Brokerages expect NCR Co. (NYSE:NCR) to post $1.47 billion in sales for the current quarter, according to Zacks. Three analysts have provided estimates for NCR’s earnings, with estimates ranging from $1.45 billion to $1.48 billion. NCR reported sales of $1.48 billion in the same quarter last year, which indicates a negative year over year growth rate of 0.7%. The business is expected to announce its next quarterly earnings results on Thursday, April 19th.
According to Zacks, analysts expect that NCR will report full year sales of $1.47 billion for the current financial year, with estimates ranging from $6.59 billion to $6.73 billion. For the next financial year, analysts anticipate that the business will report sales of $6.82 billion per share, with estimates ranging from $6.65 billion to $7.00 billion. Zacks Investment Research’s sales calculations are an average based on a survey of research firms that cover NCR.
NCR (NYSE:NCR) last posted its quarterly earnings results on Thursday, February 8th. The information technology services provider reported $0.92 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.87 by $0.05. NCR had a return on equity of 80.11% and a net margin of 3.56%. The firm had revenue of $1.78 billion during the quarter, compared to analysts’ expectations of $1.75 billion. During the same quarter in the previous year, the business earned $1.07 earnings per share. The company’s revenue was down 1.1% on a year-over-year basis.
In related news, EVP J. Robert Ciminera sold 1,937 shares of NCR stock in a transaction on Tuesday, January 23rd. The stock was sold at an average price of $37.36, for a total value of $72,366.32. Following the completion of the sale, the executive vice president now owns 6,802 shares of the company’s stock, valued at $254,122.72. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.
Institutional investors and hedge funds have recently modified their holdings of the stock. Fuller & Thaler Asset Management Inc. grew its holdings in shares of NCR by 392.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 6,400 shares of the information technology services provider’s stock worth $218,000 after acquiring an additional 5,100 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its holdings in NCR by 43.1% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,567 shares of the information technology services provider’s stock valued at $223,000 after purchasing an additional 1,979 shares during the period. Oakbrook Investments LLC bought a new stake in NCR during the fourth quarter valued at about $226,000. Financial Counselors Inc. grew its holdings in NCR by 34.5% during the fourth quarter. Financial Counselors Inc. now owns 7,475 shares of the information technology services provider’s stock valued at $254,000 after purchasing an additional 1,918 shares during the period. Finally, Ramsey Quantitative Systems bought a new stake in NCR during the fourth quarter valued at about $257,000. 90.94% of the stock is owned by institutional investors.
NCR (NCR) traded down $0.03 during mid-day trading on Monday, hitting $32.97. The stock had a trading volume of 1,014,937 shares, compared to its average volume of 1,378,191. NCR has a 52-week low of $29.20 and a 52-week high of $49.78. The company has a quick ratio of 1.09, a current ratio of 1.50 and a debt-to-equity ratio of 4.07. The stock has a market capitalization of $4,020.00, a PE ratio of 18.32, a P/E/G ratio of 2.48 and a beta of 1.83.
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NCR Company Profile
NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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