NCR Voyix Co. (NYSE:VYX) Receives $18.83 Average PT from Analysts

NCR Voyix Co. (NYSE:VYX) has been given an average rating of “Moderate Buy” by the six analysts that are covering the company, MarketBeat reports. One equities research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is $18.83.

A number of research firms recently commented on VYX. DA Davidson decreased their target price on NCR Voyix from $24.00 to $20.00 and set a “buy” rating for the company in a report on Wednesday, March 6th. Needham & Company LLC decreased their target price on NCR Voyix from $22.00 to $20.00 and set a “buy” rating for the company in a report on Friday, March 1st. Royal Bank of Canada reaffirmed an “outperform” rating and set a $23.00 target price on shares of NCR Voyix in a report on Tuesday, March 5th. Northcoast Research raised NCR Voyix from a “neutral” rating to a “buy” rating and set a $17.00 target price for the company in a report on Tuesday, March 12th. Finally, The Goldman Sachs Group began coverage on NCR Voyix in a report on Monday. They set a “neutral” rating and a $14.00 target price for the company.

NCR Voyix Stock Performance

NYSE VYX opened at $13.10 on Monday. The company has a market cap of $1.89 billion, a P/E ratio of -4.35 and a beta of 1.58. The firm’s 50 day moving average price is $14.33. NCR Voyix has a one year low of $10.99 and a one year high of $19.01. The company has a quick ratio of 0.71, a current ratio of 0.90 and a debt-to-equity ratio of 102.52.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Thursday, February 29th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.82 by ($0.92). NCR Voyix had a negative net margin of 5.98% and a positive return on equity of 21.46%. The firm had revenue of $963.00 million for the quarter, compared to analysts’ expectations of $959.23 million. The business’s quarterly revenue was down .3% compared to the same quarter last year. As a group, equities analysts predict that NCR Voyix will post 3.17 EPS for the current fiscal year.

About NCR Voyix

NCR Voyix Corporation provides various software and services in the United States, Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Retail, Hospitality, Digital Banking, Payments & Network, and Self-Service Banking segments. It offers managed services, including ATM-as-a-Service solutions that allow banks to run their end-to-end ATM channels; software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.