NCR Voyix Co. (NYSE:VYX) Receives Consensus Recommendation of “Moderate Buy” from Analysts

NCR Voyix Co. (NYSE:VYX) has been assigned a consensus recommendation of “Moderate Buy” from the six brokerages that are covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $15.67.

Several research analysts recently commented on the stock. Royal Bank of Canada restated an “outperform” rating and issued a $17.00 price target on shares of NCR Voyix in a report on Tuesday, March 25th. Needham & Company LLC reduced their target price on shares of NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Friday, February 28th.

Institutional Investors Weigh In On NCR Voyix

Large investors have recently added to or reduced their stakes in the company. Shapiro Capital Management LLC boosted its position in NCR Voyix by 10.1% in the 4th quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company’s stock valued at $144,084,000 after buying an additional 956,177 shares during the last quarter. Engaged Capital LLC lifted its stake in shares of NCR Voyix by 14.1% in the third quarter. Engaged Capital LLC now owns 7,171,029 shares of the company’s stock worth $97,311,000 after acquiring an additional 885,000 shares in the last quarter. Greenhouse Funds LLLP boosted its holdings in NCR Voyix by 10.4% in the fourth quarter. Greenhouse Funds LLLP now owns 8,332,854 shares of the company’s stock valued at $115,327,000 after purchasing an additional 787,032 shares during the last quarter. Philosophy Capital Management LLC grew its stake in NCR Voyix by 28.6% during the 3rd quarter. Philosophy Capital Management LLC now owns 3,094,733 shares of the company’s stock valued at $41,996,000 after purchasing an additional 688,684 shares in the last quarter. Finally, Boston Partners increased its holdings in NCR Voyix by 966.8% during the 4th quarter. Boston Partners now owns 732,480 shares of the company’s stock worth $10,131,000 after purchasing an additional 663,821 shares during the last quarter. 97.00% of the stock is owned by institutional investors and hedge funds.

NCR Voyix Price Performance

VYX stock opened at $9.76 on Tuesday. The stock has a 50-day moving average price of $11.39 and a two-hundred day moving average price of $12.94. The company has a market cap of $1.35 billion, a PE ratio of 2.26 and a beta of 1.56. The company has a current ratio of 1.20, a quick ratio of 1.06 and a debt-to-equity ratio of 1.09. NCR Voyix has a 12-month low of $9.53 and a 12-month high of $15.34.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.