NCR Voyix Co. Receives Average Analyst Rating of 'Moderate Buy'

NCR Voyix Co. (NYSE:VYX - Get Free Report) has received an average rating of "Moderate Buy" from seven different ratings firms monitoring the stock, according to Marketbeat.com. Of these analysts, one has issued a hold recommendation while six others recommended buying the stock. The consensus twelve-month price target for NCR Voyix, as determined by brokerages over the past year, stands at $16.43.

In a recent report, Needham & Company LLC has adjusted their price target for NCR Voyix, reducing it from $20.00 to $15.00, while maintaining a "buy" rating for the company.

Institutional Investor Activity

Recent activity among institutional investors has seen a number of hedge funds buying and selling shares of NCR Voyix. For instance, Penserra Capital Management LLC increased its stake in the company by 44.1% during the third quarter, acquiring an additional 54,714 shares to reach a total of 178,875 shares, valued at $2,427,000. Luxor Capital Group LP also enhanced its holdings by 88.9%, adding 71,490 shares for a total ownership of 151,888 shares worth $2,061,000.

Harbor Capital Advisors Inc. significantly increased its investment by 92.2% during the same quarter, amassing 985,854 shares valued at $13,378,000 after buying 472,904 additional shares. Engaged Capital LLC boosted its holdings by 14.1%, bringing its total to 7,171,029 shares valued at $97,311,000 after acquiring 885,000 shares.

Furthermore, MetLife Investment Management LLC saw its holdings grow by 129.1%, now owning 84,013 shares worth $1,140,000 after purchasing an additional 47,338 shares. Overall, institutional investors collectively own about 97.00% of NCR Voyix's stock.

NCR Voyix Stock Performance

As of the last recorded trading session, NCR Voyix shares opened at $11.50. The stock has fluctuated, reaching a one-year low of $10.87 and a high of $15.34. The company's market capitalization currently stands at $1.68 billion, with a price-to-earnings (P/E) ratio of 2.66 and a beta of 1.62. The stock has a 50-day moving average of $12.90 and a 200-day moving average of $13.33. Key ratios include a debt-to-equity ratio of 1.09, a current ratio of 1.20, and a quick ratio of 1.06.

About NCR Voyix

NCR Voyix Corporation operates within multiple regions, providing a range of software and services across the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company is structured into three main segments: Retail, Restaurants, and Digital Banking, offering software, services, hardware, and digital banking solutions tailored for both consumer and business clients within financial institutions.

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