Media stories about NCR (NYSE:NCR) have been trending somewhat positive on Thursday, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. NCR earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media stories about the information technology services provider an impact score of 46.1350733655621 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Here are some of the news articles that may have effected Accern Sentiment’s rankings:
- Business Opportunities in Billion Dollar Point of Sale (POS) Industry Expected to Reach New Levels of Revenue – PR Newswire UK (press release) (prnewswire.co.uk)
- The Newest Co-working Space in Delhi-NCR Set to Open with a Full-house – BW Businessworld (bwdisrupt.businessworld.in)
- NCR Chairman and CEO Bill Nuti to Step Down for Health Reasons (finance.yahoo.com)
- Contrasting Lantronix (LTRX) and NCR (NCR) (americanbankingnews.com)
- TheMomsCo launches baby care range, to expand offline presence (huewire.com)
A number of equities research analysts have issued reports on NCR shares. Zacks Investment Research raised NCR from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. ValuEngine raised NCR from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Benchmark reaffirmed a “buy” rating and issued a $44.00 price target on shares of NCR in a research report on Wednesday, February 7th. TheStreet lowered NCR from a “b-” rating to a “c” rating in a research report on Friday, February 9th. Finally, DA Davidson began coverage on NCR in a research report on Wednesday, February 7th. They issued a “neutral” rating and a $39.00 price target on the stock. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of $43.33.
NCR (NYSE:NCR) last issued its earnings results on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.87 by $0.05. NCR had a return on equity of 80.11% and a net margin of 3.56%. The business had revenue of $1.78 billion for the quarter, compared to analyst estimates of $1.75 billion. During the same quarter last year, the company earned $1.07 EPS. The business’s quarterly revenue was down 1.1% on a year-over-year basis. sell-side analysts forecast that NCR will post 3.34 earnings per share for the current year.
In related news, EVP Paul Langenbahn sold 4,522 shares of the firm’s stock in a transaction that occurred on Monday, March 5th. The stock was sold at an average price of $33.90, for a total transaction of $153,295.80. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP J. Robert Ciminera sold 1,937 shares of the firm’s stock in a transaction that occurred on Tuesday, January 23rd. The stock was sold at an average price of $37.36, for a total value of $72,366.32. Following the transaction, the executive vice president now owns 6,802 shares in the company, valued at approximately $254,122.72. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by company insiders.
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NCR Company Profile
NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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