NCR Voyix (NYSE:VYX) Stock Rating Reaffirmed as Buy by Needham & Company LLC

NCR Voyix (NYSE:VYX)‘s stock had its “buy” rating restated by analysts at Needham & Company LLC in a research report issued to clients and investors on Tuesday, Benzinga reports. They currently have a $14.00 price objective on the stock. Needham & Company LLC’s target price points to a potential upside of 105.19% from the stock’s previous close.

A number of other analysts also recently issued reports on the stock. Royal Bank Of Canada lifted their price target on shares of NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Weiss Ratings raised shares of NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 4th. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, NCR Voyix currently has an average rating of “Moderate Buy” and a consensus target price of $12.40.

NCR Voyix Trading Down 3.5%

Shares of NYSE:VYX opened at $6.82 on Tuesday. NCR Voyix has a 12-month low of $6.02 and a 12-month high of $13.02. The company has a market cap of $942.05 million, a PE ratio of 17.06 and a beta of 1.40. The stock has a 50 day moving average of $8.10 and a 200 day moving average of $7.48. The company has a current ratio of 1.07, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. The business had revenue of $523.00 million during the quarter, compared to analyst estimates of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.NCR Voyix’s revenue for the quarter was down 21.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, equities research analysts expect that NCR Voyix will post 0.68 EPS for the current year.

Institutional Investors Weigh In On NCR Voyix

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Arizona State Retirement System increased its holdings in NCR Voyix by 6.0% in the 2nd quarter. Arizona State Retirement System now owns 38,357 shares of the company’s stock valued at $313,000 after purchasing an additional 2,174 shares during the last quarter. Hsbc Holdings PLC lifted its stake in NCR Voyix by 15.7% during the second quarter. Hsbc Holdings PLC now owns 19,485 shares of the company’s stock worth $159,000 after purchasing an additional 2,638 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in shares of NCR Voyix during the second quarter worth $30,000. IFP Advisors Inc boosted its position in shares of NCR Voyix by 60,644.4% during the second quarter. IFP Advisors Inc now owns 5,467 shares of the company’s stock worth $45,000 after buying an additional 5,458 shares during the period. Finally, BTG Pactual Asset Management US LLC grew its stake in shares of NCR Voyix by 29.3% in the second quarter. BTG Pactual Asset Management US LLC now owns 27,878 shares of the company’s stock valued at $228,000 after buying an additional 6,318 shares in the last quarter. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix Corporation (NYSE: VYX) is a global technology company that provides digital commerce solutions to retailers, restaurants and financial institutions. Its software and services are designed to help businesses manage customer transactions, payments, operations and engagement across physical and digital channels.

The company’s offerings include point-of-sale systems, self-checkout technology, payment processing, digital ordering, loyalty programs, inventory and workforce management tools, restaurant technology, and back-office solutions.