The 36-month beta value for VYX is also noteworthy at 1.69. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for VYX is 140.25M, and at present, short sellers hold a 10.69% of that float. The average trading volume of VYX on August 13, 2024 was 2.46M shares.
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VYX) stock’s latest price update
The stock of NCR Voyix Corp (NYSE: VYX) has increased by 9.10 when compared to last closing price of 11.10.Despite this, the company has seen a loss of -3.12% in its stock price over the last five trading days. seekingalpha.com reported 2024-08-09 that NCR Voyix Corporation (NYSE:VYX ) Q2 2024 Earnings Conference Call August 6, 2024 8:00 AM ET Company Participants Alan Katz – Vice President of Investor Relations David Wilkinson – Chief Executive Officer Brian Webb-Walsh – Chief Financial Officer Conference Call Participants Will Nance – Goldman Sachs Mayank Tandon – Needham & Company Matt Summerville – D.A. Davidson Jeffrey Lane – Stifel, Nicolaus & Company Ian Zaffino – Oppenheimer & Co. Inc. Erik Woodring – Morgan Stanley Operator Greetings, and welcome to the NCR Voyix Q2 2024 Earnings Call.
VYX’s Market Performance
VYX’s stock has fallen by -3.12% in the past week, with a monthly drop of -15.02% and a quarterly drop of -2.89%. The volatility ratio for the week is 8.68% while the volatility levels for the last 30 days are 4.37% for NCR Voyix Corp. The simple moving average for the past 20 days is -12.40% for VYX’s stock, with a -14.06% simple moving average for the past 200 days.
Analysts’ Opinion of VYX
Many brokerage firms have already submitted their reports for VYX stocks, with Stifel repeating the rating for VYX by listing it as a “Buy.” The predicted price for VYX in the upcoming period, according to Stifel is $16 based on the research report published on June 12, 2024 of the current year 2024.
Goldman, on the other hand, stated in their research note that they expect to see VYX reach a price target of $14. The rating they have provided for VYX stocks is “Neutral” according to the report published on March 18th, 2024.
Northcoast gave a rating of “Buy” to VYX, setting the target price at $17 in the report published on March 12th of the current year.
VYX Trading at -8.90% from the 50-Day Moving Average
After a stumble in the market that brought VYX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -36.29% of loss for the given period.
Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 8.68%, as shares sank -16.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.20% lower at present.
During the last 5 trading sessions, VYX fell by -3.12%, which changed the moving average for the period of 200-days by -20.07% in comparison to the 20-day moving average, which settled at $13.70. In addition, NCR Voyix Corp saw -28.39% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at VYX starting from Wilkinson David O., who purchase 10,000 shares at the price of $11.05 back on Aug 09 ’24. After this action, Wilkinson David O. now owns 247,592 shares of NCR Voyix Corp, valued at $110,500 using the latest closing price.
Webb-Walsh Brian J., the EVP & CFO of NCR Voyix Corp, purchase 10,000 shares at $11.51 during a trade that took place back on Aug 08 ’24, which means that Webb-Walsh Brian J. is holding 142,288 shares at $115,100 based on the most recent closing price.
Stock Fundamentals for VYX
Current profitability levels for the company are sitting at:
- 0.08 for the present operating margin
- 0.29 for the gross margin
The net margin for NCR Voyix Corp stands at -0.12. The total capital return value is set at 0.1. Equity return is now at value -48.69, with -6.13 for asset returns.
Based on NCR Voyix Corp (VYX), the company’s capital structure generated 0.93 points at debt to capital in total, while cash flow to debt ratio is standing at 0.07. The debt to equity ratio resting at 13.66. The interest coverage ratio of the stock is 2.91.
Currently, EBITDA for the company is 762.0 million with net debt to EBITDA at 3.52. When we switch over and look at the enterprise to sales, we see a ratio of 0.93. The receivables turnover for the company is 11.0for trailing twelve months and the total asset turnover is 0.99. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
In summary, NCR Voyix Corp (VYX) has had a bad performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
