NCR Voyix Corporation (NYSE:VYX – Get Free Report) was down 7.3% on Tuesday . The stock traded as low as $8.51 and last traded at $8.4750. Approximately 874,157 shares traded hands during mid-day trading, a decline of 62% from the average session volume of 2,281,862 shares. The stock had previously closed at $9.14.
Wall Street Analysts Forecast Growth
VYX has been the topic of a number of research reports. Needham & Company LLC boosted their price objective on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Weiss Ratings upgraded shares of NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 4th. Finally, Royal Bank Of Canada boosted 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. Four research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.
Get Our Latest Analysis on VYX
NCR Voyix Stock Performance
NCR Voyix (NYSE:VYX – Get Free Report) last posted its 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 analysts’ expectations 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 period in the prior year, the business earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Analysts predict that NCR Voyix Corporation will post 0.68 EPS for the current year.
Institutional Investors Weigh In On NCR Voyix
A number of institutional investors and hedge funds have recently modified their holdings of the company. BlackRock Inc. acquired a new stake in shares of NCR Voyix during the 2nd quarter worth about $184,310,000. Dimensional Fund Advisors LP raised its holdings in NCR Voyix by 27.0% in the 1st 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 during the period. Boston Partners raised its holdings in NCR Voyix by 16.0% in the 3rd quarter. Boston Partners now owns 5,796,446 shares of the company’s stock valued at $72,650,000 after acquiring an additional 799,058 shares during the period. State Street Corp lifted its position in NCR Voyix by 0.8% during the fourth quarter. State Street Corp now owns 5,730,485 shares of the company’s stock worth $58,451,000 after acquiring an additional 45,452 shares during the last quarter. Finally, Private Management Group Inc. boosted its holdings in shares of NCR Voyix by 14.3% during the second quarter. Private Management Group Inc. now owns 4,329,342 shares of the company’s stock worth $35,371,000 after acquiring an additional 541,625 shares during the period. 97.00% of the stock is owned by institutional investors.
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.
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