NCR Voyix Co. (NYSE:VYX) Given Average Rating of “Moderate Buy” by Analysts

Shares of NCR Voyix Co. (NYSE:VYX) have earned a consensus rating of “Moderate Buy” from the six ratings firms that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $15.67.

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

Hedge Funds Weigh In On NCR Voyix

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Pathstone Holdings LLC lifted 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 valued at $2,871,000 after purchasing an additional 183,387 shares during the last quarter. Intech Investment Management LLC bought a new stake in shares of NCR Voyix during the third quarter valued at approximately $427,000. Charles Schwab Investment Management Inc. boosted its position in shares of 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 worth $35,050,000 after buying an additional 238,555 shares during the period. Penserra Capital Management LLC grew 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 worth $2,427,000 after buying an additional 54,714 shares in the last quarter. Finally, Truvestments Capital LLC bought a new position in NCR Voyix in the 3rd quarter worth approximately $25,000. 97.00% of the stock is currently owned by institutional investors and hedge funds.

NCR Voyix Price Performance

VYX opened at $9.76 on Tuesday. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.06 and a current ratio of 1.20. NCR Voyix has a 1-year low of $9.53 and a 1-year high of $15.34. The company has a 50-day moving average of $11.39 and a 200-day moving average of $12.94. The company has a market capitalization of $1.35 billion, a P/E ratio of 2.26 and a beta of 1.56.

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.