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

NCR Voyix Co. (NYSE:VYX) has earned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $16.43.

Separately, Needham & Company LLC decreased their price target 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.

Institutional Investors Weigh In On NCR Voyix

Hedge funds and other institutional investors have recently bought and sold shares of the business. Penserra Capital Management LLC grew its holdings in NCR Voyix by 44.1% in the third quarter. Penserra Capital Management LLC now owns 178,875 shares of the company’s stock worth $2,427,000 after purchasing an additional 54,714 shares during the period. Luxor Capital Group LP grew its holdings in NCR Voyix by 88.9% in the third quarter. Luxor Capital Group LP now owns 151,888 shares of the company’s stock worth $2,061,000 after purchasing an additional 71,490 shares during the period. Harbor Capital Advisors Inc. grew its holdings in shares of NCR Voyix by 92.2% during the third quarter. Harbor Capital Advisors Inc. now owns 985,854 shares of the company’s stock valued at $13,378,000 after buying an additional 472,904 shares during the last quarter. Engaged Capital LLC grew its holdings in shares of NCR Voyix by 14.1% during the third quarter. Engaged Capital LLC now owns 7,171,029 shares of the company’s stock valued at $97,311,000 after buying an additional 885,000 shares during the last quarter. Finally, MetLife Investment Management LLC grew its holdings in shares of NCR Voyix by 129.1% during the third quarter. MetLife Investment Management LLC now owns 84,013 shares of the company’s stock valued at $1,140,000 after buying an additional 47,338 shares during the last quarter. Hedge funds and other institutional investors own 97.00% of the company’s stock.

NCR Voyix Price Performance

VYX stock opened at $11.50 on Friday. NCR Voyix has a 1 year low of $10.87 and a 1 year high of $15.34. The company has a market cap of $1.68 billion, a P/E ratio of 2.66 and a beta of 1.62. The firm has a 50-day moving average of $12.90 and a 200 day moving average of $13.33. The company has 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 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.