NCR Voyix (NYSE:VYX) Price Target Raised to $14.00

NCR Voyix (NYSE:VYX) had its price objective upped by Needham & Company LLC from $12.00 to $14.00 in a report issued on Thursday morning, MarketBeat.com reports. They currently have a buy rating on the stock.

Several other analysts have also recently issued reports on VYX. The Goldman Sachs Group increased their target price on NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Monday, May 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of NCR Voyix in a report on Wednesday, June 24th. Four investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $14.00.

NCR Voyix Price Performance

NYSE VYX opened at $8.24 on Thursday. The company has a 50-day moving average price of $7.90 and a 200-day moving average price of $7.81. NCR Voyix has a 52 week low of $6.02 and a 52 week high of $13.81. The company has a quick ratio of 0.91, a current ratio of 1.07 and a debt-to-equity ratio of 1.19. The firm has a market capitalization of $1.14 billion, a P/E ratio of 20.61 and a beta of 1.39.

NCR Voyix (NYSE:VYX) last announced its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The company had revenue of $523.00 million during 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% compared to the same quarter last year. During the same period in the previous year, the business posted $0.19 earnings per share. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities research analysts anticipate that NCR Voyix will post 0.67 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd bought a new stake in shares of NCR Voyix in the 4th quarter worth about $28,000. Kestra Advisory Services LLC purchased a new position in NCR Voyix in the 4th quarter worth about $29,000. Parkside Financial Bank & Trust lifted its holdings in NCR Voyix by 34.7% during the 4th quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock valued at $48,000 after buying an additional 1,221 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in NCR Voyix by 615.6% during the 4th quarter. Hantz Financial Services Inc. now owns 8,716 shares of the company’s stock worth $89,000 after purchasing an additional 7,498 shares during the period. Finally, Graham Capital Management L.P. purchased a new position in NCR Voyix during the 4th quarter worth $128,000. Institutional investors 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.