NCR Voyix (NYSE:VYX) Trading Down 6.3% After Analyst Downgrade

NCR Voyix Corporation (NYSE:VYX) shares fell 6.3% during mid-day trading on Tuesday after The Goldman Sachs Group lowered their price target on the stock from $13.00 to $11.50. The Goldman Sachs Group currently has a neutral rating on the stock. NCR Voyix traded as low as $10.42 and last traded at $10.4150. 385,442 shares traded hands during trading, a decline of 73% from the average session volume of 1,452,969 shares. The stock had previously closed at $11.11.

Several other equities analysts have also recently weighed in on VYX. Zacks Research cut shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. UBS Group set a $18.00 price objective on NCR Voyix in a research report on Monday, September 29th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a report on Monday, December 29th. Oppenheimer increased their price target on 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 restated a “buy” rating and set a $15.00 price target on shares of NCR Voyix in a report on Monday, September 29th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $15.64.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Federated Hermes Inc. bought a new position in NCR Voyix during the third quarter valued at $28,000. Parkside Financial Bank & Trust grew its holdings in NCR Voyix by 2,835.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock valued at $41,000 after purchasing an additional 3,402 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in NCR Voyix during the 3rd quarter valued at about $56,000. Blue Trust Inc. lifted its stake in NCR Voyix by 33.5% in the third quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock worth $60,000 after purchasing an additional 1,193 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in NCR Voyix by 299.9% in the second 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 last quarter. 97.00% of the stock is owned by hedge funds and other institutional investors.

NCR Voyix Stock Down 3.1%

The firm has a market cap of $1.49 billion, a PE ratio of -24.31 and a beta of 1.46. The company has a 50-day simple moving average of $10.34 and a 200-day simple moving average of $11.93. The company has a debt-to-equity ratio of 1.30, a current ratio of 1.13 and a quick ratio of 0.94.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. The firm had revenue of $1.63 billion during the quarter. NCR Voyix had a positive return on equity of 5.08% and a negative net margin of 2.15%.NCR Voyix has set its FY 2025 guidance at 0.850-0.900 EPS. Analysts expect that NCR Voyix Corporation will post -0.86 earnings per share 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.