NCR Voyix Corporation (NYSE:VYX) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of NCR Voyix Corporation (NYSE:VYX) have been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat.com reports. One analyst has rated the stock with a sell rating, two have issued a hold rating and five have given a buy rating to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $15.6429.

Several research analysts have commented on VYX shares. Weiss Ratings reissued a “sell (d)” rating on shares of NCR Voyix in a research report on Monday, December 29th. The Goldman Sachs Group lowered their target price on NCR Voyix from $13.00 to $11.50 and set a “neutral” rating for the company in a research note on Tuesday, January 13th. Finally, Zacks Research lowered NCR Voyix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Federated Hermes Inc. purchased a new stake in NCR Voyix during the 3rd quarter worth $28,000. Caitong International Asset Management Co. Ltd purchased a new position in NCR Voyix in the 4th quarter valued at about $28,000. Kestra Advisory Services LLC purchased a new position in NCR Voyix in the 4th quarter valued at about $29,000. Parkside Financial Bank & Trust grew its stake in shares of NCR Voyix by 2,835.0% during the second 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 in the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of NCR Voyix during the third quarter worth about $56,000. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

NCR Voyix Stock Performance

Shares of VYX stock opened at $9.06 on Thursday. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.30. The company has a market cap of $1.25 billion, a PE ratio of -20.59 and a beta of 1.45. The company’s fifty day simple moving average is $10.09 and its 200-day simple moving average is $11.14. NCR Voyix has a 52 week low of $7.55 and a 52 week high of $14.67.

About NCR Voyix

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.