NCR Voyix (NYSE:VYX) Stock Price Up 8.1% – Here’s What Happened

NCR Voyix Corporation (NYSE:VYX)’s share price traded up 8.1% on Monday. The stock traded as high as $9.09 and last traded at $9.1650. Approximately 210,552 shares traded hands during trading, a decline of 91% from the average daily volume of 2,400,869 shares. The stock had previously closed at $8.48.

Analyst Ratings Changes

A number of research firms recently commented on VYX. Weiss Ratings raised NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Friday, September 4th. Royal Bank Of Canada increased their price target on NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Needham & Company LLC reaffirmed a “buy” rating and issued a $14.00 price objective on shares of NCR Voyix in a research report on Tuesday, September 29th. Finally, The Goldman Sachs Group dropped their target price on NCR Voyix from $9.75 to $8.00 and set a “neutral” rating for the company in a research note on Tuesday, October 13th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, NCR Voyix currently has an average rating of “Moderate Buy” and an average target price of $12.20.

NCR Voyix Stock Performance

The stock’s fifty day simple moving average is $7.75 and its two-hundred day simple moving average is $7.85. The company has a market cap of $1.26 billion, a price-to-earnings ratio of 22.74 and a beta of 1.40. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.07.

NCR Voyix (NYSE:VYX) last released its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 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 the consensus estimate of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%. The business’s revenue for the quarter was down 21.5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities research analysts anticipate that NCR Voyix Corporation will post 0.68 EPS for the current year.

Hedge Funds Weigh In On NCR Voyix

A number of large investors have recently modified their holdings of the company. BlackRock Inc. purchased 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 first quarter. Dimensional Fund Advisors LP now owns 6,269,979 shares of the company’s stock valued at $39,689,000 after buying an additional 1,334,716 shares during the period. Private Management Group Inc. lifted its position in NCR Voyix by 14.3% during the second 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 in the last quarter. Masters Capital Management LLC lifted its position in NCR Voyix by 16.7% during the first quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company’s stock valued at $22,155,000 after buying an additional 500,000 shares in the last quarter. Finally, Wellington Management Group LLP grew its stake in NCR Voyix by 72.2% during the second quarter. Wellington Management Group LLP now owns 3,301,936 shares of the company’s stock worth $26,977,000 after buying an additional 1,384,935 shares during the period. 97.00% of the stock is currently owned by hedge funds and other institutional investors.

NCR Voyix Company Profile

NCR Voyix Corporation (NYSE: VYX) is a global technology company that provides software, hardware and services for businesses in the retail, restaurant and financial services industries. Its solutions are designed to help companies manage transactions, customer engagement, payments, inventory and other commerce-related operations across physical and digital channels.

The company’s offerings include point-of-sale systems, self-checkout technology, payment solutions, order and fulfillment tools, loyalty programs, digital commerce platforms and related hardware and support services.