NCR Co. (NCR) Given Consensus Rating of “Hold” by Brokerages

Shares of NCR Co. (NYSE:NCR) have been given a consensus rating of “Hold” by the ten analysts that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and four have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $43.33.

NCR has been the subject of a number of recent research reports. DA Davidson initiated coverage on shares of NCR in a research note on Wednesday, February 7th. They set a “neutral” rating and a $39.00 price objective for the company. Zacks Investment Research upgraded shares of NCR from a “sell” rating to a “hold” rating in a research note on Wednesday, December 20th. Benchmark restated a “buy” rating and set a $44.00 price objective on shares of NCR in a research note on Wednesday, February 7th. ValuEngine downgraded shares of NCR from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Finally, Morgan Stanley reduced their price objective on shares of NCR from $41.00 to $40.00 and set an “equal weight” rating for the company in a research note on Friday, February 9th.

How to Become a New Pot Stock Millionaire

Shares of NCR stock traded down $0.58 during trading hours on Friday, reaching $30.71. 690,497 shares of the company’s stock were exchanged, compared to its average volume of 874,385. NCR has a fifty-two week low of $29.20 and a fifty-two week high of $45.23. The company has a debt-to-equity ratio of 4.07, a current ratio of 1.50 and a quick ratio of 1.09. The company has a market cap of $3,636.06, a price-to-earnings ratio of 9.60, a P/E/G ratio of 2.30 and a beta of 1.89.

NCR (NYSE:NCR) last posted its quarterly earnings data on Thursday, February 8th. The information technology services provider reported $0.92 EPS for the quarter, topping the Zacks’ consensus estimate of $0.87 by $0.05. NCR had a net margin of 3.56% and a return on equity of 80.11%. The company had revenue of $1.78 billion during the quarter, compared to the consensus estimate of $1.75 billion. During the same period in the prior year, the business posted $1.07 EPS. The company’s quarterly revenue was down 1.1% on a year-over-year basis. sell-side analysts expect that NCR will post 3.34 earnings per share for the current year.

In related news, EVP Paul Langenbahn sold 4,522 shares of the firm’s stock in a transaction dated Monday, March 5th. The shares were sold at an average price of $33.90, for a total value of $153,295.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP J. Robert Ciminera sold 1,937 shares of the firm’s stock in a transaction dated Tuesday, January 23rd. The shares were sold at an average price of $37.36, for a total transaction 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 disclosure for this sale can be found here. Company insiders own 1.00% of the company’s stock.

A number of large investors have recently modified their holdings of the stock. Xact Kapitalforvaltning AB acquired a new stake in NCR in the 4th quarter valued at about $401,000. J. Goldman & Co LP acquired a new stake in NCR in the 4th quarter valued at about $6,277,000. ICM Asset Management Inc. WA lifted its stake in NCR by 28.0% in the 4th quarter. ICM Asset Management Inc. WA now owns 100,444 shares of the information technology services provider’s stock valued at $3,414,000 after purchasing an additional 21,961 shares during the last quarter. Sterling Capital Management LLC lifted its stake in NCR by 36.1% in the 4th quarter. Sterling Capital Management LLC now owns 4,028,177 shares of the information technology services provider’s stock valued at $136,918,000 after purchasing an additional 1,068,564 shares during the last quarter. Finally, MetLife Investment Advisors LLC acquired a new stake in NCR in the 4th quarter valued at about $2,619,000. Institutional investors and hedge funds own 93.02% of the company’s stock.

COPYRIGHT VIOLATION WARNING: This article was published by Ticker Report and is the property of of Ticker Report. If you are accessing this article on another domain, it was stolen and republished in violation of U.S. and international trademark & copyright legislation. The correct version of this article can be accessed at https://www.tickerreport.com/banking-finance/3341796/ncr-co-ncr-given-consensus-rating-of-hold-by-brokerages.html.

NCR Company Profile

NCR Corporation provides omni-channel technology solutions that enable businesses connect, interact, and transact with their customers worldwide. The company's Software segment offers industry-based software platforms and applications and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention applications, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.

Analyst Recommendations for NCR (NYSE:NCR)

Receive News & Ratings for NCR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCR and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Opescoin Reaches 24-Hour Volume of $17.00
Opescoin Reaches 24-Hour Volume of $17.00
Brokerages Set $36.67 Price Target for Old Line Bancshares, Inc.
Brokerages Set $36.67 Price Target for Old Line Bancshares, Inc.
Comparing Jumei International  and Titan Machinery
Comparing Jumei International and Titan Machinery
Tezos   Hits 24 Hour Trading Volume of $775,031.00
Tezos Hits 24 Hour Trading Volume of $775,031.00
Renos  One Day Trading Volume Tops $3,382.00
Renos One Day Trading Volume Tops $3,382.00
Piper Jaffray Reiterates “Buy” Rating for Royal Dutch Shell
Piper Jaffray Reiterates “Buy” Rating for Royal Dutch Shell


© 2006-2018 Ticker Report. Google+.