NCR Voyix Corporation (NYSE:VYX – Get Free Report)’s stock price fell 11% on Thursday . The company traded as low as $8.43 and last traded at $8.4750. Approximately 2,096,580 shares changed hands during mid-day trading, a decline of 7% from the average session volume of 2,252,256 shares. The stock had previously closed at $9.52.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on VYX. Needham & Company LLC lifted their price objective on shares of NCR Voyix from $12.00 to $14.00 and gave the stock a “buy” rating in a research report on Thursday. The Goldman Sachs Group increased their target price on shares of NCR Voyix from $8.00 to $9.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Royal Bank Of Canada lifted their price target on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a report on Thursday. Finally, Weiss Ratings raised NCR Voyix from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday. Four equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, NCR Voyix has an average rating of “Hold” and a consensus target price of $14.00.
Get Our Latest Stock Analysis on NCR Voyix
NCR Voyix Price Performance
NCR Voyix (NYSE:VYX – Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.02. The firm had revenue of $523.00 million for the quarter, compared to the consensus estimate 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 was down 21.5% on a year-over-year basis. During the same period in the prior year, the firm earned $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities research analysts anticipate that NCR Voyix Corporation will post 0.67 EPS for the current fiscal year.
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the business. BlackRock Inc. acquired a new stake in NCR Voyix during the 2nd quarter worth about $184,310,000. Deutsche Bank AG purchased a new stake in shares of NCR Voyix in the second quarter worth about $1,250,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of NCR Voyix in the second quarter worth about $198,000. Bank of New York Mellon Corp acquired a new stake in NCR Voyix during the second quarter worth about $7,198,000. Finally, State of Wyoming acquired a new stake in NCR Voyix during the second quarter worth about $671,000. Hedge funds and other institutional investors own 97.00% of the company’s stock.
NCR Voyix Company Profile
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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