NCR Voyix Co. (NYSE:VYX) Given Consensus Rating of “Moderate Buy” by Analysts

NCR Voyix Co. (NYSE:VYX) has been given an average recommendation of “Moderate Buy” by the six research firms that are presently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $15.67.

A number of equities analysts recently commented on the company. Royal Bank of Canada reiterated an “outperform” rating and issued a $17.00 price target on shares of NCR Voyix in a research note on Tuesday, March 25th. Needham & Company LLC reduced their price objective on NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Friday, February 28th.

NCR Voyix Stock Down 4.3 %

VYX stock opened at $10.01 on Tuesday. NCR Voyix has a twelve month low of $9.53 and a twelve month high of $15.34. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. The company has a market capitalization of $1.39 billion, a P/E ratio of 2.32 and a beta of 1.56. The firm has a 50 day simple moving average of $11.46 and a 200-day simple moving average of $12.95.

Institutional Trading of NCR Voyix

Large investors have recently modified their holdings of the company. Truvestments Capital LLC acquired a new stake in shares of NCR Voyix in the third quarter valued at approximately $25,000. Smartleaf Asset Management LLC increased its position in NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock valued at $31,000 after acquiring an additional 1,423 shares during the period. KBC Group NV raised its stake in NCR Voyix by 55.1% during the 4th quarter. KBC Group NV now owns 7,148 shares of the company’s stock valued at $99,000 after acquiring an additional 2,540 shares in the last quarter. Xponance Inc. acquired a new position in NCR Voyix during the 4th quarter worth $146,000. Finally, Cibc World Markets Corp bought a new position in shares of NCR Voyix in the fourth quarter worth $188,000. Institutional investors and hedge funds own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.