For NCR Voyix Corp [VYX], Analyst sees a rise to $14. What next?

NCR Voyix Corp [NYSE: VYX] gained 16.11% or 1.41 points to close at $10.16 with a heavy trading volume of 5106808 shares.

The daily chart for VYX points out that the company has recorded -22.26% loss over the past six months.

If we look at the average trading volume of 2.12M shares, VYX reached to a volume of 5106808 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about 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 $13.89 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 1.40. 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 0.47, with the Price to Sales ratio for VYX stock in the period of the last 12 months amounting to 0.45. The Price to Book ratio for the last quarter was 1.55, with the Price to Cash per share for the same quarter was set at 5.46.

Trading performance analysis for VYX stock

NCR Voyix Corp [VYX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 14.16. With this latest performance, VYX shares gained by 30.09% in over the last four-week period, additionally sinking by -22.26% over the last 6 months – not to mention a drop of -18.59% 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 67.02, with the RSI for the last a single of trading hit 78.13, and the three-weeks RSI is set at 59.19 for NCR Voyix Corp [VYX]. The present Moving Average for the last 50 days of trading for this stock 9.37, while it was recorded at 9.05 for the last single week of trading, and 12.35 for the last 200 days.

NCR Voyix Corp [VYX]: A deeper dive into fundamental analysis

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.

An analysis of Institutional ownership at NCR Voyix Corp [VYX]

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%.