NCR Voyix Corporation (NYSE:VYX) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of NCR Voyix Corporation (NYSE:VYX) have been given a consensus recommendation of “Moderate Buy” by the eight ratings firms that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell rating, two have given a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $15.5714.

VYX has been the topic of several research reports. UBS Group set a $18.00 price objective on shares of NCR Voyix in a report on Monday, September 29th. Oppenheimer boosted their target price on NCR Voyix from $16.00 to $18.00 and gave the company an “outperform” rating in a research report on Monday, September 29th. Needham & Company LLC reaffirmed a “buy” rating and set a $15.00 price target on shares of NCR Voyix in a research note on Monday, September 29th. Zacks Research lowered NCR Voyix from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, Stifel Nicolaus boosted their price objective on NCR Voyix from $13.00 to $15.00 and gave the company a “buy” rating in a report on Friday, August 8th.

NCR Voyix Price Performance

Shares of VYX opened at $9.97 on Tuesday. The firm has a market cap of $1.38 billion, a PE ratio of 1.40 and a beta of 1.70. NCR Voyix has a 52-week low of $7.55 and a 52-week high of $15.34. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.96 and a current ratio of 1.16. The business’s 50 day moving average price is $11.72 and its two-hundred day moving average price is $12.16.

NCR Voyix (NYSE:VYX) last released its quarterly earnings data on Wednesday, April 13th. The company reported $0.59 earnings per share for the quarter. The company had revenue of $1.63 billion during the quarter. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. On average, equities analysts anticipate that NCR Voyix will post -0.86 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Federated Hermes Inc. acquired a new position in shares of NCR Voyix during the third quarter valued at about $28,000. Parkside Financial Bank & Trust lifted its position in NCR Voyix by 2,835.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock valued at $41,000 after acquiring an additional 3,402 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in NCR Voyix in the 3rd quarter valued at about $56,000. Blue Trust Inc. boosted its stake in NCR Voyix by 33.5% during the 3rd quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock valued at $60,000 after purchasing an additional 1,193 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd increased its holdings in NCR Voyix by 375.7% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company’s stock worth $65,000 after purchasing an additional 5,252 shares in the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.

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.