Brokerages Set NCR Voyix Co. (NYSE:VYX) PT at $15.17

Shares of NCR Voyix Co. (NYSE:VYX) have been given a consensus rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month target price among brokers that have covered the stock in the last year is $15.17.

VYX has been the subject of several research analyst reports. Royal Bank of Canada reiterated an “outperform” rating and issued a $17.00 price target on shares of NCR Voyix in a report on Tuesday, March 25th. Needham & Company LLC lowered their target price on NCR Voyix from $20.00 to $15.00 and set a “buy” rating for the company in a report on Friday, February 28th. Finally, The Goldman Sachs Group cut their price target on NCR Voyix from $13.00 to $11.00 and set a “neutral” rating on the stock in a report on Wednesday, April 2nd.

NCR Voyix Trading Up 0.9 %

NYSE:VYX opened at $7.87 on Friday. The business’s 50-day simple moving average is $10.00 and its 200-day simple moving average is $12.33. NCR Voyix has a fifty-two week low of $7.55 and a fifty-two week high of $15.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06. The stock has a market capitalization of $1.09 billion, a PE ratio of 1.82 and a beta of 1.49.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VYX. Barclays PLC raised its stake in shares of NCR Voyix by 149.5% during the 3rd quarter. Barclays PLC now owns 668,816 shares of the company’s stock worth $9,075,000 after purchasing an additional 400,734 shares in the last quarter. Geode Capital Management LLC increased its holdings in NCR Voyix by 2.7% during the third quarter. Geode Capital Management LLC now owns 3,266,734 shares of the company’s stock worth $44,338,000 after buying an additional 86,709 shares during the last quarter. Franklin Resources Inc. raised its position in NCR Voyix by 6.1% during the third quarter. Franklin Resources Inc. now owns 903,293 shares of the company’s stock worth $11,942,000 after acquiring an additional 51,779 shares in the last quarter. Principal Financial Group Inc. grew its position in shares of NCR Voyix by 0.5% in the 3rd quarter. Principal Financial Group Inc. now owns 688,476 shares of the company’s stock valued at $9,343,000 after acquiring an additional 3,269 shares during the period. Finally, Harbor Capital Advisors Inc. grew its position in shares of NCR Voyix by 3.5% in the 4th quarter. Harbor Capital Advisors Inc. now owns 1,020,401 shares of the company’s stock valued at $14,122,000 after acquiring an additional 34,547 shares during the period. 97.00% of the stock is owned by institutional investors and hedge funds.

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.