NCR Voyix (NYSE:VYX) Research Coverage Started at The Goldman Sachs Group

The Goldman Sachs Group started coverage on shares of NCR Voyix (NYSE:VYX) in a report issued on Monday, Marketbeat Ratings reports. The brokerage issued a neutral rating and a $14.00 target price on the stock.

VYX has been the subject of several other reports. Needham & Company LLC restated a “buy” rating and issued a $20.00 target price on shares of NCR Voyix in a report on Monday. DA Davidson cut their price objective on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Finally, Royal Bank of Canada decreased their target price on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a report on Wednesday, August 7th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $16.43.

NCR Voyix Trading Up 0.2 %

Shares of VYX stock opened at $13.26 on Monday. The company has a market capitalization of $1.92 billion, a P/E ratio of -3.95 and a beta of 1.63. NCR Voyix has a 12-month low of $10.87 and a 12-month high of $17.39. The business’s 50 day moving average is $13.03 and its two-hundred day moving average is $13.01.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings data on Tuesday, August 6th. The company reported $0.09 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.07). NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The firm had revenue of $876.00 million for the quarter, compared to analysts’ expectations of $886.60 million. During the same quarter last year, the firm posted $0.73 earnings per share. NCR Voyix’s quarterly revenue was down 7.4% on a year-over-year basis. On average, research analysts predict that NCR Voyix will post -1.44 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider James G. Kelly acquired 14,800 shares of the business’s stock in a transaction that occurred on Tuesday, August 27th. The shares were purchased at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the acquisition, the insider now owns 46,900 shares of the company’s stock, valued at $628,929. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In other NCR Voyix news, EVP Eric Schoch bought 21,692 shares of the business’s stock in a transaction that occurred on Tuesday, August 13th. The shares were purchased at an average cost of $12.19 per share, with a total value of $264,425.48. Following the purchase, the executive vice president now directly owns 101,671 shares in the company, valued at approximately $1,239,369.49. This represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider James G. Kelly purchased 14,800 shares of the firm’s stock in a transaction on Tuesday, August 27th. The stock was acquired at an average cost of $13.41 per share, with a total value of $198,468.00. Following the transaction, the insider now directly owns 46,900 shares in the company, valued at $628,929. This trade represents a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have bought 46,492 shares of company stock worth $577,993 over the last ninety days. Corporate insiders own 0.61% of the company’s stock.

Institutional Trading of NCR Voyix

Hedge funds have recently modified their holdings of the stock. Community Bank of Raymore grew its stake in NCR Voyix by 6.7% during the 3rd quarter. Community Bank of Raymore now owns 48,105 shares of the company’s stock worth $653,000 after purchasing an additional 3,000 shares in the last quarter. Bfsg LLC grew its position in shares of NCR Voyix by 37.6% during the third quarter. Bfsg LLC now owns 19,265 shares of the company’s stock worth $261,000 after buying an additional 5,265 shares in the last quarter. Inspire Investing LLC increased its stake in shares of NCR Voyix by 5.6% during the third quarter. Inspire Investing LLC now owns 30,205 shares of the company’s stock worth $410,000 after buying an additional 1,606 shares during the period. Handelsbanken Fonder AB raised its holdings in NCR Voyix by 28.3% in the third quarter. Handelsbanken Fonder AB now owns 37,204 shares of the company’s stock valued at $505,000 after acquiring an additional 8,200 shares in the last quarter. Finally, SG Americas Securities LLC grew its holdings in NCR Voyix by 12.8% during the 3rd quarter. SG Americas Securities LLC now owns 76,889 shares of the company’s stock worth $1,043,000 after acquiring an additional 8,723 shares in the last quarter. 97.00% of the stock is currently owned by institutional investors and hedge funds.

About NCR Voyix

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.