NCR Voyix (NYSE:VYX) Stock Price Target Cut by The Goldman Sachs Group

NCR Voyix (NYSE:VYX – Get Free Report) had its target price dropped by investment analysts at The Goldman Sachs Group from $9.75 to $8.00 in a report released on Tuesday, MarketBeat reports. The brokerage currently has a “neutral” rating on the stock. The Goldman Sachs Group’s price objective would suggest a potential upside of 16.70% from the stock’s current price.

A number of other brokerages have also issued reports on VYX. Weiss Ratings upgraded shares of NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, September 4th. Needham & Company LLC reaffirmed a “buy” rating and issued a $14.00 target price on shares of NCR Voyix in a research note on Tuesday, September 29th. Finally, Royal Bank Of Canada lifted their target price on shares of NCR Voyix from $10.00 to $13.00 and gave the stock 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 issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, NCR Voyix has an average rating of “Moderate Buy” and an average price target of $12.20.

Get Our Latest Analysis on VYX

NCR Voyix Trading Down 4.8%

Shares of VYX stock opened at $6.86 on Tuesday. The firm has a 50-day moving average price of $7.76 and a 200 day moving average price of $7.50. NCR Voyix has a twelve month low of $6.02 and a twelve month high of $12.06. The company has a market capitalization of $946.47 million, a price-to-earnings ratio of 17.14 and a beta of 1.42. 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 – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.02. The company had revenue of $523.00 million for the quarter, compared to analyst estimates of $515.95 million. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The firm’s quarterly revenue was down 21.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Research analysts forecast that NCR Voyix will post 0.68 earnings per share for the current fiscal year.

Institutional Investors Weigh In On NCR Voyix

Several hedge funds have recently modified their holdings of the stock. Integrated Wealth Concepts LLC acquired a new position in shares of NCR Voyix in the 2nd quarter valued at $30,000. IFP Advisors Inc grew its stake in shares of NCR Voyix by 60,644.4% during the 2nd quarter. IFP Advisors Inc now owns 5,467 shares of the company’s stock valued at $45,000 after buying an additional 5,458 shares during the period. Arizona State Retirement System grew its stake in shares of NCR Voyix by 6.0% during the 2nd quarter. Arizona State Retirement System now owns 38,357 shares of the company’s stock valued at $313,000 after buying an additional 2,174 shares during the period. Corient Private Wealth LP purchased a new stake in shares of NCR Voyix during the 2nd quarter valued at $208,000. Finally, HighTower Advisors LLC acquired a new stake in shares of NCR Voyix during the 2nd quarter worth $86,000. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for NCR Voyix (NYSE:VYX)

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