NCR Voyix Corporation (NYSE:VYX – Get Free Report) shares were down 7.3% during trading on Tuesday . The company traded as low as $8.51 and last traded at $8.4750. 874,157 shares changed hands during trading, a decline of 62% from the average session volume of 2,281,862 shares. The stock had previously closed at $9.14.
Wall Street Analysts Forecast Growth
Several research firms have commented on VYX. Royal Bank Of Canada upped their price target on shares of NCR Voyix from $10.00 to $13.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. The Goldman Sachs Group boosted their price target on shares of NCR Voyix from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Weiss Ratings raised NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday. Finally, Needham & Company LLC raised their price target on shares of NCR Voyix from $12.00 to $14.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Four investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $14.00.
Read Our Latest Research Report on VYX
NCR Voyix Price Performance
NCR Voyix (NYSE:VYX – Get Free Report) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.02. The company had revenue of $523.00 million during the quarter, compared to analyst estimates of $515.95 million. NCR Voyix had a return on equity of 11.23% and a net margin of 2.53%.The firm’s revenue for the quarter was down 21.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.19 earnings per share. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, equities research analysts forecast that NCR Voyix Corporation will post 0.68 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NCR Voyix
A number of institutional investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in NCR Voyix in the 4th quarter valued at about $28,000. Kestra Advisory Services LLC purchased a new stake in NCR Voyix during the 4th quarter worth about $29,000. Parkside Financial Bank & Trust lifted its stake in NCR Voyix by 34.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 4,743 shares of the company’s stock worth $48,000 after purchasing an additional 1,221 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in NCR Voyix during the second quarter worth approximately $52,000. Finally, AXQ Capital LP acquired a new stake in NCR Voyix during the second quarter worth approximately $83,000. 97.00% of the stock is owned by institutional investors and hedge funds.
About NCR Voyix
NCR Voyix is a technology company formed through the spin-off of NCR Corporation’s financial and digital commerce business. The company designs, manufactures and supports self-service solutions for banking and retail environments, with core offerings that include ATMs, kiosks, point-of-sale terminals and payment software. By blending hardware, cloud-based applications and managed services, NCR Voyix aims to help financial institutions and merchants modernize customer experiences and streamline transaction processing.
Building on more than a century of heritage under the NCR name, NCR Voyix leverages decades of engineering expertise and innovation in transaction automation.
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