NCR Voyix (NYSE:VYX) Trading Up 8.6% – Here’s What Happened

NCR Voyix Corporation (NYSE:VYXGet Free Report)’s share price shot up 8.6% on Friday . The company traded as high as $7.67 and last traded at $7.73. 2,066,759 shares changed hands during trading, a decline of 6% from the average session volume of 2,205,347 shares. The stock had previously closed at $7.12.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on VYX. The Goldman Sachs Group increased their price objective on NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a research report on Friday, March 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $13.00 price objective on shares of NCR Voyix in a research report on Thursday, February 26th. Stifel Nicolaus set a $12.00 price objective on NCR Voyix in a research report on Thursday, February 26th. Finally, Needham & Company LLC decreased their price objective on NCR Voyix from $15.00 to $12.00 and set a “buy” rating for the company in a research report on Thursday, February 26th. Five equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, NCR Voyix has a consensus rating of “Moderate Buy” and an average target price of $13.71.

Read Our Latest Stock Analysis on VYX

NCR Voyix Stock Up 10.3%

The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.06. The firm has a fifty day moving average price of $6.88 and a 200 day moving average price of $8.43. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 20.67 and a beta of 1.42.

NCR Voyix (NYSE:VYXGet Free Report) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.08 by $0.02. The business had revenue of $606.00 million during the quarter, compared to analysts’ expectations of $579.57 million. NCR Voyix had a return on equity of 11.38% and a net margin of 2.20%.The company’s quarterly revenue was down 1.8% compared to the same quarter last year. During the same period last year, the firm earned $0.09 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, sell-side analysts expect that NCR Voyix Corporation will post 0.67 EPS for the current fiscal year.

Institutional Trading of NCR Voyix

Hedge funds have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd acquired a new stake in shares of NCR Voyix in the 4th quarter valued at approximately $28,000. Kestra Advisory Services LLC acquired a new position in NCR Voyix during the fourth quarter worth $29,000. Parkside Financial Bank & Trust raised its holdings in NCR Voyix by 34.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock worth $48,000 after purchasing an additional 1,221 shares during the last quarter. Aster Capital Management DIFC Ltd acquired a new position in NCR Voyix during the third quarter worth $56,000. Finally, Hantz Financial Services Inc. raised its holdings in NCR Voyix by 615.6% during the fourth quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company’s stock worth $89,000 after purchasing an additional 7,498 shares during the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Company Profile

(Get Free Report)

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.

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