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

NCR Voyix Co. (NYSE:VYX) has earned an average rating of “Moderate Buy” from the six ratings firms that are currently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $15.50.

Separately, Needham & Company LLC reduced their price objective on shares of NCR Voyix from $20.00 to $15.00 and set a “buy” rating for the company in a research note on Friday, February 28th.

Hedge Funds Weigh In On NCR Voyix

Institutional investors and hedge funds have recently bought and sold shares of the stock. Pathstone Holdings LLC grew its position in NCR Voyix by 651.1% in the 3rd quarter. Pathstone Holdings LLC now owns 211,551 shares of the company’s stock worth $2,871,000 after purchasing an additional 183,387 shares during the last quarter. Intech Investment Management LLC acquired a new stake in NCR Voyix during the third quarter worth about $427,000. Charles Schwab Investment Management Inc. increased its stake in NCR Voyix by 10.2% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,582,882 shares of the company’s stock valued at $35,050,000 after acquiring an additional 238,555 shares during the period. Penserra Capital Management LLC raised its holdings in NCR Voyix by 44.1% in the 3rd quarter. Penserra Capital Management LLC now owns 178,875 shares of the company’s stock valued at $2,427,000 after acquiring an additional 54,714 shares in the last quarter. Finally, Truvestments Capital LLC bought a new stake in shares of NCR Voyix in the 3rd quarter worth approximately $25,000. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Stock Performance

Shares of NYSE VYX opened at $10.14 on Tuesday. The firm has a market cap of $1.41 billion, a price-to-earnings ratio of 2.35 and a beta of 1.56. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. The business’s 50-day simple moving average is $11.71 and its 200-day simple moving average is $13.01. NCR Voyix has a 52 week low of $9.53 and a 52 week 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.