NCR Corporation (NYSE:NCR) will post its quarterly earnings results after the market closes on Thursday, July 20th. Analysts expect NCR Corporation to post earnings of $0.76 per share for the quarter. NCR Corporation has set its Q2 guidance at $0.72-0.77 EPS and its FY17 guidance at $3.32-3.42 EPS.
NCR Corporation (NYSE:NCR) last issued its quarterly earnings data on Thursday, April 20th. The information technology services provider reported $0.56 EPS for the quarter, topping analysts’ consensus estimates of $0.46 by $0.10. NCR Corporation had a net margin of 4.49% and a return on equity of 88.93%. The firm had revenue of $1.48 billion for the quarter, compared to analyst estimates of $1.46 billion. During the same quarter in the prior year, the firm earned $0.38 EPS. The company’s revenue was up 2.4% on a year-over-year basis. On average, analysts expect NCR Corporation to post $3.37 EPS for the current fiscal year and $3.65 EPS for the next fiscal year.
Shares of NCR Corporation (NYSE:NCR) opened at 41.27 on Tuesday. The firm’s 50-day moving average is $40.08 and its 200-day moving average is $42.84. The company has a market cap of $5.01 billion, a price-to-earnings ratio of 28.88 and a beta of 1.90. NCR Corporation has a one year low of $26.21 and a one year high of $49.90.
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In other news, EVP J. Robert Ciminera sold 3,086 shares of the business’s stock in a transaction dated Tuesday, May 2nd. The stock was sold at an average price of $42.48, for a total transaction of $131,093.28. Following the sale, the executive vice president now directly owns 9,888 shares in the company, valued at $420,042.24. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 1.00% of the company’s stock.
Several research analysts have commented on the company. Royal Bank Of Canada reissued a “buy” rating on shares of NCR Corporation in a research note on Sunday. Benchmark Co. assumed coverage on NCR Corporation in a research note on Thursday, April 13th. They set a “buy” rating and a $55.00 target price for the company. Zacks Investment Research downgraded NCR Corporation from a “buy” rating to a “hold” rating in a research note on Monday, June 5th. Finally, TheStreet downgraded NCR Corporation from a “b” rating to a “c+” rating in a research note on Thursday, April 20th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and a consensus target price of $46.29.
About NCR Corporation
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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