NCR Voyix (NYSE:VYX) Stock Price Up 4.3% – Here’s What Happened

NCR Voyix Corporation (NYSE:VYXGet Free Report)’s share price was up 4.3% during mid-day trading on Tuesday . The stock traded as high as $7.96 and last traded at $7.93. Approximately 854,389 shares were traded during mid-day trading, a decline of 56% from the average daily volume of 1,924,482 shares. The stock had previously closed at $7.60.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VYX. Stifel Nicolaus set a $12.00 target price on NCR Voyix in a report on Thursday. Zacks Research downgraded shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $13.00 price target on shares of NCR Voyix in a research note on Thursday. The Goldman Sachs Group dropped their target price on NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a research report on Tuesday, January 13th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of NCR Voyix in a report on Monday, December 29th. Five equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $14.21.

Read Our Latest Report on VYX

NCR Voyix Stock Up 6.4%

The company has a market cap of $1.12 billion, a price-to-earnings ratio of 27.90 and a beta of 1.48. The business has a 50-day simple moving average of $9.93 and a two-hundred day simple moving average of $11.04. The company has a quick ratio of 0.83, a current ratio of 1.04 and a debt-to-equity ratio of 1.16.

NCR Voyix (NYSE:VYXGet Free Report) last issued its quarterly earnings data on Thursday, February 26th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. The business had revenue of $720.00 million for the quarter, compared to the consensus estimate of $690.52 million. NCR Voyix had a return on equity of 10.97% and a net margin of 1.71%.The firm’s revenue was up 5.6% compared to the same quarter last year. During the same period last year, the business earned $0.22 EPS. NCR Voyix has set its FY 2026 guidance at 0.930-0.960 EPS. As a group, equities analysts forecast that NCR Voyix Corporation will post -0.86 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VYX. Contrarian Capital Management L.L.C. lifted its position in shares of NCR Voyix by 2.1% during the 3rd quarter. Contrarian Capital Management L.L.C. now owns 48,000 shares of the company’s stock worth $602,000 after purchasing an additional 1,000 shares during the last quarter. Blue Trust Inc. boosted its position in shares of NCR Voyix by 33.5% in the third quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock valued at $60,000 after acquiring an additional 1,193 shares during the period. Parkside Financial Bank & Trust boosted its position in shares of NCR Voyix by 34.7% in the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock valued at $48,000 after acquiring an additional 1,221 shares during the period. Intech Investment Management LLC grew its stake in shares of NCR Voyix by 1.7% in the second quarter. Intech Investment Management LLC now owns 73,821 shares of the company’s stock worth $866,000 after acquiring an additional 1,259 shares during the last quarter. Finally, Amalgamated Bank increased its position in NCR Voyix by 3.4% during the third quarter. Amalgamated Bank now owns 40,871 shares of the company’s stock worth $513,000 after acquiring an additional 1,358 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Company Profile

(Get Free Report)

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.

Further Reading

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