Shares of NCR Voyix Corporation (NYSE:VYX – Get Free Report) traded down 7.6% during mid-day trading on Tuesday . The stock traded as low as $7.65 and last traded at $7.6350. 1,343,180 shares were traded during trading, a decline of 42% from the average daily volume of 2,299,917 shares. The stock had previously closed at $8.26.
Analyst Ratings Changes
A number of research firms have weighed in on VYX. Weiss Ratings upgraded NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 4th. Needham & Company LLC lifted their price target on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Finally, Royal Bank Of Canada boosted their price target on NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research report on Thursday, August 6th. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, NCR Voyix presently has a consensus rating of “Moderate Buy” and a consensus target price of $14.00.
Read Our Latest Analysis on NCR Voyix
NCR Voyix Price Performance
NCR Voyix (NYSE:VYX – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. The company had revenue of $523.00 million for the quarter, compared to the consensus estimate of $515.95 million. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. NCR Voyix’s quarterly revenue was down 21.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities research analysts anticipate that NCR Voyix Corporation will post 0.68 EPS for the current fiscal year.
Institutional Investors Weigh In On NCR Voyix
A number of institutional investors have recently added to or reduced their stakes in VYX. BlackRock Inc. purchased a new stake in NCR Voyix during the 2nd quarter worth approximately $184,310,000. Masters Capital Management LLC increased its stake in shares of NCR Voyix by 16.7% in the 1st quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company’s stock worth $22,155,000 after acquiring an additional 500,000 shares during the last quarter. First Trust Advisors LP purchased a new position in NCR Voyix during the first quarter worth about $925,000. Fifth Third Bancorp raised its position in shares of NCR Voyix by 9,705.3% during the 1st quarter. Fifth Third Bancorp now owns 148,746 shares of the company’s stock valued at $942,000 after buying an additional 147,229 shares during the period. Finally, Expect Equity LLC purchased a new position in NCR Voyix in the second quarter worth approximately $1,665,000. Institutional investors and hedge funds own 97.00% of the company’s stock.
NCR Voyix Company Profile
NCR Voyix Corporation (NYSE: VYX) is a global technology company that provides digital commerce solutions to retailers, restaurants and financial institutions. Its software and services are designed to help businesses manage customer transactions, payments, operations and engagement across physical and digital channels.
The company’s offerings include point-of-sale systems, self-checkout technology, payment processing, digital ordering, loyalty programs, inventory and workforce management tools, restaurant technology, and back-office solutions.
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