NCR Voyix Co. (NYSE:VYX) Receives $18.83 Average PT from Analysts

Shares of NCR Voyix Co. (NYSE:VYX) have been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are presently covering the company, Marketbeat Ratings reports. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have issued ratings on the stock in the last year is $18.83.

A number of brokerages recently weighed in on VYX. DA Davidson restated a “buy” rating and set a $20.00 target price on shares of NCR Voyix in a report on Thursday, March 28th. Northcoast Research upgraded shares of NCR Voyix from a “neutral” rating to a “buy” rating and set a $17.00 target price for the company in a report on Tuesday, March 12th. Royal Bank of Canada restated an “outperform” rating and set a $23.00 target price on shares of NCR Voyix in a report on Friday, April 5th. Needham & Company LLC restated a “buy” rating and set a $20.00 target price on shares of NCR Voyix in a report on Monday, March 25th. Finally, The Goldman Sachs Group initiated coverage on shares of NCR Voyix in a report on Monday, March 18th. They set a “neutral” rating and a $14.00 target price for the company.

NCR Voyix Trading Down 0.1 %

Shares of NYSE:VYX opened at $11.98 on Friday. The company has a 50 day moving average price of $13.32. NCR Voyix has a 52 week low of $10.99 and a 52 week high of $19.01. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of -3.98 and a beta of 1.56. The company has a quick ratio of 0.71, a current ratio of 0.90 and a debt-to-equity ratio of 102.52.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Thursday, February 29th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of $0.82 by ($0.92). NCR Voyix had a negative net margin of 5.98% and a positive return on equity of 21.46%. The firm had revenue of $963.00 million during the quarter, compared to analyst estimates of $959.23 million. The business’s quarterly revenue was down .3% compared to the same quarter last year. Analysts predict that NCR Voyix will post 3.17 EPS for the current year.

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.