NCR Corporation (NYSE:NCR) has received an average rating of “Hold” from the eleven research firms that are covering the stock, Marketbeat.com reports. Two research analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is $47.57.

A number of research analysts have issued reports on NCR shares. Zacks Investment Research downgraded NCR from a “hold” rating to a “strong sell” rating in a report on Monday, October 23rd. Royal Bank Of Canada reissued an “average” rating and issued a $44.00 price target on shares of NCR in a report on Friday, October 20th. They noted that the move was a valuation call. Morgan Stanley decreased their price target on NCR from $43.00 to $39.00 and set an “equal weight” rating for the company in a report on Friday, October 20th. J P Morgan Chase & Co set a $45.00 price target on NCR and gave the company a “buy” rating in a report on Saturday, October 21st. Finally, BidaskClub downgraded NCR from a “sell” rating to a “strong sell” rating in a report on Saturday, August 5th.

Several institutional investors have recently bought and sold shares of the company. First Allied Advisory Services Inc. increased its position in shares of NCR by 3.0% during the second quarter. First Allied Advisory Services Inc. now owns 8,775 shares of the information technology services provider’s stock worth $355,000 after purchasing an additional 257 shares in the last quarter. Stifel Financial Corp increased its position in shares of NCR by 0.5% during the second quarter. Stifel Financial Corp now owns 69,650 shares of the information technology services provider’s stock worth $2,832,000 after purchasing an additional 315 shares in the last quarter. Ironwood Investment Management LLC increased its position in shares of NCR by 1.0% during the second quarter. Ironwood Investment Management LLC now owns 51,115 shares of the information technology services provider’s stock worth $2,088,000 after purchasing an additional 500 shares in the last quarter. Capstone Asset Management Co. increased its position in shares of NCR by 3.7% during the second quarter. Capstone Asset Management Co. now owns 14,041 shares of the information technology services provider’s stock worth $573,000 after purchasing an additional 500 shares in the last quarter. Finally, HighTower Advisors LLC increased its position in shares of NCR by 8.9% during the second quarter. HighTower Advisors LLC now owns 6,448 shares of the information technology services provider’s stock worth $261,000 after purchasing an additional 525 shares in the last quarter. Institutional investors and hedge funds own 89.19% of the company’s stock.

NCR (NYSE NCR) traded up $0.39 during trading on Monday, hitting $30.89. The company had a trading volume of 273,900 shares, compared to its average volume of 1,319,176. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.42 and a quick ratio of 1.01. NCR has a 12-month low of $29.20 and a 12-month high of $49.90. The firm has a market capitalization of $3,762.40, a P/E ratio of 9.19 and a beta of 1.83.

NCR (NYSE:NCR) last released its earnings results on Thursday, October 19th. The information technology services provider reported $0.93 EPS for the quarter, topping the Zacks’ consensus estimate of $0.90 by $0.03. NCR had a return on equity of 84.72% and a net margin of 5.11%. The firm had revenue of $1.66 billion during the quarter, compared to the consensus estimate of $1.68 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The company’s revenue was down .8% compared to the same quarter last year. analysts expect that NCR will post 3.14 EPS for the current fiscal year.

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NCR Company Profile

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.

Analyst Recommendations for NCR (NYSE:NCR)

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