NCR Voyix (NYSE:VYX) Releases Quarterly Earnings Results, Beats Estimates By $0.09 EPS

NCR Voyix (NYSE:VYXGet Free Report) issued its quarterly earnings results on Thursday. The company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.22 by $0.09, Briefing.com reports. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. The business had revenue of $684.00 million for the quarter, compared to analysts’ expectations of $669.06 million. During the same quarter last year, the company posted $0.01 earnings per share. The company’s quarterly revenue was down 3.4% compared to the same quarter last year. NCR Voyix updated its FY 2025 guidance to 0.850-0.900 EPS.

NCR Voyix Stock Performance

Shares of NYSE VYX traded down $0.73 during mid-day trading on Thursday, hitting $10.70. The company had a trading volume of 2,856,080 shares, compared to its average volume of 1,717,691. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.16 and a quick ratio of 0.96. The stock has a market cap of $1.48 billion, a price-to-earnings ratio of 1.50 and a beta of 1.70. NCR Voyix has a 12 month low of $7.55 and a 12 month high of $15.34. The firm’s 50 day simple moving average is $12.24 and its two-hundred day simple moving average is $11.98.

Institutional Investors Weigh In On NCR Voyix

Hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its position in NCR Voyix by 2.6% in the 2nd quarter. Raymond James Financial Inc. now owns 266,616 shares of the company’s stock valued at $3,127,000 after purchasing an additional 6,687 shares during the last quarter. Brevan Howard Capital Management LP lifted its position in NCR Voyix by 57.2% in the 2nd quarter. Brevan Howard Capital Management LP now owns 157,104 shares of the company’s stock valued at $1,843,000 after purchasing an additional 57,142 shares during the last quarter. Quantinno Capital Management LP raised its holdings in shares of NCR Voyix by 101.9% during the second quarter. Quantinno Capital Management LP now owns 93,668 shares of the company’s stock valued at $1,099,000 after buying an additional 47,267 shares during the last quarter. Sei Investments Co. boosted its position in shares of NCR Voyix by 57.1% during the second quarter. Sei Investments Co. now owns 90,362 shares of the company’s stock worth $1,060,000 after buying an additional 32,825 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in shares of NCR Voyix by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock worth $848,000 after buying an additional 4,181 shares during the period. 97.00% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have commented on VYX. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of NCR Voyix in a report on Thursday, October 30th. Oppenheimer raised their price objective on NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. UBS Group set a $18.00 price objective on NCR Voyix in a research note on Monday, September 29th. Stifel Nicolaus raised their price objective on NCR Voyix from $13.00 to $15.00 and gave the stock a “buy” rating in a research note on Friday, August 8th. Finally, Needham & Company LLC restated a “buy” rating and issued a $15.00 price target on shares of NCR Voyix in a research report on Monday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $15.57.

Read Our Latest Stock Analysis on VYX

NCR Voyix Company Profile

(Get Free Report)

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.

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Earnings History for NCR Voyix (NYSE:VYX)

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