The outlook and analysis of NCR Voyix Corp (VYX)’s stock

NCR Voyix Corp [VYX] stock prices are up 2.77% to $13.71 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The VYX shares have gain 5.87% over the last week, with a monthly amount glided 4.66%, 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 $10.87 and $18.04 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 $13.71 at the most recent close of the market. An investor can expect a potential return of 18.53% based on the average VYX price forecast.

Analyzing the VYX fundamentals

The NCR Voyix Corp [NYSE:VYX] reported sales of 4.72B for trailing twelve months, representing a drop of -55.89%. Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at 0.08%, Pretax Profit Margin comes in at -0.05%, and Net Profit Margin reading is -0.12%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.93 and Total Capital is 0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of13.66.

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 13.37 points at the first support level, and at 13.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.94, and for the 2nd resistance point, it is at 14.16.

Ratios To Look Out For

It’s worth pointing out that NCR Voyix Corp [NYSE:VYX]’s Current Ratio is 0.85. Further, the Quick Ratio stands at 0.67, while the Cash Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 0.42.

Transactions by insiders

Recent insider trading involved Tadele Beimnet, EVP & President, Restaurants, that happened on Aug 29 ’24 when 3648.0 shares were purchased. Executive Chair of Board, KELLY JAMES G completed a deal on Aug 27 ’24 to buy 14800.0 shares. Meanwhile, EVP & President, Retail Schoch Eric bought 21692.0 shares on Aug 13 ’24.

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