NCR Voyix (VYX) to Release Quarterly Earnings on Thursday

NCR Voyix (NYSE:VYX - Get Free Report) will be posting its quarterly earnings results before the market opens on Thursday, November 7th. Analysts expect NCR Voyix to post earnings of ($0.14) per share for the quarter. NCR Voyix has set its FY 2024 guidance at EPS.Parties that wish to listen to the company's conference call can do so using this link.

NCR Voyix (NYSE:VYX - Get Free Report) last released its earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.07). NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The business had revenue of $876.00 million for the quarter, compared to the consensus estimate of $886.60 million. During the same quarter in the previous year, the company earned $0.73 earnings per share. The firm's revenue for the quarter was down 7.4% on a year-over-year basis. On average, analysts expect NCR Voyix to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NCR Voyix Price Performance

Shares of VYX stock traded down $0.34 on Thursday, hitting $12.81. 1,187,962 shares of the company's stock were exchanged, compared to its average volume of 2,120,806. The company has a 50 day moving average of $13.22 and a 200 day moving average of $13.07. The stock has a market cap of $1.86 billion, a P/E ratio of -3.20 and a beta of 1.63. NCR Voyix has a 12 month low of $10.87 and a 12 month high of $17.39.

Insider Buying and Selling at NCR Voyix

In other news, insider James G. Kelly acquired 14,800 shares of NCR Voyix stock in a transaction dated Tuesday, August 27th. The shares were bought at an average cost of $13.41 per share, with a total value of $198,468.00. Following the purchase, the insider now owns 46,900 shares in the company, valued at $628,929. This trade represents a 0.00 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at this hyperlink. In related news, EVP Eric Schoch bought 21,692 shares of the company's stock in a transaction that occurred on Tuesday, August 13th. The shares were bought at an average price of $12.19 per share, for a total transaction of $264,425.48. Following the transaction, the executive vice president now directly owns 101,671 shares of the company's stock, valued at approximately $1,239,369.49. The trade was a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider James G. Kelly purchased 14,800 shares of NCR Voyix stock in a transaction on Tuesday, August 27th. The stock was bought at an average price of $13.41 per share, with a total value of $198,468.00. Following the completion of the acquisition, the insider now directly owns 46,900 shares of the company's stock, valued at approximately $628,929. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 46,492 shares of company stock valued at $577,993. 0.61% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently issued reports on VYX shares. Needham & Company LLC reaffirmed a "buy" rating and set a $20.00 price target on shares of NCR Voyix in a report on Monday, October 14th. Royal Bank of Canada dropped their price target on NCR Voyix from $19.00 to $16.00 and set an "outperform" rating for the company in a research note on Wednesday, August 7th. The Goldman Sachs Group assumed coverage on NCR Voyix in a report on Monday, October 14th. They set a "neutral" rating and a $14.00 price objective on the stock. Finally, DA Davidson lowered their target price on NCR Voyix from $20.00 to $16.00 and set a "buy" rating for the company in a report on Friday, August 9th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, NCR Voyix presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.43.

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.