Are NCR Voyix Corp (VYX) stocks a prudent buy?

A share price of NCR Voyix Corp [VYX] is currently trading at $13.97, down -0.14%. 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 9.06% over the last week, with a monthly amount glided 3.25%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, Stifel started tracking the stock with Buy rating on June 12, 2024, and set its price target to $16. On March 18, 2024, Goldman initiated with a Neutral rating and assigned a price target of $14 on the stock. Northcoast upgraded its rating to a Buy but stick to its price target of $17 on March 12, 2024. Needham initiated its recommendation with a Buy and recommended $22 as its price target on December 04, 2023. DA Davidson started tracking with a Buy rating for this stock on October 17, 2023, and assigned it a price target of $24. In a note dated September 07, 2023, Northcoast downgraded an Neutral rating on this stock.

NCR Voyix Corp experienced fluctuations in its stock price throughout the past year between $10.87 and $17.39. Currently, Wall Street analysts expect the stock to reach $17 within the next 12 months. NCR Voyix Corp [NYSE: VYX] shares were valued at $13.97 at the most recent close of the market. An investor can expect a potential return of 21.69% 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 13.27 points at the first support level, and at 12.57 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.33, and for the 2nd resistance point, it is at 14.69.

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 0.43.

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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