NCR Voyix (NYSE:VYX) Trading Down 7.6% – Here’s What Happened

NCR Voyix Corporation (NYSE:VYX) shares were down 7.6% during mid-day trading on Tuesday . The company traded as low as $7.65 and last traded at $7.6350. 1,343,180 shares were traded during mid-day trading, a decline of 42% from the average session volume of 2,299,917 shares. The stock had previously closed at $8.26.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on the stock. Royal Bank Of Canada upped their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a report on Thursday, August 6th. Weiss Ratings raised NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Friday, September 4th. Finally, Needham & Company LLC increased their target price on NCR Voyix from $12.00 to $14.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Four research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $14.00.

NCR Voyix Stock Down 2.0%

The firm has a market capitalization of $961.66 million, a price-to-earnings ratio of 17.54 and a beta of 1.40. The business has a 50 day moving average of $8.27 and a 200 day moving average of $7.51. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.07 and a quick ratio of 0.95.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.02. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The firm had revenue of $523.00 million during the quarter, compared to analysts’ expectations of $515.95 million. During the same quarter last year, the company earned $0.19 earnings per share. The company’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, equities analysts anticipate that NCR Voyix Corporation will post 0.68 EPS for the current year.

Institutional Trading of NCR Voyix

Several hedge funds have recently added to or reduced their stakes in VYX. BlackRock Inc. acquired a new position in NCR Voyix in the 2nd quarter worth $184,310,000. Dimensional Fund Advisors LP grew 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 worth $39,689,000 after buying an additional 1,334,716 shares in the last quarter. Private Management Group Inc. raised its position in NCR Voyix by 14.3% in the 2nd quarter. Private Management Group Inc. now owns 4,329,342 shares of the company’s stock valued at $35,371,000 after buying an additional 541,625 shares during the last quarter. Clearline Capital LP lifted its stake in NCR Voyix by 0.8% in the 4th quarter. Clearline Capital LP now owns 2,790,148 shares of the company’s stock valued at $28,460,000 after acquiring an additional 23,040 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in NCR Voyix by 72.2% during the 2nd quarter. Wellington Management Group LLP now owns 3,301,936 shares of the company’s stock worth $26,977,000 after acquiring an additional 1,384,935 shares during the last quarter. Institutional investors and hedge funds 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.