Somewhat Favorable Media Coverage Somewhat Likely to Affect NCR Corporation (NCR) Share Price
Media stories about NCR Corporation (NYSE:NCR) have trended somewhat positive on Monday, according to Accern Sentiment. The research firm ranks the sentiment of news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. NCR Corporation earned a news impact score of 0.24 on Accern’s scale. Accern also assigned news articles about the information technology services provider an impact score of 62 out of 100, indicating that recent news coverage is somewhat likely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have impacted Accern Sentiment’s scoring:
- Swiss banks select NCR Software for ATMfutura project (thepaypers.com)
- POS Terminal Market: Growth Boosted by Stipulations to Comply With Secured Systems | TMR (prnewswire.co.uk)
- What’s in the Offing for NCR Corp (NCR) in Q2 Earnings? (nasdaq.com)
- Job at NCR Corporation for an Assistant Territory Manager (joblanda.com)
- What's in the Offing for NCR Corp (NCR) in Q2 Earnings? (finance.yahoo.com)
Shares of NCR Corporation (NYSE:NCR) traded down 0.53% on Monday, reaching $41.37. 202,722 shares of the company’s stock were exchanged. The company has a 50 day moving average price of $40.08 and a 200 day moving average price of $42.84. The firm has a market cap of $5.02 billion, a PE ratio of 28.95 and a beta of 1.90. NCR Corporation has a one year low of $26.21 and a one year high of $49.90.
NCR Corporation (NYSE:NCR) last released its quarterly earnings data on Thursday, April 20th. The information technology services provider reported $0.56 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.10. NCR Corporation had a return on equity of 88.93% and a net margin of 4.49%. The business had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same quarter in the previous year, the company posted $0.38 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. Analysts expect that NCR Corporation will post $3.37 EPS for the current fiscal year.
Several equities research analysts have recently weighed in on the company. Benchmark Co. assumed coverage on NCR Corporation in a research report on Thursday, April 13th. They set a “buy” rating and a $55.00 price target on the stock. Zacks Investment Research upgraded NCR Corporation from a “hold” rating to a “buy” rating and set a $45.00 price target on the stock in a research report on Tuesday, June 6th. Royal Bank Of Canada reiterated a “buy” rating and set a $51.00 price target on shares of NCR Corporation in a research report on Friday, May 12th. Finally, TheStreet cut NCR Corporation from a “b” rating to a “c+” rating in a research report on Thursday, April 20th. One investment analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average target price of $46.29.
In other NCR Corporation news, EVP J. Robert Ciminera sold 3,086 shares of NCR Corporation stock in a transaction that occurred on Tuesday, May 2nd. The stock was sold at an average price of $42.48, for a total value of $131,093.28. Following the sale, the executive vice president now owns 9,888 shares of the company’s stock, valued at approximately $420,042.24. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 1.00% of the company’s stock.
NCR Corporation 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.
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