Let’s look at the key reasons that are pushing NCR Voyix Corp (VYX) to new highs

On Tuesday, NCR Voyix Corp (NYSE: VYX) was -0.52% drop from the session before settling in for the closing price of $13.45. A 52-week range for VYX has been $10.87 – $19.01.

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Over the past five-year period, the drop rate of yearbook sales for the company of the Technology sector was -6.60%. When this article was written, the company’s average yearly earnings per share was at 173.04%. With a float of $140.10 million, this company’s outstanding shares have now reached $142.60 million.

Considering the fact that the conglomerate employs 15500 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 29.31%, operating margin of 7.59%, and the pretax margin is -5.17%.

NCR Voyix Corp (VYX) Breakdown of a Key Holders of the stock

Also, it is sometimes useful to examine the sentiment of large-scale investors toward NCR Voyix Corp stocks. The insider ownership of NCR Voyix Corp is 3.63%, while institutional ownership is 106.61%. The most recent insider transaction that took place on Aug 13 ’24, was worth 264,425. In this transaction EVP & President, Retail of this company bought 21,692 shares at a rate of $12.19, taking the stock ownership to the 101,671 shares. Before that another transaction happened on Aug 08 ’24, when Company’s EVP & CFO bought 10,000 for $11.51, making the entire transaction worth $115,100. This insider now owns 142,288 shares in total.

NCR Voyix Corp (VYX) Recent Fiscal highlights

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.95 earnings per share (EPS) during the time that was less than consensus figure (set at 0.97) by -0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.05 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 173.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.00% during the next five years compared to -21.96% drop over the previous five years of trading.

NCR Voyix Corp (NYSE: VYX) Trading Performance Indicators

You can see what NCR Voyix Corp (VYX) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.67. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.41. Likewise, its price to free cash flow for the trailing twelve months is 20.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -4.00, a number that is poised to hit 0.27 in the next quarter and is forecasted to reach 0.60 in one year’s time.

Technical Analysis of NCR Voyix Corp (VYX)

Compared to the last year’s volume of 2.38 million, its volume of 0.95 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 92.37%. Additionally, its Average True Range was 0.49.

During the past 100 days, NCR Voyix Corp’s (VYX) raw stochastic average was set at 57.70%, which indicates a significant decrease from 94.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 42.56% in the past 14 days, which was higher than the 39.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $13.27, while its 200-day Moving Average is $13.92. Nevertheless, the first resistance level for the watch stands at $13.50 in the near term. At $13.62, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.74. If the price goes on to break the first support level at $13.26, it is likely to go to the next support level at $13.14. Now, if the price goes above the second support level, the third support stands at $13.02.

NCR Voyix Corp (NYSE: VYX) Key Stats

There are 145,015K outstanding shares of the company, which has a market capitalization of 1.95 billion. As of now, sales total 3,830 M while income totals -423,000 K. Its latest quarter income was 876,000 K while its last quarter net income were -73,000 K.