NCR Voyix (VYX) to Release Earnings on Tuesday

NCR Voyix (NYSE:VYX) is scheduled to be releasing its earnings data before the market opens on Tuesday, August 6th. Analysts expect NCR Voyix to post earnings of ($0.11) per share for the quarter. NCR Voyix has set its FY 2024 guidance at EPS.

NCR Voyix (NYSE:VYX) last announced its earnings results on Thursday, May 9th. The company reported $0.05 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.01). The firm had revenue of $862.00 million for the quarter, compared to the consensus estimate of $856.00 million. NCR Voyix had a positive return on equity of 27.60% and a negative net margin of 7.88%. On average, analysts expect NCR Voyix to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

NCR Voyix Price Performance

Shares of VYX stock traded up $0.05 during trading hours on Wednesday, reaching $14.84. The company’s stock had a trading volume of 70,973 shares, compared to its average volume of 2,363,183. The firm’s 50 day simple moving average is $13.39 and its 200-day simple moving average is $13.42. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of -4.40 and a beta of 1.64. NCR Voyix has a fifty-two week low of $10.99 and a fifty-two week high of $19.01. The company has a quick ratio of 0.73, a current ratio of 0.93 and a debt-to-equity ratio of 102.52.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on VYX shares. Stephens reaffirmed an “overweight” rating and issued a $16.00 target price on shares of NCR Voyix in a report on Monday, May 13th. Stifel Nicolaus initiated coverage on NCR Voyix in a report on Wednesday, June 12th. They set a “buy” rating and a $16.00 price objective on the stock. Royal Bank of Canada reissued an “outperform” rating and set a $23.00 price objective on shares of NCR Voyix in a report on Friday, April 5th. Finally, Needham & Company LLC reissued a “buy” rating and set a $20.00 price objective on shares of NCR Voyix in a report on Friday, May 10th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $18.00.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.