Shares of NCR Voyix Corporation (NYSE:VYX – Get Free Report) fell 9% on Monday . The company traded as low as $7.75 and last traded at $7.5970. 615,116 shares were traded during trading, a decline of 72% from the average session volume of 2,184,018 shares. The stock had previously closed at $8.35.
Wall Street Analyst Weigh In
A number of brokerages have recently weighed in on VYX. Stifel Nicolaus set a $12.00 price target on NCR Voyix in a research note on Thursday, February 26th. Needham & Company LLC dropped their price target on NCR Voyix from $15.00 to $12.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Weiss Ratings reiterated a “sell (d)” rating on shares of NCR Voyix in a research report on Friday, March 27th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $13.00 target price on shares of NCR Voyix in a research report on Thursday, February 26th. Finally, The Goldman Sachs Group upped their target price on NCR Voyix from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Monday. Six analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $13.88.
View Our Latest Stock Analysis on NCR Voyix
NCR Voyix Trading Down 6.9%
NCR Voyix (NYSE:VYX – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.08 by $0.02. NCR Voyix had a return on equity of 11.38% and a net margin of 2.20%.The business had revenue of $606.00 million for the quarter, compared to analyst estimates of $579.57 million. During the same quarter in the prior year, the firm posted $0.09 EPS. The business’s quarterly revenue was down 1.8% compared to the same quarter last year. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. As a group, sell-side analysts forecast that NCR Voyix Corporation will post 0.67 earnings per share for the current fiscal year.
Institutional Investors Weigh In On NCR Voyix
Several hedge funds have recently bought and sold shares of VYX. Royal Bank of Canada boosted its position in NCR Voyix by 130.9% in the 1st quarter. Royal Bank of Canada now owns 51,798 shares of the company’s stock worth $505,000 after purchasing an additional 29,366 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of NCR Voyix by 56.5% during the 1st quarter. AQR Capital Management LLC now owns 60,111 shares of the company’s stock worth $586,000 after buying an additional 21,698 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of NCR Voyix by 5.1% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 86,956 shares of the company’s stock worth $848,000 after buying an additional 4,181 shares during the period. Goldman Sachs Group Inc. raised its stake in shares of NCR Voyix by 27.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,672,423 shares of the company’s stock worth $16,306,000 after buying an additional 362,834 shares during the period. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its stake in shares of NCR Voyix by 13.8% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 408,773 shares of the company’s stock worth $3,986,000 after buying an additional 49,642 shares during the period. Hedge funds and other institutional investors own 97.00% of the company’s stock.
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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