Palogic Value Management L.P. Makes New Investment in NCR Voyix Corporation $VYX

Palogic Value Management L.P. purchased a new stake in NCR Voyix Corporation (NYSE:VYX) in the 2nd quarter, HoldingsChannel reports. The institutional investor purchased 275,376 shares of the company’s stock, valued at approximately $2,250,000. NCR Voyix makes up 0.7% of Palogic Value Management L.P.’s investment portfolio, making the stock its 25th biggest position.

A number of other hedge funds also recently modified their holdings of VYX. Caitong International Asset Management Co. Ltd acquired a new position in shares of NCR Voyix in the 4th quarter valued at approximately $28,000. Kestra Advisory Services LLC bought a new position in NCR Voyix in the 4th quarter valued at approximately $29,000. Parkside Financial Bank & Trust lifted its stake in NCR Voyix by 34.7% in the 4th quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock valued at $48,000 after purchasing an additional 1,221 shares during the last quarter. Hantz Financial Services Inc. boosted its position in NCR Voyix by 615.6% in the fourth quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company’s stock valued at $89,000 after buying an additional 7,498 shares in the last quarter. Finally, FourThought Financial Partners LLC acquired a new stake in NCR Voyix in the third quarter valued at approximately $130,000. Institutional investors own 97.00% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the stock. Weiss Ratings raised shares of NCR Voyix from a “sell (d)” rating to a “sell (d+)” rating in a research note on Thursday, August 6th. Royal Bank Of Canada raised their price objective on NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Needham & Company LLC boosted their price objective on NCR Voyix from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Thursday, August 6th. Finally, The Goldman Sachs Group upped their target price on NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, NCR Voyix currently has an average rating of “Hold” and a consensus price target of $14.00.

NCR Voyix Trading Up 9.6%

VYX opened at $8.91 on Thursday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.07 and a quick ratio of 0.95. NCR Voyix Corporation has a fifty-two week low of $6.02 and a fifty-two week high of $13.77. The company’s 50 day moving average price is $8.10 and its two-hundred day moving average price is $7.60. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 22.27 and a beta of 1.39.

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

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.