NCR Voyix Corp [VYX] stock prices are down -1.15% to $14.63 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The VYX shares have lost -1.61% over the last week, with a monthly amount glided 18.17%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
NCR Voyix Corp [NYSE: VYX] stock has seen the most recent analyst activity on June 12, 2024, when Stifel initiated its Buy rating and assigned the stock a price target of $16. Previously, Goldman started tracking the stock with Neutral rating on March 18, 2024, and set its price target to $14. On March 12, 2024, upgrade upgraded it’s rating to Buy but maintained its price target of $17 on the stock. Needham started tracking the stock assigning a Buy rating and suggested a price target of $22 on December 04, 2023. DA Davidson initiated its recommendation with a Buy and recommended $24 as its price target on October 17, 2023. Northcoast downgraded its rating to Neutral for this stock on September 07, 2023. In a note dated September 19, 2022, Morgan Stanley downgraded an Equal-Weight rating on this stock and revised its target price from $38 to $27.
The stock price of NCR Voyix Corp [VYX] has been fluctuating between $10.99 and $19.01 over the past year. Currently, Wall Street analysts expect the stock to reach $16.25 within the next 12 months. NCR Voyix Corp [NYSE: VYX] shares were valued at $14.63 at the most recent close of the market. An investor can expect a potential return of 11.07% based on the average VYX price forecast.
Analyzing the VYX fundamentals
The NCR Voyix Corp [NYSE:VYX] reported sales of 5.83B for trailing twelve months, representing a drop of -54.42%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at -0.02%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.09, Equity is -0.46 and Total Capital is 0.13. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 11.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 14.50 points at the first support level, and at 14.38 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.82, and for the 2nd resistance point, it is at 15.02.
Ratios To Look Out For
It’s worth pointing out that NCR Voyix Corp [NYSE:VYX]’s Current Ratio is 0.93. Also, the Quick Ratio is 0.73, while the Cash Ratio stands at 0.2. Considering the valuation of this stock, the price to sales ratio is 0.36.
Transactions by insiders
Recent insider trading involved Reddy Kevin Michael, Director, that happened on Dec 01 ’23 when 6250.0 shares were purchased. Director, KELLY JAMES G completed a deal on Nov 17 ’23 to buy 32100.0 shares. Meanwhile, Director KELLY JAMES G bought 32100.0 shares on Nov 17 ’23.
