NCR Corp. Hits New 52-Week High at $38.53 (NCR)
Shares of NCR Corp. (NYSE:NCR) hit a new 52-week high during trading on Tuesday, American Banking and Market News reports. The stock traded as high as $38.53 and last traded at $38.24, with a volume of 987,518 shares trading hands. The stock had previously closed at $37.50.
A number of analysts have recently weighed in on NCR shares. Analysts at RBC Capital raised their price target on shares of NCR Corp. (NYSE:NCR) from $36.00 to $44.00 in a research note to investors on Friday, August 16th. They now have an “outperform” rating on the stock. Separately, analysts at Zacks reiterated a “neutral” rating on shares of NCR Corp. (NYSE:NCR) in a research note to investors on Friday, August 2nd. They now have a $38.00 price target on the stock. Finally, analysts at Compass Point raised their price target on shares of NCR Corp. (NYSE:NCR) from $36.00 to $44.00 in a research note to investors on Thursday, August 1st. They now have a “buy” rating on the stock.
Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $38.56.
NCR Corp. has a 52 week low of $20.92 and a 52 week high of $37.74. The stock’s 50-day moving average is $36.23 and its 200-day moving average is $31.62. The company has a market cap of $6.363 billion and a P/E ratio of 44.64.
NCR Corp. (NYSE:NCR) last issued its quarterly earnings data on Tuesday, July 30th. The company reported $0.68 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.02. The company had revenue of $1.54 billion for the quarter, compared to the consensus estimate of $1.54 billion. During the same quarter in the prior year, the company posted $0.65 earnings per share. The company’s quarterly revenue was up 8.9% on a year-over-year basis. Analysts expect that NCR Corp. will post $2.75 EPS for the current fiscal year.
NCR Corporation (NYSE:NCR) is a technology company, which provides products and services, which enable businesses to connect, interact and transact with their customers and enhance their customer relationships by addressing consumer demand for convenience, value and individual service.
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