NCR Voyix (NYSE:VYX) Given New $11.50 Price Target at The Goldman Sachs Group

NCR Voyix (NYSE:VYX) had its target price lowered by The Goldman Sachs Group from $13.00 to $11.50 in a research report sent to investors on Tuesday,Benzinga reports. The Goldman Sachs Group currently has a neutral rating on the stock.

Other equities analysts have also issued reports about the company. Weiss Ratings reissued a “sell (d)” rating on shares of NCR Voyix in a report on Monday, December 29th. Zacks Research lowered NCR Voyix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. UBS Group set a $18.00 price target on NCR Voyix in a report on Monday, September 29th. Oppenheimer lifted their price objective on shares of NCR Voyix from $16.00 to $18.00 and gave the company an “outperform” rating in a research note on Monday, September 29th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $15.00 price objective on shares of NCR Voyix in a report on Monday, September 29th. Five equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $15.64.

NCR Voyix Stock Down 1.8%

NCR Voyix stock opened at $10.91 on Tuesday. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.94 and a current ratio of 1.13. NCR Voyix has a one year low of $7.55 and a one year high of $14.67. The company has a 50-day simple moving average of $10.34 and a 200-day simple moving average of $11.92. The firm has a market capitalization of $1.51 billion, a P/E ratio of -24.80 and a beta of 1.46.

NCR Voyix (NYSE:VYX) last posted its earnings results on Thursday, November 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.22 by $0.09. NCR Voyix had a negative net margin of 2.15% and a positive return on equity of 5.08%. The firm had revenue of $684.00 million during the quarter, compared to analyst estimates of $669.06 million. During the same period in the previous year, the business posted $0.01 EPS. NCR Voyix’s revenue was down 3.4% on a year-over-year basis. NCR Voyix has set its FY 2025 guidance at 0.850-0.900 EPS. As a group, equities analysts expect that NCR Voyix will post -0.86 earnings per share for the current year.

Institutional Investors Weigh In On NCR Voyix

Several hedge funds and other institutional investors have recently bought and sold shares of VYX. Boston Partners boosted its position in shares of NCR Voyix by 16.0% during the 3rd quarter. Boston Partners now owns 5,796,446 shares of the company’s stock valued at $72,650,000 after purchasing an additional 799,058 shares in the last quarter. Dimensional Fund Advisors LP lifted its stake in NCR Voyix by 4.6% during the third quarter. Dimensional Fund Advisors LP now owns 4,507,814 shares of the company’s stock valued at $56,577,000 after purchasing an additional 196,240 shares during the last quarter. First Pacific Advisors LP boosted its holdings in NCR Voyix by 5.6% during the second quarter. First Pacific Advisors LP now owns 3,908,807 shares of the company’s stock worth $45,850,000 after buying an additional 206,416 shares in the last quarter. Brown Advisory Inc. boosted its holdings in NCR Voyix by 6.3% during the second quarter. Brown Advisory Inc. now owns 3,805,718 shares of the company’s stock worth $44,641,000 after buying an additional 226,869 shares in the last quarter. Finally, Private Management Group Inc. grew its position in NCR Voyix by 18.2% in the second quarter. Private Management Group Inc. now owns 3,231,395 shares of the company’s stock worth $37,904,000 after buying an additional 496,435 shares during the last quarter. 97.00% of the stock is currently owned by institutional investors.

NCR Voyix Company Profile

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.