NCR Voyix Corporation (VYX) – What Are Investment Firms Thinking About This Stock?

Shares of NCR Voyix Corporation (NYSE:VYX) have received a consensus rating of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $12.20.

Several brokerages recently issued reports on VYX. Needham & Company LLC restated a “buy” rating and set a $14.00 target price on shares of NCR Voyix in a research report on Tuesday, September 29th. The Goldman Sachs Group cut their price target on NCR Voyix from $9.75 to $8.00 and set a “neutral” rating on the stock in a research report on Tuesday, October 13th. Royal Bank Of Canada lifted 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. Finally, Weiss Ratings raised NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 4th.

Institutional Investors Weigh In On NCR Voyix

Several hedge funds have recently bought and sold shares of the stock. BlackRock Inc. purchased a new position in shares of NCR Voyix during the 2nd quarter valued at approximately $184,310,000. Dimensional Fund Advisors LP boosted its holdings in NCR Voyix by 27.0% during the first quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company’s stock worth $39,689,000 after buying an additional 1,334,716 shares in the last quarter. Private Management Group Inc. boosted its holdings in NCR Voyix by 14.3% during the second quarter. Private Management Group Inc. now owns 4,329,342 shares of the company’s stock worth $35,371,000 after buying an additional 541,625 shares in the last quarter. Wellington Management Group LLP grew its position in NCR Voyix by 72.2% during the second quarter. Wellington Management Group LLP now owns 3,301,936 shares of the company’s stock valued at $26,977,000 after buying an additional 1,384,935 shares during the period. Finally, Masters Capital Management LLC grew its position in NCR Voyix by 16.7% during the first quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company’s stock valued at $22,155,000 after buying an additional 500,000 shares during the period. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Trading Up 1.5%

Shares of NYSE:VYX opened at $9.89 on Tuesday. NCR Voyix has a 52-week low of $6.02 and a 52-week high of $11.51. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of 13.94 and a beta of 1.40. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. The business has a 50-day moving average price of $7.87 and a 200-day moving average price of $7.81.

NCR Voyix (NYSE:VYX) last issued its earnings results on Thursday, November 5th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.04. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%. The firm had revenue of $539.00 million for the quarter, compared to analyst estimates of $538.85 million. During the same quarter in the prior year, the firm earned $0.31 earnings per share. NCR Voyix’s revenue for the quarter was down 21.2% on a year-over-year basis. Equities analysts predict that NCR Voyix will post 0.68 EPS for the current year.

About NCR Voyix

NCR Voyix Corporation provides software, technology and services to retailers and restaurants. Its offerings include point-of-sale systems, self-service checkout and ordering, payment solutions, and software that helps businesses manage operations and customer experiences across in-store and digital channels.

The company was formed in 2023 when NCR Corporation separated its ATM-focused business into NCR Atleos and renamed the remaining company NCR Voyix. NCR Voyix later divested its digital banking business, sharpening its focus on retail and restaurant technology.

NCR Voyix serves businesses in North America and international markets, including Europe, the Middle East and Africa, Asia-Pacific, and Latin America.