NCR Receives Consensus Rating of “Buy” from Analysts (NYSE:NCR)
Shares of NCR (NYSE:NCR) have earned a consensus recommendation of “Buy” from the nine analysts that are currently covering the company, Analyst Ratings News reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $41.00.
Shares of NCR (NYSE:NCR) opened at 33.75 on Friday. NCR has a one year low of $28.64 and a one year high of $41.63. The stock has a 50-day moving average of $32.39 and a 200-day moving average of $33.17. The company has a market cap of $5.673 billion and a price-to-earnings ratio of 13.11.
NCR (NYSE:NCR) last released its earnings data on Tuesday, July 29th. The company reported $0.68 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.66 by $0.02. The company had revenue of $1.66 billion for the quarter, compared to the consensus estimate of $1.67 billion. During the same quarter in the previous year, the company posted $0.68 earnings per share. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Analysts expect that NCR will post $3.00 EPS for the current fiscal year.
Several analysts have recently commented on the stock. Analysts at Wedbush cut their price target on shares of NCR from $32.00 to $31.00 in a research note on Wednesday, July 30th. Separately, analysts at Zacks reiterated a “neutral” rating on shares of NCR in a research note on Friday, July 25th. They now have a $34.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of NCR in a research note on Thursday, July 24th. They now have a $46.00 price target on the stock, up previously from $45.50.
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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