NCR Voyix (VYX) to Release Quarterly Earnings on Thursday

NCR Voyix (NYSE:VYX) will be issuing its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Investors interested in listening to the company’s conference call can do so using this link.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.07). The business had revenue of $876.00 million during the quarter, compared to analysts’ expectations of $886.60 million. NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. NCR Voyix’s revenue for the quarter was down 7.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 EPS. On average, analysts expect NCR Voyix to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NCR Voyix Stock Up 1.8 %

VYX stock traded up $0.24 during trading on Tuesday, hitting $13.31. 172,795 shares of the company’s stock traded hands, compared to its average volume of 2,101,481. The business has a fifty day simple moving average of $13.20 and a two-hundred day simple moving average of $13.09. The firm has a market capitalization of $1.93 billion, a P/E ratio of -3.27 and a beta of 1.64. NCR Voyix has a 1 year low of $10.87 and a 1 year high of $17.39.

Insider Activity

In related news, insider James G. Kelly bought 14,800 shares of the stock in a transaction that occurred on Tuesday, August 27th. The stock was bought at an average cost of $13.41 per share, for a total transaction of $198,468.00. Following the purchase, the insider now directly owns 46,900 shares of the company’s stock, valued at approximately $628,929. This trade represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, insider James G. Kelly purchased 14,800 shares of the stock in a transaction on Tuesday, August 27th. The stock was bought at an average price of $13.41 per share, with a total value of $198,468.00. Following the transaction, the insider now owns 46,900 shares in the company, valued at $628,929. The trade was a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Brian J. Webb-Walsh purchased 10,000 shares of the company’s stock in a transaction on Thursday, August 8th. The shares were purchased at an average price of $11.51 per share, for a total transaction of $115,100.00. Following the purchase, the chief financial officer now owns 142,288 shares in the company, valued at approximately $1,637,734.88. The trade was a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 46,492 shares of company stock worth $577,993 over the last 90 days. 0.61% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on VYX. The Goldman Sachs Group assumed coverage on NCR Voyix in a research report on Monday, October 14th. They issued a “neutral” rating and a $14.00 price target for the company. Royal Bank of Canada reduced their target price on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a report on Wednesday, August 7th. DA Davidson lowered their price target on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating on the stock in a report on Friday, August 9th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a research report on Monday, October 14th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $16.43.

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.