This is why NCR Voyix Corp (VYX) Stock is one of the options for the Longer run

A share price of NCR Voyix Corp [VYX] is currently trading at $13.58, up 1.12%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The VYX shares have gain 1.80% over the last week, with a monthly amount glided 9.87%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

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.

NCR Voyix Corp experienced fluctuations in its stock price throughout the past year between $10.87 and $18.04. 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 $13.58 at the most recent close of the market. An investor can expect a potential return of 19.66% based on the average VYX price forecast.

Analyzing the VYX fundamentals

Trailing Twelve Months sales for NCR Voyix Corp [NYSE:VYX] were 4.72B which represents -55.89% decline. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 13.66.

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 13.33 points at the first support level, and at 13.07 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.76, and for the 2nd resistance point, it is at 13.93.

Ratios To Look Out For

To put it in perspective, the Current Ratio for NCR Voyix Corp [NYSE:VYX] is 0.85. In addition, the Quick Ratio stands at 0.67 and the Cash Ratio stands at 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.

Related Posts