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

NCR Voyix Corporation (NYSE:VYX) has been assigned a consensus rating of “Moderate Buy” from the eight research firms that are currently covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $15.6429.

VYX has been the subject of several recent analyst reports. Zacks Research cut shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Weiss Ratings restated a “sell (d)” rating on shares of NCR Voyix in a report on Monday, December 29th. Finally, The Goldman Sachs Group reduced their price target on shares of NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a research report on Tuesday, January 13th.

Hedge Funds Weigh In On NCR Voyix

A number of hedge funds have recently modified their holdings of VYX. Federated Hermes Inc. purchased a new stake in NCR Voyix in the 3rd quarter valued at about $28,000. Parkside Financial Bank & Trust raised its stake in shares of 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 during the period. Aster Capital Management DIFC Ltd acquired a new position in shares of NCR Voyix in the 3rd quarter worth approximately $56,000. Blue Trust Inc. lifted its holdings in shares of NCR Voyix by 33.5% in the 3rd quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock worth $60,000 after acquiring an additional 1,193 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of NCR Voyix by 299.9% during the 2nd quarter. GAMMA Investing LLC now owns 5,774 shares of the company’s stock worth $68,000 after purchasing an additional 4,330 shares during the period. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

NCR Voyix Price Performance

NYSE:VYX opened at $9.94 on Friday. NCR Voyix has a one year low of $7.55 and a one year high of $14.67. The stock has a market cap of $1.38 billion, a PE ratio of -22.59 and a beta of 1.46. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.94 and a current ratio of 1.13. The stock has a 50 day moving average price of $10.27 and a 200 day moving average price of $11.68.

NCR Voyix (NYSE:VYX) last issued its earnings results on Thursday, November 6th. The company reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.22 by $0.09. NCR Voyix had a positive return on equity of 5.08% and a negative net margin of 2.15%.The company had revenue of $684.00 million during the quarter, compared to analysts’ expectations of $669.06 million. During the same period in the prior year, the business earned $0.01 EPS. The firm’s quarterly 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. Equities research analysts expect that NCR Voyix will post -0.86 EPS for the current fiscal year.

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.