The Goldman Sachs Group Cuts NCR Voyix (NYSE:VYX) Price Target to $11.50

NCR Voyix (NYSE:VYX) had its price objective lowered by The Goldman Sachs Group from $13.00 to $11.50 in a research report report published on Tuesday morning,Benzinga reports. The brokerage currently has a neutral rating on the stock.

Other equities research analysts have also issued reports about the company. Oppenheimer raised their price target on NCR Voyix from $16.00 to $18.00 and gave the stock an “outperform” rating in a research note on Monday, September 29th. Zacks Research lowered NCR Voyix from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. UBS Group set a $18.00 target price on NCR Voyix in a research report on Monday, September 29th. Needham & Company LLC restated a “buy” rating and issued a $15.00 price target on shares of NCR Voyix in a report on Monday, September 29th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of NCR Voyix in a research note on Monday, December 29th. Five analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, NCR Voyix has a consensus rating of “Moderate Buy” and a consensus price target of $15.64.

NCR Voyix Price Performance

VYX stock opened at $10.84 on Tuesday. The stock has a market cap of $1.50 billion, a PE ratio of -24.64 and a beta of 1.46. NCR Voyix has a 12 month low of $7.55 and a 12 month high of $14.67. The company has a 50-day moving average price of $10.33 and a 200 day moving average price of $11.91. The company has a current ratio of 1.13, a quick ratio of 0.94 and a debt-to-equity ratio of 1.30.

NCR Voyix (NYSE:VYX) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.22 by $0.09. NCR Voyix had a negative net margin of 2.15% and a positive return on equity of 5.08%. The business had revenue of $684.00 million during the quarter, compared to the consensus estimate of $669.06 million. During the same quarter last year, the firm earned $0.01 earnings per share. The firm’s quarterly revenue was down 3.4% compared to the same quarter last year. NCR Voyix has set its FY 2025 guidance at 0.850-0.900 EPS. Equities research analysts anticipate that NCR Voyix will post -0.86 earnings per share for the current year.

Institutional Trading of NCR Voyix

Institutional investors and hedge funds have recently made changes to their positions in the company. Federated Hermes Inc. bought a new position in NCR Voyix during the 3rd quarter worth about $28,000. Parkside Financial Bank & Trust raised its holdings in shares of NCR Voyix by 2,835.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 3,522 shares of the company’s stock valued at $41,000 after purchasing an additional 3,402 shares in the last quarter. Aster Capital Management DIFC Ltd purchased a new stake in shares of NCR Voyix in the 3rd quarter worth approximately $56,000. Blue Trust Inc. boosted its stake in shares of NCR Voyix by 33.5% during the third quarter. Blue Trust Inc. now owns 4,755 shares of the company’s stock valued at $60,000 after purchasing an additional 1,193 shares in the last quarter. Finally, GAMMA Investing LLC increased its holdings in NCR Voyix by 299.9% during the second quarter. GAMMA Investing LLC now owns 5,774 shares of the company’s stock valued at $68,000 after buying an additional 4,330 shares during the period. 97.00% of the stock is currently owned by institutional investors.

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.