NCR Voyix Co. (NYSE:VYX) Receives $16.43 Average Target Price from Analysts

Shares of NCR Voyix Co. (NYSE:VYX) have been assigned a consensus recommendation of “Moderate Buy” from the seven analysts that are currently covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $16.43.

Several equities analysts recently weighed in on VYX shares. The Goldman Sachs Group assumed coverage on shares of NCR Voyix in a research note on Monday, October 14th. They issued a “neutral” rating and a $14.00 target price for the company. Royal Bank of Canada decreased their price objective on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating for the company in a research report on Wednesday, August 7th. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 target price on shares of NCR Voyix in a report on Monday, October 14th. Finally, DA Davidson cut their target price on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research note on Friday, August 9th.

NCR Voyix Trading Down 2.6 %

Shares of VYX stock opened at $12.81 on Tuesday. The firm’s fifty day moving average price is $13.22 and its two-hundred day moving average price is $13.07. NCR Voyix has a 1 year low of $10.87 and a 1 year high of $17.39. The firm has a market capitalization of $1.86 billion, a P/E ratio of -3.20 and a beta of 1.63.

NCR Voyix (NYSE:VYX) last released its earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.16 by ($0.07). The company had revenue of $876.00 million for the quarter, compared to the consensus estimate of $886.60 million. NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The business’s revenue was down 7.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.73 EPS. As a group, equities research analysts forecast that NCR Voyix will post -1.52 EPS for the current fiscal year.

Insider Transactions at NCR Voyix

In related news, insider James G. Kelly purchased 14,800 shares of the firm’s stock in a transaction that occurred on Tuesday, August 27th. The shares were acquired at an average price of $13.41 per share, for a total transaction of $198,468.00. Following the purchase, the insider now owns 46,900 shares in the company, valued at approximately $628,929. This represents a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other news, EVP Eric Schoch bought 21,692 shares of the company’s stock in a transaction dated Tuesday, August 13th. The stock was bought at an average price of $12.19 per share, with a total value of $264,425.48. Following the completion of the acquisition, the executive vice president now owns 101,671 shares of the company’s stock, valued at $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 is accessible through this link. Also, insider James G. Kelly bought 14,800 shares of NCR Voyix stock in a transaction dated 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 owns 46,900 shares of the company’s stock, valued at $628,929. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders purchased 46,492 shares of company stock worth $577,993. 0.61% of the stock is owned by insiders.

Institutional Trading of NCR Voyix

Several hedge funds and other institutional investors have recently bought and sold shares of VYX. Blue Trust Inc. grew its position in shares of NCR Voyix by 72.0% during the 2nd quarter. Blue Trust Inc. now owns 2,006 shares of the company’s stock worth $25,000 after purchasing an additional 840 shares in the last quarter. Louisiana State Employees Retirement System increased its stake in NCR Voyix by 1.4% during the 3rd quarter. Louisiana State Employees Retirement System now owns 70,300 shares of the company’s stock worth $954,000 after acquiring an additional 1,000 shares during the period. Arizona State Retirement System raised its holdings in NCR Voyix by 4.1% in the 2nd quarter. Arizona State Retirement System now owns 38,374 shares of the company’s stock valued at $474,000 after acquiring an additional 1,509 shares in the last quarter. Inspire Investing LLC lifted its position in shares of NCR Voyix by 5.6% during the 3rd quarter. Inspire Investing LLC now owns 30,205 shares of the company’s stock valued at $410,000 after acquiring an additional 1,606 shares during the period. Finally, Nisa Investment Advisors LLC lifted its position in shares of NCR Voyix by 61.4% during the 2nd quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company’s stock valued at $62,000 after acquiring an additional 1,903 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

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.