NCR Voyix Corp [NYSE: VYX] stock went on an upward path that rose over 3.95% on Tuesday, amounting to a one-week price decrease of less than -8.47%.
Over the last 12 months, VYX stock dropped by -26.08%. The one-year NCR Voyix Corp stock forecast points to a potential upside of 32.03. The average equity rating for VYX stock is currently 1.64, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $1.50 billion, with 142.10 million shares outstanding and 134.17 million shares in the current float. Compared to the average trading volume of 1.49M shares, VYX stock reached a trading volume of 6872706 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on NCR Voyix Corp [VYX]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VYX shares is $15.89 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VYX stock is a recommendation set at 1.64. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for NCR Voyix Corp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 14, 2024. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on June 12, 2024, representing the official price target for NCR Voyix Corp stock. Previously, the target price had yet another raise to $14, while Goldman analysts kept a Neutral rating on VYX stock.
The Average True Range (ATR) for NCR Voyix Corp is set at 0.53, with the Price to Sales ratio for VYX stock in the period of the last 12 months amounting to 0.48. The Price to Book ratio for the last quarter was 1.64, with the Price to Cash per share for the same quarter was set at 5.44.
VYX Stock Performance Analysis:
NCR Voyix Corp [VYX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -8.47. With this latest performance, VYX shares dropped by -12.12% in over the last four-week period, additionally sinking by -21.63% over the last 6 months – not to mention a drop of -26.08% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VYX stock in for the last two-week period is set at 30.63, with the RSI for the last a single of trading hit 29.11, and the three-weeks RSI is set at 32.66 for NCR Voyix Corp [VYX]. The present Moving Average for the last 50 days of trading for this stock 12.77, while it was recorded at 11.14 for the last single week of trading, and 13.28 for the last 200 days.
Insight into NCR Voyix Corp Fundamentals:
NCR Voyix Corp’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.03 and a Current Ratio set at 1.18.
NCR Voyix Corp [VYX] Institutonal Ownership Details
The top three institutional holders of VYX stocks are: BLACKROCK INC. with ownership of 22.03 million shares, which is approximately 15.1946%. VANGUARD GROUP INC, holding 18.86 million shares of the stock with an approximate value of $$232.91 million in VYX stocks shares; and VANGUARD GROUP INC, currently with $$81.03 million in VYX stock with ownership which is approximately 4.5248%.
