NCR Voyix Co. (NYSE:VYX) Given Average Recommendation of "Moderate Buy" by Brokerages

Shares of NCR Voyix Co. (NYSE:VYX - Get Free Report) have been assigned an average rating of "Moderate Buy" from the six analysts that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is $15.67.

Several equities analysts recently issued reports on the stock. Royal Bank of Canada reissued an "outperform" rating and set a $17.00 price objective on shares of NCR Voyix in a report on Tuesday. Needham & Company LLC reduced their price target on NCR Voyix from $20.00 to $15.00 and set a "buy" rating for the company in a research report on Friday, February 28th.

NCR Voyix Stock Down 4.3 %

Shares of VYX traded down $0.45 during midday trading on Tuesday, reaching $10.01. 2,058,172 shares of the stock were exchanged, compared to its average volume of 1,848,853. 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 company's 50 day moving average is $11.46 and its two-hundred day moving average is $12.94. The company has a market capitalization of $1.39 billion, a P/E ratio of 2.32 and a beta of 1.56. NCR Voyix has a 52 week low of $9.53 and a 52 week high of $15.34.

Institutional Investors Weigh In On NCR Voyix

Large investors have recently modified their holdings of the business. Pathstone Holdings LLC increased its holdings in shares of NCR Voyix by 651.1% during the 3rd quarter. Pathstone Holdings LLC now owns 211,551 shares of the company's stock worth $2,871,000 after buying an additional 183,387 shares during the last quarter. Intech Investment Management LLC purchased a new stake in shares of NCR Voyix in the 3rd quarter valued at approximately $427,000. Charles Schwab Investment Management Inc. raised its stake in NCR Voyix by 10.2% in the third quarter. Charles Schwab Investment Management Inc. now owns 2,582,882 shares of the company's stock valued at $35,050,000 after buying an additional 238,555 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in NCR Voyix by 44.1% in the third quarter. Penserra Capital Management LLC now owns 178,875 shares of the company's stock valued at $2,427,000 after purchasing an additional 54,714 shares in the last quarter. Finally, Truvestments Capital LLC purchased a new stake in NCR Voyix in the third quarter valued at $25,000. Hedge funds and other institutional investors own 97.00% of the company's stock.

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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.