NCR Voyix Co. (NYSE:VYX) Given Consensus Recommendation of “Moderate Buy” by Analysts

Shares of NCR Voyix Co. (NYSE:VYX) have been assigned an average recommendation of “Moderate Buy” from the seven research firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $18.00.

VYX has been the topic of a number of recent analyst reports. Needham & Company LLC reissued a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a research note on Friday, May 10th. Northcoast Research raised shares of NCR Voyix from a “neutral” rating to a “buy” rating and set a $17.00 price target on the stock in a report on Tuesday, March 12th. DA Davidson reissued a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a research note on Thursday, March 28th. Stephens reaffirmed an “overweight” rating and set a $16.00 target price on shares of NCR Voyix in a research note on Monday, May 13th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $23.00 price target on shares of NCR Voyix in a research note on Friday, April 5th.

Institutional Investors Weigh In On NCR Voyix

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fifth Third Bancorp bought a new stake in shares of NCR Voyix in the 1st quarter valued at $43,000. Bessemer Group Inc. acquired a new position in NCR Voyix during the first quarter worth $43,000. SYSTM Wealth Solutions LLC bought a new position in shares of NCR Voyix in the first quarter valued at $46,000. Hanson & Doremus Investment Management acquired a new position in shares of NCR Voyix during the first quarter valued at about $84,000. Finally, American International Group Inc. bought a new stake in shares of NCR Voyix during the first quarter worth about $92,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Stock Up 0.2 %

VYX opened at $12.35 on Wednesday. The stock has a fifty day moving average of $12.71 and a 200-day moving average of $13.77. The company has a market capitalization of $1.79 billion, a P/E ratio of -3.68 and a beta of 1.63. 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 quick ratio of 0.73 and a current ratio of 0.93.

NCR Voyix (NYSE:VYX) last announced its earnings results on Thursday, May 9th. The company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.06 by ($0.01). NCR Voyix had a positive return on equity of 27.60% and a negative net margin of 7.88%. The business had revenue of $862.00 million for the quarter, compared to the consensus estimate of $856.00 million. On average, equities analysts expect that NCR Voyix will post -0.33 EPS for the current year.

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.