NCR Co. (NYSE:NCR) – Investment analysts at DA Davidson issued their Q1 2020 earnings estimates for NCR in a research note issued on Wednesday, February 12th. DA Davidson analyst M. Summerville forecasts that the information technology services provider will post earnings per share of $0.37 for the quarter. DA Davidson also issued estimates for NCR’s FY2020 earnings at $2.80 EPS.
NCR (NYSE:NCR) last issued its earnings results on Tuesday, February 11th. The information technology services provider reported $0.85 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.84 by $0.01. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.73 billion. NCR had a return on equity of 79.96% and a net margin of 1.30%. During the same quarter in the previous year, the firm earned $0.84 earnings per share.
Several other research firms also recently issued reports on NCR. Stephens began coverage on NCR in a research note on Tuesday, December 3rd. They issued an “equal weight” rating and a $38.00 price objective for the company. TheStreet raised NCR from a “c” rating to a “b-” rating in a research note on Tuesday. Standpoint Research began coverage on NCR in a research note on Monday, December 23rd. They issued an “accumulate” rating for the company. Finally, Royal Bank of Canada upped their price objective on NCR to $48.00 and gave the company a “top pick” rating in a research note on Thursday, December 19th. Two analysts have rated the stock with a sell rating, four have given a hold rating, three have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of $38.63.
Shares of NYSE NCR opened at $32.93 on Friday. The company has a current ratio of 1.35, a quick ratio of 0.98 and a debt-to-equity ratio of 5.20. The company has a market cap of $4.22 billion, a price-to-earnings ratio of 91.47 and a beta of 1.62. NCR has a 12 month low of $25.93 and a 12 month high of $35.87. The stock has a 50-day moving average price of $34.54 and a two-hundred day moving average price of $32.43.
In other news, SVP Adrian Button sold 8,238 shares of the company’s stock in a transaction that occurred on Wednesday, November 20th. The stock was sold at an average price of $33.29, for a total value of $274,243.02. Following the completion of the transaction, the senior vice president now owns 11,654 shares of the company’s stock, valued at $387,961.66. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP James Bedore sold 2,707 shares of the stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $32.45, for a total transaction of $87,842.15. Following the sale, the executive vice president now directly owns 48,700 shares of the company’s stock, valued at approximately $1,580,315. The disclosure for this sale can be found here. Corporate insiders own 1.00% of the company’s stock.
Large investors have recently added to or reduced their stakes in the business. CENTRAL TRUST Co increased its position in NCR by 1,210.9% during the 3rd quarter. CENTRAL TRUST Co now owns 839 shares of the information technology services provider’s stock valued at $26,000 after purchasing an additional 775 shares during the period. CWM LLC increased its position in NCR by 4,072.7% during the 4th quarter. CWM LLC now owns 918 shares of the information technology services provider’s stock valued at $32,000 after purchasing an additional 896 shares during the period. Orion Portfolio Solutions LLC acquired a new stake in NCR during the 4th quarter valued at approximately $40,000. Chevy Chase Trust Holdings Inc. acquired a new stake in NCR during the 4th quarter valued at approximately $41,000. Finally, Emerald Advisers LLC acquired a new stake in NCR during the 4th quarter valued at approximately $41,000. 92.00% of the stock is owned by institutional investors and hedge funds.
NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The company's Software segment offers industry-based software platforms, applications, and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.
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