NCR Voyix (NYSE:VYX) Price Target Cut to $11.50 by Analysts at The Goldman Sachs Group

NCR Voyix (NYSE:VYX) had its price objective dropped by investment analysts at The Goldman Sachs Group from $13.00 to $11.50 in a research note issued to investors on Tuesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. The Goldman Sachs Group’s price target would suggest a potential upside of 10.00% from the stock’s current price.

Several other equities analysts have also recently weighed in on the company. Weiss Ratings reissued a “sell (d)” rating on shares of NCR Voyix in a research report on Monday, December 29th. Zacks Research lowered NCR Voyix from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. UBS Group set a $18.00 price objective on NCR Voyix in a research report on Monday, September 29th. Oppenheimer boosted their target price on shares of NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a research report on Monday, September 29th. Finally, Needham & Company LLC reiterated a “buy” rating and set a $15.00 target price on shares of NCR Voyix in a research note on Monday, September 29th. Five research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $15.64.

NCR Voyix Stock Performance

Shares of NYSE:VYX traded down $0.66 during trading on Tuesday, reaching $10.46. The stock had a trading volume of 931,893 shares, compared to its average volume of 1,548,451. The stock has a fifty day simple moving average of $10.34 and a two-hundred day simple moving average of $11.93. The company has a quick ratio of 0.94, a current ratio of 1.13 and a debt-to-equity ratio of 1.30. NCR Voyix has a 52 week low of $7.55 and a 52 week high of $14.67. The firm has a market capitalization of $1.45 billion, a price-to-earnings ratio of -23.78 and a beta of 1.46.

NCR Voyix (NYSE:VYX) last posted its earnings results on Wednesday, April 13th. The company reported $0.59 earnings per share (EPS) for the quarter. NCR Voyix had a negative net margin of 2.15% and a positive return on equity of 5.08%. The business had revenue of $1.63 billion for the quarter. NCR Voyix has set its FY 2025 guidance at 0.850-0.900 EPS. As a group, analysts anticipate that NCR Voyix will post -0.86 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NCR Voyix

A number of hedge funds have recently made changes to their positions in VYX. Federated Hermes Inc. bought a new stake in NCR Voyix during the third quarter worth about $28,000. Parkside Financial Bank & Trust grew its stake in shares of NCR Voyix by 2,835.0% during the second quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock valued at $41,000 after purchasing an additional 3,402 shares during the last quarter. Aster Capital Management DIFC Ltd bought a new position in NCR Voyix in the 3rd quarter valued at $56,000. Blue Trust Inc. increased its position in NCR Voyix by 33.5% in the third quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock worth $60,000 after purchasing an additional 1,193 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of NCR Voyix by 299.9% during the second quarter. GAMMA Investing LLC now owns 5,774 shares of the company’s stock worth $68,000 after buying an additional 4,330 shares during the last quarter. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.

Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.