NCR Voyix (NYSE:VYX) Given New $15.00 Price Target at Needham & Company LLC

NCR Voyix (NYSE:VYX) had its price objective reduced by Needham & Company LLC from $20.00 to $15.00 in a research report released on Friday,Benzinga reports. They currently have a buy rating on the stock.

NCR Voyix Trading Down 2.2 %

Shares of VYX opened at $11.25 on Friday. NCR Voyix has a 12-month low of $10.87 and a 12-month 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 firm has a market capitalization of $1.64 billion, a price-to-earnings ratio of 2.60 and a beta of 1.62. The stock’s 50-day moving average price is $12.90 and its 200 day moving average price is $13.33.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the stock. Truvestments Capital LLC acquired a new stake in NCR Voyix in the third quarter valued at approximately $25,000. Smartleaf Asset Management LLC increased its holdings in shares of NCR Voyix by 175.9% in the 4th quarter. Smartleaf Asset Management LLC now owns 2,232 shares of the company’s stock worth $31,000 after buying an additional 1,423 shares during the last quarter. KBC Group NV boosted its stake in shares of NCR Voyix by 55.1% in the 4th quarter. KBC Group NV now owns 7,148 shares of the company’s stock valued at $99,000 after purchasing an additional 2,540 shares in the last quarter. W.G. Shaheen & Associates DBA Whitney & Co bought a new stake in NCR Voyix in the 3rd quarter worth $136,000. Finally, Xponance Inc. bought a new stake in shares of NCR Voyix during the 4th quarter valued at about $146,000. Institutional investors own 97.00% of the company’s stock.

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.