Brokerages Set NCR Voyix Co. (NYSE:VYX) Target Price at $15.50

NCR Voyix Co. (NYSE:VYX) has been given an average rating of “Moderate Buy” by the six brokerages that are presently covering the firm, Marketbeat reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $15.67.

VYX has been the topic of a number of recent research reports. Needham & Company LLC cut their target price on NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, February 28th. Royal Bank of Canada reiterated an “outperform” rating and issued a $17.00 price objective on shares of NCR Voyix in a research report on Tuesday.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VYX. Shapiro Capital Management LLC grew its position in NCR Voyix by 10.1% in the 4th quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company’s stock valued at $144,084,000 after buying an additional 956,177 shares in the last quarter. Engaged Capital LLC boosted its holdings in shares of NCR Voyix by 14.1% in the third quarter. Engaged Capital LLC now owns 7,171,029 shares of the company’s stock valued at $97,311,000 after acquiring an additional 885,000 shares in the last quarter. Greenhouse Funds LLLP raised its holdings in NCR Voyix by 10.4% during the fourth quarter. Greenhouse Funds LLLP now owns 8,332,854 shares of the company’s stock worth $115,327,000 after purchasing an additional 787,032 shares in the last quarter. Philosophy Capital Management LLC lifted its position in NCR Voyix by 28.6% in the third quarter. Philosophy Capital Management LLC now owns 3,094,733 shares of the company’s stock worth $41,996,000 after purchasing an additional 688,684 shares during the period. Finally, Boston Partners boosted its stake in NCR Voyix by 966.8% during the 4th quarter. Boston Partners now owns 732,480 shares of the company’s stock valued at $10,131,000 after purchasing an additional 663,821 shares in the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Stock Up 4.5 %

Shares of NCR Voyix stock opened at $10.42 on Tuesday. The stock has a market capitalization of $1.45 billion, a price-to-earnings ratio of 2.41 and a beta of 1.56. NCR Voyix has a twelve month low of $9.53 and a twelve month high of $15.34. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The business’s 50 day simple moving average is $11.52 and its 200-day simple moving average is $12.96.

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.