NCR Voyix (VYX) Set to Announce Quarterly Earnings on Thursday

NCR Voyix (NYSE:VYX) is set to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of ($0.01) per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

NCR Voyix (NYSE:VYX) last posted its earnings results on Tuesday, August 6th. The company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.07). NCR Voyix had a positive return on equity of 7.35% and a negative net margin of 11.68%. The business had revenue of $876.00 million for the quarter, compared to the consensus estimate of $886.60 million. During the same period in the previous year, the firm earned $0.73 earnings per share. The company’s revenue was down 7.4% compared to the same quarter last year. On average, analysts expect NCR Voyix to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NCR Voyix Stock Up 2.0 %

Shares of NCR Voyix stock opened at $13.33 on Wednesday. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of -3.33 and a beta of 1.64. NCR Voyix has a twelve month low of $10.87 and a twelve month high of $17.39. The company’s fifty day moving average is $13.20 and its 200 day moving average is $13.10.

Insider Buying and Selling

In related news, CFO Brian J. Webb-Walsh purchased 10,000 shares of the firm’s stock in a transaction on Thursday, August 8th. The stock was purchased at an average cost of $11.51 per share, with a total value of $115,100.00. Following the completion of the purchase, the chief financial officer now owns 142,288 shares in the company, valued at approximately $1,637,734.88. This trade represents a 0.00 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In other news, EVP Eric Schoch bought 21,692 shares of the stock in a transaction dated Tuesday, August 13th. The shares were bought at an average cost of $12.19 per share, with a total value of $264,425.48. Following the completion of the transaction, the executive vice president now directly owns 101,671 shares of the company’s stock, valued at $1,239,369.49. This trade represents a 0.00 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Brian J. Webb-Walsh purchased 10,000 shares of NCR Voyix stock in a transaction that occurred on Thursday, August 8th. The stock was acquired at an average cost of $11.51 per share, with a total value of $115,100.00. Following the transaction, the chief financial officer now owns 142,288 shares in the company, valued at $1,637,734.88. This trade represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. Insiders have purchased a total of 46,492 shares of company stock valued at $577,993 over the last ninety days. 0.61% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

VYX has been the subject of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and issued a $20.00 price objective on shares of NCR Voyix in a research note on Monday, October 14th. Royal Bank of Canada dropped their price target on shares of NCR Voyix from $19.00 to $16.00 and set an “outperform” rating on the stock in a research report on Wednesday, August 7th. DA Davidson decreased their price objective on shares of NCR Voyix from $20.00 to $16.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Finally, The Goldman Sachs Group began coverage on shares of NCR Voyix in a report on Monday, October 14th. They issued a “neutral” rating and a $14.00 target price on the stock. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $16.43.

NCR Voyix Company Profile

NCR Voyix Corporation provides various software and services in the United States, the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates through three segments: Retail; Restaurants; and Digital Banking. It offers software, services, and hardware; and digital banking solutions for financial institution’s consumer and business customers.