NCR Voyix (NYSE:VYX) Shares Down 9.3% After Analyst Downgrade

NCR Voyix Corporation (NYSE:VYX) shares were down 9.3% on Thursday after Needham & Company LLC lowered their price target on the stock from $15.00 to $12.00. Needham & Company LLC currently has a buy rating on the stock. NCR Voyix traded as low as $8.18 and last traded at $8.2450. Approximately 2,191,930 shares changed hands during mid-day trading, an increase of 21% from the average daily volume of 1,816,435 shares. The stock had previously closed at $9.09.

VYX has been the subject of several other research reports. The Goldman Sachs Group cut their price objective on NCR Voyix from $13.00 to $11.50 and set a “neutral” rating on the stock in a research report on Tuesday, January 13th. Zacks Research cut shares of NCR Voyix from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of NCR Voyix in a research note on Monday, December 29th. Five analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, NCR Voyix currently has an average rating of “Moderate Buy” and a consensus price target of $15.21.

Institutional Investors Weigh In On NCR Voyix

Hedge funds and other institutional investors have recently bought and sold shares of the company. Federated Hermes Inc. purchased a new stake in shares of NCR Voyix during the 3rd quarter valued at $28,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of NCR Voyix in the fourth quarter worth $28,000. Kestra Advisory Services LLC acquired a new stake in shares of NCR Voyix during the fourth quarter worth $29,000. Parkside Financial Bank & Trust grew its holdings 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 buying an additional 3,402 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd purchased a new stake in shares of NCR Voyix during the third quarter valued at $56,000. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Price Performance

The stock has a 50 day moving average of $10.09 and a 200-day moving average of $11.14. The company has a debt-to-equity ratio of 1.30, a quick ratio of 0.94 and a current ratio of 1.13. The company has a market cap of $1.14 billion, a PE ratio of -18.72 and a beta of 1.45.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.29 by $0.02. NCR Voyix had a positive return on equity of 5.08% and a negative net margin of 2.15%.The business had revenue of $720.00 million for the quarter, compared to analyst estimates of $690.52 million. During the same period in the prior year, the company earned $0.22 earnings per share. The company’s revenue was up 5.6% on a year-over-year basis. NCR Voyix has set its FY 2026 guidance at 0.930-0.960 EPS. Equities analysts predict that NCR Voyix Corporation will post -0.86 earnings per share for the current year.

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.