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

NCR Voyix Co. (NYSE:VYX - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven brokerages that are covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and six have given 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 $15.71.

Separately, Needham & Company LLC reduced their price objective on NCR Voyix from $20.00 to $15.00 and set a "buy" rating for the company in a research note on Friday.

Hedge Funds Weigh In On NCR Voyix

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

NCR Voyix Stock Down 8.0 %

Shares of NYSE VYX traded down $0.90 during midday trading on Friday, hitting $10.38. 2,982,605 shares of the stock traded hands, compared to its average volume of 1,504,130. The company has a market cap of $1.52 billion, a PE ratio of 2.40 and a beta of 1.62. NCR Voyix has a one year low of $10.36 and a one year high of $15.34. The business has a 50 day moving average price of $12.85 and a two-hundred day moving average price of $13.34. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20.

About NCR Voyix

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.