NCR Voyix (NYSE:VYX) Stock Jumps 9.2% – Here’s What Happened

NCR Voyix Corporation (NYSE:VYX)’s stock price shot up 9.2% during mid-day trading on Thursday. The company traded as high as $7.51 and last traded at $7.5150. 1,718,954 shares were traded during trading, a decline of 28% from the average daily volume of 2,402,717 shares. The stock had previously closed at $6.88.

Analysts Set New Price Targets

Several equities analysts have commented on VYX shares. Weiss Ratings raised shares of NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 4th. The Goldman Sachs Group decreased their target price on NCR Voyix from $9.75 to $8.00 and set a “neutral” rating on the stock in a research report on Tuesday. Needham & Company LLC reissued a “buy” rating and issued a $14.00 target price on shares of NCR Voyix in a report on Tuesday, September 29th. Finally, Royal Bank Of Canada increased their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $12.20.

NCR Voyix Stock Up 10.0%

The company has a current ratio of 1.07, a quick ratio of 0.95 and a debt-to-equity ratio of 1.19. The stock has a market cap of $1.04 billion, a price-to-earnings ratio of 18.88 and a beta of 1.42. The stock’s 50-day moving average price is $7.76 and its 200-day moving average price is $7.50.

NCR Voyix (NYSE:VYX) last announced its earnings results on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of $0.15 by $0.02. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%. The company had revenue of $523.00 million for the quarter, compared to analyst estimates of $515.95 million. During the same quarter in the prior year, the company earned $0.19 EPS. The firm’s revenue for the quarter was down 21.5% compared to the same quarter last year. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. On average, sell-side analysts expect that NCR Voyix Corporation will post 0.68 earnings per share for the current year.

Institutional Investors Weigh In On NCR Voyix

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. BlackRock Inc. purchased a new stake in NCR Voyix during the 2nd quarter valued at $184,310,000. Dimensional Fund Advisors LP raised its holdings in shares of NCR Voyix by 27.0% during the first quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company’s stock valued at $39,689,000 after acquiring an additional 1,334,716 shares in the last quarter. Private Management Group Inc. increased its position in NCR Voyix by 14.3% during the 2nd quarter. Private Management Group Inc. now owns 4,329,342 shares of the company’s stock valued at $35,371,000 after purchasing an additional 541,625 shares during the period. Masters Capital Management LLC boosted its stake in shares of NCR Voyix by 16.7% during the 1st quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company’s stock valued at $22,155,000 after purchasing an additional 500,000 shares in the last quarter. Finally, Wellington Management Group LLP lifted its holdings in NCR Voyix by 72.2% in the second quarter. Wellington Management Group LLP now owns 3,301,936 shares of the company’s stock worth $26,977,000 after buying an additional 1,384,935 shares during the period. 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 software and services for retailers and restaurants. Its platform is designed to help businesses manage customer interactions, sales, payments, operations and digital commerce across physical and online channels.

The company’s offerings include point-of-sale systems, self-checkout technology, digital ordering and delivery solutions, payment acceptance, loyalty programs, inventory and workforce management, back-office software, and related implementation and support services.