NCR Co. (NYSE:NCR) – DA Davidson issued their Q3 2020 EPS estimates for shares of NCR in a report released on Wednesday, July 29th. DA Davidson analyst M. Summerville forecasts that the information technology services provider will earn $0.35 per share for the quarter. DA Davidson also issued estimates for NCR’s FY2020 earnings at $1.65 EPS.

NCR (NYSE:NCR) last issued its quarterly earnings results on Tuesday, July 28th. The information technology services provider reported $0.27 EPS for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. NCR had a return on equity of 31.37% and a net margin of 6.72%. The company had revenue of $1.48 billion during the quarter, compared to analyst estimates of $1.43 billion. During the same period in the previous year, the company earned $0.76 earnings per share. The company’s quarterly revenue was down 13.2% compared to the same quarter last year.

A number of other brokerages have also commented on NCR. Royal Bank of Canada restated a “buy” rating and issued a $32.00 target price on shares of NCR in a research note on Thursday. ValuEngine upgraded NCR from a “sell” rating to a “hold” rating in a research note on Thursday, July 2nd. Benchmark cut their target price on NCR from $36.00 to $30.00 and set a “buy” rating for the company in a research note on Tuesday, July 28th. Oppenheimer restated a “buy” rating and issued a $25.00 target price (up from $20.00) on shares of NCR in a research note on Friday, May 1st. Finally, Morgan Stanley upped their target price on NCR from $16.00 to $18.00 and gave the company an “equal weight” rating in a research note on Wednesday. Five equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $26.38.

Shares of NYSE NCR opened at $18.43 on Friday. The business has a fifty day simple moving average of $17.59 and a 200 day simple moving average of $22.06. The company has a current ratio of 1.80, a quick ratio of 1.26 and a debt-to-equity ratio of 4.28. The firm has a market capitalization of $2.36 billion, a price-to-earnings ratio of 5.96 and a beta of 1.69. NCR has a one year low of $10.55 and a one year high of $35.87.

Hedge funds have recently made changes to their positions in the company. Emerald Mutual Fund Advisers Trust bought a new stake in shares of NCR during the second quarter worth $30,000. Parkside Financial Bank & Trust grew its holdings in shares of NCR by 54.6% during the first quarter. Parkside Financial Bank & Trust now owns 1,957 shares of the information technology services provider’s stock worth $35,000 after purchasing an additional 691 shares during the last quarter. Stephenson National Bank & Trust grew its holdings in shares of NCR by 31.4% during the second quarter. Stephenson National Bank & Trust now owns 2,555 shares of the information technology services provider’s stock worth $44,000 after purchasing an additional 611 shares during the last quarter. Northern Oak Wealth Management Inc. bought a new stake in shares of NCR during the first quarter worth $51,000. Finally, Cerebellum GP LLC bought a new stake in shares of NCR during the second quarter worth $53,000. Institutional investors own 89.99% of the company’s stock.

In other NCR news, CAO Beth Potter sold 19,534 shares of the stock in a transaction on Wednesday, May 27th. The stock was sold at an average price of $19.95, for a total transaction of $389,703.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 1.90% of the company’s stock.

NCR Company Profile

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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Earnings History and Estimates for NCR (NYSE:NCR)

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