NCR Voyix Co. (NYSE:VYX) Receives $15.50 Consensus PT from Brokerages

NCR Voyix Co. (NYSE:VYX) has been given a consensus recommendation of “Moderate Buy” by the six ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $15.67.

A number of research firms recently issued reports on VYX. Royal Bank of Canada reissued an “outperform” rating and set a $17.00 target price on shares of NCR Voyix in a research report on Tuesday. Needham & Company LLC decreased 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

Large investors have recently modified their holdings of the stock. CIBC Asset Management Inc lifted its holdings in NCR Voyix by 6.5% during the 4th quarter. CIBC Asset Management Inc now owns 14,239 shares of the company’s stock worth $197,000 after buying an additional 871 shares during the last quarter. Mariner LLC raised its position in shares of NCR Voyix by 6.6% during the 4th quarter. Mariner LLC now owns 14,022 shares of the company’s stock valued at $194,000 after acquiring an additional 872 shares in the last quarter. Summit Investment Advisors Inc. lifted its stake in NCR Voyix by 6.8% during the fourth quarter. Summit Investment Advisors Inc. now owns 15,221 shares of the company’s stock worth $211,000 after purchasing an additional 966 shares during the last quarter. Trajan Wealth LLC increased its stake in NCR Voyix by 9.0% during the fourth quarter. Trajan Wealth LLC now owns 15,315 shares of the company’s stock valued at $212,000 after purchasing an additional 1,269 shares during the last quarter. Finally, Smartleaf Asset Management LLC raised its holdings in shares of NCR Voyix by 175.9% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock worth $31,000 after purchasing an additional 1,423 shares during the period. Institutional investors own 97.00% of the company’s stock.

NCR Voyix Price Performance

VYX stock opened at $10.42 on Tuesday. The stock has a 50-day moving average price of $11.52 and a two-hundred day moving average price of $12.96. The company has a market cap of $1.45 billion, a PE ratio of 2.41 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.

About NCR Voyix

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.