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

Shares of NCR Voyix Co. (NYSE:VYX) have received an average recommendation of “Moderate Buy” from the seven analysts that are presently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $16.43.

Separately, Needham & Company LLC dropped their target price on shares of NCR Voyix from $20.00 to $15.00 and set a “buy” rating on the stock in a report on Friday.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VYX. Shapiro Capital Management LLC raised its position in NCR Voyix by 10.1% in the fourth quarter. Shapiro Capital Management LLC now owns 10,410,704 shares of the company’s stock worth $144,084,000 after acquiring an additional 956,177 shares during the period. Engaged Capital LLC raised its position in NCR Voyix by 14.1% in the third quarter. Engaged Capital LLC now owns 7,171,029 shares of the company’s stock worth $97,311,000 after acquiring an additional 885,000 shares during the period. Greenhouse Funds LLLP raised its position in NCR Voyix by 10.4% in the fourth quarter. Greenhouse Funds LLLP now owns 8,332,854 shares of the company’s stock worth $115,327,000 after acquiring an additional 787,032 shares during the period. Philosophy Capital Management LLC raised its position in NCR Voyix by 28.6% in the third quarter. Philosophy Capital Management LLC now owns 3,094,733 shares of the company’s stock worth $41,996,000 after acquiring an additional 688,684 shares during the period. Finally, Boston Partners raised its position in NCR Voyix by 966.8% in the fourth quarter. Boston Partners now owns 732,480 shares of the company’s stock worth $10,131,000 after acquiring an additional 663,821 shares during the period. 97.00% of the stock is currently owned by institutional investors.

NCR Voyix Trading Down 1.8 %

NYSE:VYX opened at $11.50 on Friday. NCR Voyix has a 52 week low of $10.87 and a 52 week high of $15.34. The company has a quick ratio of 1.06, a current ratio of 1.20 and a debt-to-equity ratio of 1.09. The company’s 50 day moving average price is $12.90 and its 200-day moving average price is $13.33. The stock has a market cap of $1.68 billion, a price-to-earnings ratio of 2.66 and a beta of 1.62.

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.