NCR Voyix Corp (NYSE:VYX) price on current trading day, rose 2.39% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $11.99.
A look at the stock’s price movement, the level at last check in today’s session was $11.71. Turning to its 52-week performance, $15.34 and $10.87 were the 52-week high and 52-week low respectively. Overall, VYX moved -2.52% over the past month.
NCR Voyix Corp’s market cap currently stands at around $1.75 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 533.34M for the company’s revenue for the quarter, with a low and high estimate of 521M and 544.05M respectively. The average forecast suggests down to a -38.13% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.18B, representing a -22.65% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that VYX is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
2 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 2 recommend VYX as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
VYX’s current price about -2.02% and -7.90% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 41.80, while 7-day volatility ratio is 2.79% and 2.90% in the 30-day chart. Further, NCR Voyix Corp (VYX) has a beta value of 1.57, and an average true range (ATR) of 0.42. Analysts have given the company’s stock an average 52-week price target of $20, forecast between a low of $20 and high of $20. Looking at the price targets, the low is -66.81% off recent price level in today’s trading while to achieve the yearly target high, it has to move -66.81%. Nonetheless, investors will most likely welcome a -66.81% jump to $20 which is the analysts’ median price.
If we refocus on NCR Voyix Corp (NYSE:VYX), historical trading data shows that trading volumes averaged 1.38 million over the past 3 months. The company’s latest data on shares outstanding shows there are 145.50 million shares.
The 3.39% of NCR Voyix Corp’s shares are in the hands of company insiders while institutional holders own 102.57% of the company’s shares. Current price change has pushed the stock -13.37% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the VYX stock continues to rise going into the next quarter.
