NCR Voyix’s (VYX) Hold (C-) Rating Reaffirmed at Weiss Ratings

Weiss Ratings reaffirmed their hold (c-) rating on shares of NCR Voyix (NYSE:VYX) in a research report sent to investors on Thursday morning,Weiss Ratings reports.

Other research analysts also recently issued research reports about the stock. Stifel Nicolaus lifted their target price on shares of NCR Voyix from $13.00 to $15.00 and gave the stock a “buy” rating in a report on Friday, August 8th. Zacks Research upgraded shares of NCR Voyix from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 7th. Oppenheimer boosted their price objective on shares of NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a report on Monday, September 29th. Needham & Company LLC restated a “buy” rating and set a $15.00 price objective on shares of NCR Voyix in a report on Monday, September 29th. Finally, UBS Group set a $18.00 price objective on shares of NCR Voyix in a report on Monday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $15.57.

NCR Voyix Stock Performance

Shares of VYX opened at $11.44 on Thursday. The company has a market capitalization of $1.58 billion, a PE ratio of 1.60 and a beta of 1.71. NCR Voyix has a one year low of $7.55 and a one year high of $15.34. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.16 and a quick ratio of 0.96. The company’s fifty day moving average price is $12.48 and its 200 day moving average price is $11.87.

NCR Voyix (NYSE:VYX) last announced its earnings results on Wednesday, April 13th. The company reported $0.59 EPS for the quarter. The firm had revenue of $1.63 billion for the quarter. NCR Voyix had a net margin of 38.86% and a negative return on equity of 2.84%. As a group, analysts expect that NCR Voyix will post -0.86 earnings per share for the current year.

Hedge Funds Weigh In On NCR Voyix

Large investors have recently modified their holdings of the stock. Parkside Financial Bank & Trust boosted its stake in NCR Voyix by 2,835.0% in the second quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock valued at $41,000 after acquiring an additional 3,402 shares during the last quarter. Blue Trust Inc. boosted its stake in NCR Voyix by 33.5% in the third quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock valued at $60,000 after acquiring an additional 1,193 shares during the last quarter. Caitong International Asset Management Co. Ltd boosted its stake in NCR Voyix by 375.7% in the first quarter. Caitong International Asset Management Co. Ltd now owns 6,650 shares of the company’s stock valued at $65,000 after acquiring an additional 5,252 shares during the last quarter. GAMMA Investing LLC boosted its stake in NCR Voyix by 299.9% in the second quarter. GAMMA Investing LLC now owns 5,774 shares of the company’s stock valued at $68,000 after acquiring an additional 4,330 shares during the last quarter. Finally, Nisa Investment Advisors LLC boosted its stake in NCR Voyix by 225.1% in the second quarter. Nisa Investment Advisors LLC now owns 7,159 shares of the company’s stock valued at $84,000 after acquiring an additional 4,957 shares during the last quarter. 97.00% of the stock is currently owned by institutional investors and hedge funds.

About NCR Voyix

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.