NCR Voyix (NYSE:VYX) Earns Buy Rating from Needham & Company LLC

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

Other analysts also recently issued reports about the company. Weiss Ratings raised NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 4th. Royal Bank Of Canada lifted their target price on shares of NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $12.40.

NCR Voyix Stock Down 3.5%

VYX stock opened at $6.82 on Tuesday. The company’s 50 day moving average price is $8.10 and its 200 day moving average price is $7.48. 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 has a fifty-two week low of $6.02 and a fifty-two week high of $13.02. The firm has a market capitalization of $942.05 million, a price-to-earnings ratio of 17.06 and a beta of 1.40.

NCR Voyix (NYSE:VYX) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.17 EPS for the quarter, topping the consensus estimate of $0.15 by $0.02. The company had revenue of $523.00 million during the quarter, compared to analysts’ expectations of $515.95 million. NCR Voyix had a net margin of 2.53% and a return on equity of 11.23%. The firm’s revenue was down 21.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. On average, equities research analysts anticipate that NCR Voyix will post 0.68 EPS for the current fiscal year.

Institutional Trading of NCR Voyix

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. BlackRock Inc. acquired a new position in NCR Voyix in the second quarter valued at $184,310,000. Masters Capital Management LLC lifted its stake in shares of NCR Voyix by 16.7% in the 1st quarter. Masters Capital Management LLC now owns 3,500,000 shares of the company’s stock valued at $22,155,000 after purchasing an additional 500,000 shares in the last quarter. Bank of America Corp DE purchased a new position in NCR Voyix in the second quarter valued at approximately $8,510,000. First Trust Advisors LP acquired a new stake in shares of NCR Voyix in the first quarter worth $925,000. Finally, Susquehanna Fundamental Investments LLC purchased a new stake in NCR Voyix during the 2nd quarter worth $3,763,000. Hedge funds and other 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.