NCR Voyix Co. (NYSE:VYX) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of NCR Voyix Co. (NYSE:VYX) have been given an average rating of “Moderate Buy” by the six research firms that are currently covering the stock, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $18.83.

Several equities analysts have recently commented on the stock. Needham & Company LLC restated a “buy” rating and issued a $20.00 target price on shares of NCR Voyix in a research report on Monday, March 25th. Royal Bank of Canada restated an “outperform” rating and issued a $23.00 target price on shares of NCR Voyix in a research report on Friday, April 5th. The Goldman Sachs Group assumed coverage on shares of NCR Voyix in a research report on Monday, March 18th. They issued a “neutral” rating and a $14.00 target price for the company. Northcoast Research upgraded shares of NCR Voyix from a “neutral” rating to a “buy” rating and set a $17.00 price objective for the company in a research report on Tuesday, March 12th. Finally, DA Davidson reiterated a “buy” rating and set a $20.00 price objective on shares of NCR Voyix in a research report on Thursday, March 28th.

NCR Voyix Stock Down 1.6 %

Shares of NCR Voyix stock opened at $12.28 on Friday. NCR Voyix has a twelve month low of $10.99 and a twelve month high of $19.01. The company has a quick ratio of 0.71, a current ratio of 0.90 and a debt-to-equity ratio of 102.52. The business has a 50-day simple moving average of $13.49. The firm has a market cap of $1.77 billion, a PE ratio of -4.08 and a beta of 1.56.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Thursday, February 29th. The company reported ($0.10) earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.92). NCR Voyix had a positive return on equity of 21.46% and a negative net margin of 5.98%. The business had revenue of $963.00 million during the quarter, compared to analyst estimates of $959.23 million. The company’s revenue for the quarter was down .3% on a year-over-year basis. On average, sell-side analysts anticipate that NCR Voyix will post 3.17 earnings per share for the current fiscal year.

About NCR Voyix

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.