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

Shares of NCR Voyix Co. (NYSE:VYX - Get Free Report) have earned an average rating of "Moderate Buy" from the seven ratings firms that are presently covering the company, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have issued a buy rating on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $16.43.

Several equities analysts have weighed in on the stock. Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 price target on shares of NCR Voyix in a report on Wednesday, August 7th. DA Davidson lowered their target price on shares of NCR Voyix from $20.00 to $16.00 and set a "buy" rating on the stock in a research note on Friday, August 9th. Stifel Nicolaus started coverage on NCR Voyix in a research note on Wednesday, June 12th. They issued a "buy" rating and a $16.00 price target for the company. Finally, Royal Bank of Canada decreased their price target on NCR Voyix from $19.00 to $16.00 and set an "outperform" rating on the stock in a report on Wednesday, August 7th.

NCR Voyix Stock Performance

Shares of VYX stock traded down $0.07 during mid-day trading on Friday, reaching $13.70. 932,086 shares of the company's stock traded hands, compared to its average volume of 2,240,939. The company has a debt-to-equity ratio of 102.52, a quick ratio of 0.67 and a current ratio of 0.85. The firm has a market capitalization of $1.99 billion, a PE ratio of -4.14 and a beta of 1.63. NCR Voyix has a 12 month low of $10.87 and a 12 month high of $18.04. The firm has a 50 day moving average price of $13.11 and a two-hundred day moving average price of $12.98.

NCR Voyix (NYSE:VYX - Get Free Report) last released its quarterly 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). NCR Voyix had a negative net margin of 11.68% and a positive return on equity of 7.35%. The company had revenue of $876.00 million for the quarter, compared to the consensus estimate of $886.60 million. During the same period in the prior year, the firm posted $0.73 EPS. The business's revenue for the quarter was down 7.4% on a year-over-year basis. On average, research analysts forecast that NCR Voyix will post -1.44 EPS for the current year.

Insider Transactions at NCR Voyix

In other news, CFO Brian J. Webb-Walsh bought 10,000 shares of the stock in a transaction dated Thursday, August 8th. The stock was purchased at an average cost of $11.51 per share, for a total transaction of $115,100.00. Following the transaction, the chief financial officer now owns 142,288 shares of the company's stock, valued at $1,637,734.88. The trade was a 0.00 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In related news, EVP Eric Schoch acquired 21,692 shares of NCR Voyix stock in a transaction on Tuesday, August 13th. The shares were bought at an average cost of $12.19 per share, with a total value of $264,425.48. Following the completion of the purchase, the executive vice president now directly owns 101,671 shares of the company's stock, valued at $1,239,369.49. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Brian J. Webb-Walsh acquired 10,000 shares of the stock in a transaction dated Thursday, August 8th. The stock was bought at an average cost of $11.51 per share, with a total value of $115,100.00. Following the completion of the purchase, the chief financial officer now directly owns 142,288 shares in the company, valued at approximately $1,637,734.88. The trade was a 0.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last three months, insiders have bought 46,492 shares of company stock valued at $577,993. 0.61% of the stock is currently owned by insiders.

Institutional Trading of NCR Voyix

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Blue Trust Inc. boosted its stake in NCR Voyix by 72.0% during the second quarter. Blue Trust Inc. now owns 2,006 shares of the company's stock worth $25,000 after buying an additional 840 shares during the period. Mather Group LLC. purchased a new position in shares of NCR Voyix during the 2nd quarter worth about $41,000. Bessemer Group Inc. purchased a new position in shares of NCR Voyix during the 1st quarter worth about $43,000. SYSTM Wealth Solutions LLC bought a new position in NCR Voyix during the 1st quarter valued at about $46,000. Finally, Nisa Investment Advisors LLC raised its position in NCR Voyix by 61.4% in the 2nd quarter. Nisa Investment Advisors LLC now owns 5,003 shares of the company's stock worth $62,000 after purchasing an additional 1,903 shares during the period. Hedge funds and other institutional investors 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.