NCR Voyix (NYSE:VYX) Stock Rating Reaffirmed as “Buy” by Needham & Company LLC

NCR Voyix (NYSE:VYX)‘s stock had its “buy” rating reissued by analysts at Needham & Company LLC in a report issued on Tuesday, Benzinga reports. They currently have a $14.00 price target on the stock. Needham & Company LLC’s price target points to a potential upside of 105.19% from the company’s current price.

A number of other research analysts also recently issued reports on the stock. 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. Royal Bank Of Canada boosted their target price on shares of NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a research report on Thursday, August 6th. Three investment 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, the stock presently has an average rating of “Moderate Buy” and an average price target of $12.40.

NCR Voyix Stock Down 3.5%

NCR Voyix stock opened at $6.82 on Tuesday. The company has a quick ratio of 0.95, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. NCR Voyix has a 12-month low of $6.02 and a 12-month high of $13.02. The firm’s fifty day moving average is $8.10 and its 200 day moving average is $7.48. The company has a market capitalization of $942.05 million, a PE ratio of 17.06 and a beta of 1.40.

NCR Voyix (NYSE:VYX) 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. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The company had revenue of $523.00 million for the quarter, compared to the consensus estimate of $515.95 million. During the same quarter in the previous year, the company earned $0.19 EPS. NCR Voyix’s quarterly revenue 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. As a group, sell-side analysts predict that NCR Voyix will post 0.68 EPS for the current fiscal year.

Hedge Funds Weigh In On NCR Voyix

Several institutional investors have recently added to or reduced their stakes in the stock. Integrated Wealth Concepts LLC purchased a new stake in NCR Voyix during the second quarter valued at about $30,000. IFP Advisors Inc lifted its holdings in shares of NCR Voyix by 60,644.4% in the second quarter. IFP Advisors Inc now owns 5,467 shares of the company’s stock worth $45,000 after buying an additional 5,458 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of NCR Voyix by 6.0% in the second quarter. Arizona State Retirement System now owns 38,357 shares of the company’s stock worth $313,000 after buying an additional 2,174 shares in the last quarter. Corient Private Wealth LP purchased a new stake in shares of NCR Voyix in the second quarter worth about $208,000. Finally, HighTower Advisors LLC purchased a new stake in shares of NCR Voyix in the second quarter worth about $86,000. 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 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.