, a price-to-earnings ratio of -4.14 and a beta of 1.54. The company’s 50 day moving average price is $12.42 and its two-hundred day moving average price is $14.54.

Analysts Set New Price Targets

A number of research firms have weighed in on VYX. Northcoast Research raised shares of NCR Voyix from a “neutral” rating to a “buy” rating and set a $17.00 target price on the stock in a report on Tuesday, March 12th. Royal Bank of Canada restated an “outperform” rating and issued a $23.00 price target on shares of NCR Voyix in a research report on Friday, April 5th. The Goldman Sachs Group initiated coverage on shares of NCR Voyix in a research report on Monday, March 18th. They issued a “neutral” rating and a $14.00 price target on the stock. Needham & Company LLC restated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research report on Monday, March 25th. Finally, DA Davidson restated a “buy” rating and issued a $20.00 price target on shares of NCR Voyix in a research report on Thursday, March 28th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $18.83.

NCR Voyix Company Profile

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.