NCR Voyix’s (VYX) “Buy” Rating Reiterated at Needham & Company LLC

Needham & Company LLC reaffirmed their buy rating on shares of NCR Voyix (NYSE:VYX) in a research report sent to investors on Tuesday morning,Benzinga reports. They currently have a $14.00 price objective on the stock.

Several other research analysts have also recently commented on VYX. Weiss Ratings upgraded NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 4th. Royal Bank Of Canada raised their price objective on NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $12.40.

NCR Voyix Price Performance

VYX opened at $6.84 on Tuesday. NCR Voyix has a twelve month low of $6.02 and a twelve month high of $13.02. The firm has a market cap of $944.95 million, a price-to-earnings ratio of 17.11 and a beta of 1.42. The company has a current ratio of 1.07, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The company has a fifty day simple moving average of $8.04 and a 200 day simple moving average of $7.48.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The firm had revenue of $523.00 million for the quarter, compared to analyst estimates of $515.95 million. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The firm’s revenue was down 21.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities research analysts expect that NCR Voyix will post 0.68 EPS for the current fiscal year.

Institutional Trading of NCR Voyix

Institutional investors and hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC acquired a new position in shares of NCR Voyix in the 2nd quarter worth approximately $30,000. IFP Advisors Inc raised its position in shares of NCR Voyix by 60,644.4% during the 2nd quarter. IFP Advisors Inc now owns 5,467 shares of the company’s stock valued at $45,000 after acquiring an additional 5,458 shares in the last quarter. Arizona State Retirement System lifted its stake in NCR Voyix by 6.0% during the second quarter. Arizona State Retirement System now owns 38,357 shares of the company’s stock worth $313,000 after purchasing an additional 2,174 shares during the last quarter. Corient Private Wealth LP bought a new position in NCR Voyix during the second quarter worth $208,000. Finally, HighTower Advisors LLC acquired a new position in NCR Voyix in the second quarter worth $86,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix Corporation (NYSE: VYX) is a global technology company that provides digital commerce solutions to retailers, restaurants and financial institutions. Its software and services are designed to help businesses manage customer transactions, payments, operations and engagement across physical and digital channels.

The company’s offerings include point-of-sale systems, self-checkout technology, payment processing, digital ordering, loyalty programs, inventory and workforce management tools, restaurant technology, and back-office solutions.