Somewhat Favorable Press Coverage Somewhat Unlikely to Affect NCR Corporation (NCR) Share Price
Headlines about NCR Corporation (NYSE:NCR) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. Accern identifies negative and positive media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. NCR Corporation earned a news impact score of 0.16 on Accern’s scale. Accern also assigned media coverage about the information technology services provider an impact score of 46.0512548023782 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s rankings:
- NCR powers nearly half of mobile apps receiving Navigator awards (atmmarketplace.com)
- Mashreq Bank to Deploy NCR Tablet and Video Banking Technology – Business Wire (press release) (businesswire.com)
- NCR’s Digital Insight™ Solutions Power Mobile Banking for Nearly Half of United States’ Top-Performing Financial … – Business Wire (press release) (businesswire.com)
- NCR’s Digital Insight™ Solutions Power Mobile Banking for Nearly Half of United States’ Top-Performing Financial Institutions (finance.yahoo.com)
- Mashreq Bank signs for NCR video and tablet banking tech (finextra.com)
Several analysts have weighed in on the company. TheStreet raised NCR Corporation from a “c+” rating to a “b” rating in a research note on Thursday, July 20th. Zacks Investment Research raised NCR Corporation from a “sell” rating to a “hold” rating in a research note on Tuesday, July 25th. Benchmark Co. reaffirmed a “buy” rating and set a $55.00 target price on shares of NCR Corporation in a research note on Friday, July 21st. Royal Bank Of Canada reaffirmed a “buy” rating and set a $51.00 target price on shares of NCR Corporation in a research note on Friday, May 12th. Finally, BidaskClub downgraded NCR Corporation from a “hold” rating to a “sell” rating in a research note on Thursday, July 27th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the stock. NCR Corporation presently has a consensus rating of “Buy” and an average price target of $47.29.
Shares of NCR Corporation (NCR) opened at 35.45 on Friday. The company has a market cap of $4.31 billion, a P/E ratio of 21.84 and a beta of 1.91. The stock has a 50 day moving average price of $36.54 and a 200-day moving average price of $41.13. NCR Corporation has a 1-year low of $29.83 and a 1-year high of $49.90.
NCR Corporation (NYSE:NCR) last posted its quarterly earnings data on Thursday, July 20th. The information technology services provider reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.76 by $0.04. NCR Corporation had a return on equity of 87.62% and a net margin of 4.90%. The firm had revenue of $1.59 billion for the quarter, compared to the consensus estimate of $1.61 billion. During the same quarter in the prior year, the business earned $0.72 EPS. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. Analysts predict that NCR Corporation will post $3.37 earnings per share for the current fiscal year.
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NCR Corporation Company Profile
NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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