At the time of writing, NCR Voyix Corp [VYX] stock is trading at $14.60, up 2.67%. 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 gain 4.36% over the last week, with a monthly amount glided 10.36%, 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.
For the past year, the stock price of NCR Voyix Corp fluctuated 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 $14.60 at the most recent close of the market. An investor can expect a potential return of 16.44% based on the average VYX price forecast.
Analyzing the VYX fundamentals
According to NCR Voyix Corp [NYSE:VYX], the company’s sales were 3.41B for trailing twelve months, which represents an -64.75% plunge. Gross Profit Margin for this corporation currently stands at 0.27% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at -0.12%, and Net Profit Margin reading is -0.2%. To continue investigating profitability, this company’s Return on Assets is posted at -0.15, Equity is -1.59 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.33.
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 14.34 points at the first support level, and at 14.08 for the second support level. However, for the 1st resistance point, the stock is sitting at 14.78, and for the 2nd resistance point, it is at 14.95.
Ratios To Look Out For
It is important to note that NCR Voyix Corp [NYSE:VYX] has a current ratio of 1.20. Also, the Quick Ratio is 1.06, while the Cash Ratio stands at 0.52. Considering the valuation of this stock, the price to sales ratio is 0.62, the price to book ratio is 2.10.
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.
