NCR Voyix’s (VYX) Buy Rating Reaffirmed at DA Davidson

DA Davidson reiterated their buy rating on shares of NCR Voyix (NYSE:VYX) in a research report report published on Thursday, Benzinga reports. DA Davidson currently has a $20.00 price target on the stock.

A number of other equities research analysts have also recently issued reports on VYX. The Goldman Sachs Group began coverage on NCR Voyix in a research note on Monday, March 18th. They issued a neutral rating and a $14.00 target price on the stock. Northcoast Research upgraded shares of NCR Voyix from a neutral rating to a buy rating and set a $17.00 price objective on the stock in a research note on Tuesday, March 12th. Needham & Company LLC restated a buy rating and set a $20.00 price objective on shares of NCR Voyix in a research note on Monday. Finally, Royal Bank of Canada restated an outperform rating and set a $23.00 price objective on shares of NCR Voyix in a research note on Tuesday, March 5th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of Moderate Buy and an average price target of $18.83.

NCR Voyix Trading Up 0.2 %

VYX stock opened at $12.63 on Thursday. The company has a current ratio of 0.90, a quick ratio of 0.71 and a debt-to-equity ratio of 102.52. NCR Voyix has a 1 year low of $10.99 and a 1 year high of $19.01. The company has a fifty day moving average of $14.07.

NCR Voyix (NYSE:VYX) last posted its earnings results on Thursday, February 29th. The company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.92). The company had revenue of $963.00 million during the quarter, compared to the consensus estimate of $959.23 million. NCR Voyix had a negative net margin of 5.98% and a positive return on equity of 21.46%. The company’s revenue for the quarter was down .3% compared to the same quarter last year. Equities analysts anticipate that NCR Voyix will post 3.17 earnings per share for the current year.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through Retail, Hospitality, Digital Banking, Payments & Network, and Self-Service Banking segments. It offers managed services, including ATM-as-a-Service solutions that allow banks to run their end-to-end ATM channels; software, services, and hardware; and digital banking solutions for financial institution's consumer and business customers.