Shares of NCR Voyix Corporation (NYSE:VYX – Get Free Report) traded down 4.7% on Tuesday. The company traded as low as $7.79 and last traded at $7.7750. Approximately 407,510 shares changed hands during trading, a decline of 83% from the average session volume of 2,398,994 shares. The stock had previously closed at $8.16.
Analyst Upgrades and Downgrades
Several research analysts have commented on VYX shares. Needham & Company LLC restated a “buy” rating and issued a $14.00 target price on shares of NCR Voyix in a research report on Tuesday, September 29th. Royal Bank Of Canada increased their target price on shares of NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. The Goldman Sachs Group cut their price target on shares of NCR Voyix from $9.75 to $8.00 and set a “neutral” rating on the stock in a report on Tuesday, October 13th. Finally, Weiss Ratings raised shares of NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, September 4th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.20.
View Our Latest Stock Report on NCR Voyix
NCR Voyix Stock Down 5.3%
NCR Voyix (NYSE:VYX – Get Free Report) last posted its quarterly earnings data 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. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The firm had revenue of $523.00 million during the quarter, compared to analysts’ expectations of $515.95 million. During the same quarter in the previous year, the company posted $0.19 EPS. NCR Voyix’s revenue was down 21.5% on a year-over-year basis. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities analysts expect that NCR Voyix Corporation will post 0.68 EPS for the current year.
Institutional Investors Weigh In On NCR Voyix
Hedge funds have recently modified their holdings of the company. IFP Advisors Inc grew its stake in shares of NCR Voyix by 67.8% in the third quarter. IFP Advisors Inc now owns 9,171 shares of the company’s stock worth $63,000 after purchasing an additional 3,704 shares during the last quarter. Counterpoint Mutual Funds LLC purchased a new position in shares of NCR Voyix during the third quarter valued at approximately $824,000. Integrated Wealth Concepts LLC bought a new position in shares of NCR Voyix during the second quarter valued at about $30,000. Arizona State Retirement System boosted its position in NCR Voyix by 6.0% in the second quarter. Arizona State Retirement System now owns 38,357 shares of the company’s stock worth $313,000 after purchasing an additional 2,174 shares during the last quarter. Finally, Corient Private Wealth LP purchased a new stake in NCR Voyix in the second quarter worth $208,000. 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 software, hardware and services for businesses in the retail, restaurant and financial services industries. Its solutions are designed to help companies manage transactions, customer engagement, payments, inventory and other commerce-related operations across physical and digital channels.
The company’s offerings include point-of-sale systems, self-checkout technology, payment solutions, order and fulfillment tools, loyalty programs, digital commerce platforms and related hardware and support services.
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