NCR Voyix (NYSE:VYX) Stock Price Up 9.2% – Still a Buy?

NCR Voyix Corporation (NYSE:VYX) shares shot up 9.2% on Thursday. The stock traded as high as $7.51 and last traded at $7.5150. Approximately 1,718,954 shares changed hands during mid-day trading, a decline of 28% from the average daily volume of 2,402,717 shares. The stock had previously closed at $6.88.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the stock. The Goldman Sachs Group decreased their price target on shares of NCR Voyix from $9.75 to $8.00 and set a “neutral” rating on the stock in a research note on Tuesday. Royal Bank Of Canada lifted their price objective on shares of NCR Voyix from $10.00 to $13.00 and gave the stock an “outperform” rating in a research note on Thursday, August 6th. Needham & Company LLC restated a “buy” rating and issued a $14.00 target price on shares of NCR Voyix in a report on Tuesday, September 29th. Finally, Weiss Ratings upgraded shares of NCR Voyix from a “sell (d+)” rating to a “hold (c-)” rating in a report on Friday, September 4th. Three analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $12.20.

NCR Voyix Trading Up 0.6%

The stock has a market cap of $1.05 billion, a PE ratio of 19.00 and a beta of 1.42. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.95 and a current ratio of 1.07. The stock has a fifty day moving average price of $7.73 and a 200 day moving average price of $7.51.

NCR Voyix (NYSE:VYX) last released its earnings results on Wednesday, August 5th. The company reported $0.17 earnings per share 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 company’s revenue for the quarter was down 21.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.19 EPS. NCR Voyix has set its FY 2026 guidance at 0.890-0.920 EPS. Equities analysts expect that NCR Voyix Corporation will post 0.68 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Integrated Wealth Concepts LLC bought a new stake in shares of NCR Voyix in the 2nd quarter worth about $30,000. IFP Advisors Inc grew its holdings in NCR Voyix by 60,644.4% during the 2nd quarter. IFP Advisors Inc now owns 5,467 shares of the company’s stock valued at $45,000 after purchasing an additional 5,458 shares during the last quarter. Public Employees Retirement System of Ohio purchased a new stake in NCR Voyix in the 2nd quarter worth about $52,000. AXQ Capital LP purchased a new stake in NCR Voyix in the 2nd quarter worth about $83,000. Finally, HighTower Advisors LLC purchased a new stake in NCR Voyix in the 2nd quarter worth about $86,000. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Company Profile

NCR Voyix Corporation (NYSE: VYX) is a global technology company that provides software and services for retailers and restaurants. Its platform is designed to help businesses manage customer interactions, sales, payments, operations and digital commerce across physical and online channels.

The company’s offerings include point-of-sale systems, self-checkout technology, digital ordering and delivery solutions, payment acceptance, loyalty programs, inventory and workforce management, back-office software, and related implementation and support services.