NCR Voyix (NYSE:VYX) Shares Up 5.5% – Here’s Why

NCR Voyix Corporation (NYSE:VYXGet Free Report)’s stock price was up 5.5% during trading on Wednesday . The company traded as high as $8.51 and last traded at $8.5750. 793,166 shares were traded during mid-day trading, a decline of 65% from the average daily volume of 2,241,757 shares. The stock had previously closed at $8.13.

Analyst Ratings Changes

Several equities analysts have issued reports on the company. The Goldman Sachs Group boosted their target price on NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Royal Bank Of Canada raised their price target on NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Needham & Company LLC lifted their price target on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Finally, Weiss Ratings raised NCR Voyix from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $14.00.

Check Out Our Latest Research Report on NCR Voyix

NCR Voyix Stock Performance

The firm has a fifty day moving average of $8.07 and a 200-day moving average of $7.61. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $1.19 billion, a price-to-earnings ratio of 21.56 and a beta of 1.39.

NCR Voyix (NYSE:VYXGet Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The business had revenue of $523.00 million during the quarter, compared to analysts’ expectations of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.The business’s revenue for the quarter was down 21.5% on a year-over-year basis. During the same quarter last year, the business posted $0.19 earnings per share. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, sell-side analysts anticipate that NCR Voyix Corporation will post 0.68 EPS for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VYX. Masters Capital Management LLC increased its stake in shares of NCR Voyix by 16.7% during the 1st quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company’s stock valued at $22,155,000 after acquiring an additional 500,000 shares during the last quarter. First Trust Advisors LP acquired a new stake in shares of NCR Voyix in the first quarter worth approximately $925,000. Fifth Third Bancorp grew its holdings in NCR Voyix by 9,705.3% in the first quarter. Fifth Third Bancorp now owns 148,746 shares of the company’s stock valued at $942,000 after purchasing an additional 147,229 shares during the period. Vanguard Group Inc. increased its position in NCR Voyix by 2.2% during the fourth quarter. Vanguard Group Inc. now owns 18,087,393 shares of the company’s stock worth $184,491,000 after purchasing an additional 383,873 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in NCR Voyix by 27.0% during the first quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company’s stock worth $39,689,000 after purchasing an additional 1,334,716 shares during the last quarter. 97.00% of the stock is currently owned by institutional investors and hedge funds.

About NCR Voyix

(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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