NCR Voyix (NYSE:VYX) Rating Reiterated by Royal Bank of Canada

Royal Bank of Canada restated their outperform rating on shares of NCR Voyix (NYSE:VYX) in a report released on Friday, Benzinga reports. They currently have a $23.00 price objective on the stock.

A number of other equities analysts have also issued reports on the stock. DA Davidson reaffirmed a buy rating and set a $20.00 target price on shares of NCR Voyix in a research report on Thursday, March 28th. Northcoast Research upgraded shares of NCR Voyix from a neutral rating to a buy rating and set a $17.00 target price for the company in a research note on Tuesday, March 12th. The Goldman Sachs Group started coverage on shares of NCR Voyix in a research note on Monday, March 18th. They set a neutral rating and a $14.00 target price for the company. Finally, Needham & Company LLC reiterated a buy rating and set a $20.00 target price on shares of NCR Voyix in a research note on Monday, March 25th. One research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, NCR Voyix has an average rating of Moderate Buy and an average price target of $18.83.

NCR Voyix Trading Up 3.6 %

Shares of NCR Voyix stock opened at $12.70 on Friday. The business has a fifty day moving average price of $13.64. The company has a debt-to-equity ratio of 102.52, a current ratio of 0.90 and a quick ratio of 0.71. NCR Voyix has a 1-year low of $10.99 and a 1-year high of $19.01. The firm has a market capitalization of $1.83 billion, a PE ratio of -4.22 and a beta of 1.56.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data 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 firm had revenue of $963.00 million during the quarter, compared to analyst estimates of $959.23 million. The business’s revenue for the quarter was down .3% compared to the same quarter last year. As a group, research analysts predict that NCR Voyix will post 3.17 earnings per share for the current year.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Retail, Hospitality, Digital Banking, Payments & Network, and Self-Service Banking segments. It offers managed services, including ATM-as-a-Service solutions that allow banks to run their end-to-end ATM channels; software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.