NCR Voyix (NYSE:VYX) Shares Down 6.6% – Here’s What Happened

NCR Voyix Corporation (NYSE:VYX)’s share price traded down 6.6% during mid-day trading on Wednesday . The stock traded as low as $8.02 and last traded at $7.9560. 389,795 shares traded hands during mid-day trading, a decline of 83% from the average session volume of 2,305,681 shares. The stock had previously closed at $8.52.

Analysts Set New Price Targets

Several brokerages recently commented on VYX. The Goldman Sachs Group lifted their price target on shares of NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Monday, May 11th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a report on Wednesday, June 24th. Five research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $13.71.

NCR Voyix Stock Performance

The firm’s 50-day moving average is $7.33 and its 200 day moving average is $8.16. The stock has a market cap of $1.09 billion, a PE ratio of 20.72 and a beta of 1.39. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.91 and a current ratio of 1.06.

NCR Voyix (NYSE:VYX) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.08 by $0.02. The company had revenue of $606.00 million for the quarter, compared to the consensus estimate of $579.57 million. NCR Voyix had a net margin of 2.20% and a return on equity of 11.38%. NCR Voyix’s revenue for the quarter was down 1.8% on a year-over-year basis. During the same period last year, the firm posted $0.09 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, research analysts anticipate that NCR Voyix Corporation will post 0.67 EPS for the current year.

Hedge Funds Weigh In On NCR Voyix

Institutional investors have recently added to or reduced their stakes in the stock. Contrarian Capital Management L.L.C. lifted its position in NCR Voyix by 2.1% during the 3rd quarter. Contrarian Capital Management L.L.C. now owns 48,000 shares of the company’s stock worth $602,000 after acquiring an additional 1,000 shares during the period. Parkside Financial Bank & Trust raised its stake in shares of NCR Voyix by 34.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock worth $48,000 after purchasing an additional 1,221 shares during the last quarter. Optimize Financial Inc raised its stake in shares of NCR Voyix by 1.5% during the fourth quarter. Optimize Financial Inc now owns 105,516 shares of the company’s stock worth $1,076,000 after purchasing an additional 1,516 shares during the last quarter. Swiss National Bank lifted its holdings in shares of NCR Voyix by 0.6% during the third quarter. Swiss National Bank now owns 253,659 shares of the company’s stock worth $3,183,000 after purchasing an additional 1,600 shares during the period. Finally, PNC Financial Services Group Inc. lifted its holdings in shares of NCR Voyix by 15.7% during the fourth quarter. PNC Financial Services Group Inc. now owns 14,883 shares of the company’s stock worth $152,000 after purchasing an additional 2,017 shares during the period. Institutional investors and hedge funds own 97.00% of the company’s stock.

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.