NCR Voyix Co. (NYSE:VYX) Receives Average Recommendation of "Moderate Buy" from Analysts

NCR Voyix Co. (NYSE:VYX - Get Free Report) has been assigned an average rating of "Moderate Buy" from the six analysts that are currently covering the stock, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $15.17.

Several research firms have issued reports on VYX. Royal Bank of Canada restated an "outperform" rating and issued a $17.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 25th. The Goldman Sachs Group reduced their price objective on shares of NCR Voyix from $13.00 to $11.00 and set a "neutral" rating for the company in a research report on Wednesday, April 2nd. Finally, Needham & Company LLC reduced their target price on shares of NCR Voyix from $20.00 to $15.00 and set a "buy" rating for the company in a report on Friday, February 28th.

NCR Voyix Stock Performance

Shares of VYX stock opened at $7.81 on Friday. The stock has a market cap of $1.08 billion, a P/E ratio of 1.81 and a beta of 1.49. The company has a fifty day moving average price of $10.08 and a two-hundred day moving average price of $12.39. NCR Voyix has a one year low of $7.67 and a one year high of $15.34. The company has a debt-to-equity ratio of 1.09, a current ratio of 1.20 and a quick ratio of 1.06.

Institutional Investors Weigh In On NCR Voyix

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bfsg LLC boosted its stake in NCR Voyix by 12.0% in the first quarter. Bfsg LLC now owns 21,570 shares of the company's stock valued at $210,000 after buying an additional 2,305 shares in the last quarter. SG Americas Securities LLC grew its holdings in shares of NCR Voyix by 927.4% during the 1st quarter. SG Americas Securities LLC now owns 95,314 shares of the company's stock valued at $929,000 after purchasing an additional 86,037 shares during the last quarter. GAMMA Investing LLC increased its position in NCR Voyix by 439.4% during the 1st quarter. GAMMA Investing LLC now owns 14,079 shares of the company's stock worth $1,444,000 after purchasing an additional 11,469 shares in the last quarter. Wellington Management Group LLP lifted its stake in NCR Voyix by 2.1% in the 4th quarter. Wellington Management Group LLP now owns 1,216,361 shares of the company's stock valued at $16,834,000 after purchasing an additional 25,129 shares during the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in NCR Voyix in the fourth quarter valued at approximately $587,000. 97.00% of the stock is currently owned by institutional investors.

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.

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