NCR Corp. (NCR) Posts Quarterly Results
NCR Corp. (NYSE:NCR) issued its quarterly earnings data on Thursday. The company reported $0.83 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.80 by $0.03, American Banking News reports. The company had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.78 billion.
NCR Corp. (NYSE:NCR) traded up 3.00% on Thursday, hitting $34.98. 2,798,748 shares of the company’s stock traded hands. NCR Corp. has a 52 week low of $25.64 and a 52 week high of $41.63. The stock has a 50-day moving average of $34.88 and a 200-day moving average of $36.38. The company has a market cap of $5.821 billion and a price-to-earnings ratio of 37.52.
A number of research firms have recently commented on NCR. Analysts at Northcoast Research downgraded shares of NCR Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, January 23rd. On a related note, analysts at JPMorgan Chase & Co. initiated coverage on shares of NCR Corp. in a research note to investors on Monday, January 13th. They set a “focus list” rating on the stock. Finally, analysts at Compass Point raised their price target on shares of NCR Corp. from $40.00 to $50.00 in a research note to investors on Tuesday, January 7th. They now have a “focus list” rating on the stock. Four investment analysts have rated the stock with a hold rating, three have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. NCR Corp. currently has an average rating of “Buy” and an average price target of $39.86.
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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