NCR Voyix (NYSE:VYX) Price Target Cut to $14.00 by Analysts at DA Davidson

NCR Voyix (NYSE:VYX) had its price objective cut by stock analysts at DA Davidson from $17.00 to $14.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the stock. DA Davidson’s price objective would indicate a potential upside of 70.52% from the stock’s previous close.

VYX has been the subject of several other reports. Needham & Company LLC reduced their price objective on NCR Voyix from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Thursday, February 26th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a report on Monday, December 29th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $13.00 price target on shares of NCR Voyix in a research report on Thursday, February 26th. Zacks Research cut NCR Voyix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. Finally, Stifel Nicolaus set a $12.00 price objective on NCR Voyix in a report on Thursday, February 26th. Six research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, NCR Voyix currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.19.

NCR Voyix Price Performance

Shares of VYX traded up $0.03 during mid-day trading on Thursday, hitting $8.21. The company’s stock had a trading volume of 945,787 shares, compared to its average volume of 1,956,120. The company has a debt-to-equity ratio of 1.16, a current ratio of 1.04 and a quick ratio of 0.83. The firm has a 50-day moving average price of $9.84 and a 200 day moving average price of $10.99. NCR Voyix has a fifty-two week low of $7.25 and a fifty-two week high of $14.67. The stock has a market capitalization of $1.14 billion, a price-to-earnings ratio of 28.31 and a beta of 1.48.

NCR Voyix (NYSE:VYX) last released its earnings results on Thursday, February 26th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.29 by $0.02. The business had revenue of $720.00 million during the quarter, compared to analyst estimates of $690.52 million. NCR Voyix had a net margin of 1.71% and a return on equity of 10.97%. The business’s quarterly revenue was up 5.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.22 earnings per share. NCR Voyix has set its FY 2026 guidance at 0.930-0.960 EPS. On average, research analysts predict that NCR Voyix will post -0.86 EPS for the current fiscal year.

Institutional Investors Weigh In On NCR Voyix

Several hedge funds have recently bought and sold shares of the business. Vanguard Group Inc. lifted its position in shares of NCR Voyix by 2.2% in the fourth quarter. Vanguard Group Inc. now owns 18,087,393 shares of the company’s stock worth $184,491,000 after purchasing an additional 383,873 shares in the last quarter. Boston Partners grew its position in NCR Voyix by 16.0% during the third quarter. Boston Partners now owns 5,796,446 shares of the company’s stock valued at $72,650,000 after purchasing an additional 799,058 shares in the last quarter. State Street Corp increased its stake in NCR Voyix by 0.8% in the 4th quarter. State Street Corp now owns 5,730,485 shares of the company’s stock valued at $58,451,000 after buying an additional 45,452 shares during the period. Dimensional Fund Advisors LP lifted its position in NCR Voyix by 9.5% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,935,263 shares of the company’s stock worth $50,341,000 after buying an additional 427,449 shares in the last quarter. Finally, Brown Advisory Inc. boosted its stake in shares of NCR Voyix by 6.3% during the 2nd quarter. Brown Advisory Inc. now owns 3,805,718 shares of the company’s stock valued at $44,641,000 after buying an additional 226,869 shares during the period. 97.00% of the stock is owned by hedge funds and other institutional investors.

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.