Wall Street analysts expect that NCR Co. (NYSE:NCR) will post sales of $1.74 billion for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for NCR’s earnings, with estimates ranging from $1.73 billion to $1.76 billion. NCR reported sales of $1.80 billion in the same quarter last year, which indicates a negative year over year growth rate of 3.3%. The business is expected to report its next earnings results on Thursday, February 8th.

On average, analysts expect that NCR will report full-year sales of $1.74 billion for the current year, with estimates ranging from $6.47 billion to $6.49 billion. For the next financial year, analysts anticipate that the business will report sales of $6.62 billion per share, with estimates ranging from $6.57 billion to $6.71 billion. Zacks’ sales averages are a mean average based on a survey of sell-side analysts that cover NCR.

NCR (NYSE:NCR) last announced its quarterly earnings results on Thursday, October 19th. The information technology services provider reported $0.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.90 by $0.03. NCR had a net margin of 5.11% and a return on equity of 84.72%. The company had revenue of $1.66 billion for the quarter, compared to analyst estimates of $1.68 billion. During the same period in the previous year, the firm posted $0.87 EPS. The firm’s revenue was down .8% on a year-over-year basis.

A number of research analysts recently issued reports on NCR shares. Zacks Investment Research downgraded shares of NCR from a “hold” rating to a “strong sell” rating in a research report on Monday, October 23rd. Royal Bank of Canada restated an “average” rating and set a $44.00 price objective on shares of NCR in a report on Friday, October 20th. They noted that the move was a valuation call. Morgan Stanley lowered their price objective on shares of NCR from $43.00 to $39.00 and set an “equal weight” rating on the stock in a report on Friday, October 20th. JPMorgan Chase & Co. set a $45.00 price objective on shares of NCR and gave the stock a “buy” rating in a report on Saturday, October 21st. Finally, ValuEngine upgraded shares of NCR from a “hold” rating to a “buy” rating in a report on Friday, December 1st. One analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $47.57.

NCR (NYSE NCR) opened at $34.50 on Friday. The stock has a market cap of $4,200.00, a P/E ratio of 23.63 and a beta of 1.82. NCR has a 1 year low of $29.20 and a 1 year high of $49.90. The company has a debt-to-equity ratio of 3.86, a current ratio of 1.42 and a quick ratio of 1.01.

Institutional investors and hedge funds have recently bought and sold shares of the stock. FNY Managed Accounts LLC bought a new position in NCR during the second quarter valued at about $571,000. Aperio Group LLC grew its position in NCR by 10.0% during the third quarter. Aperio Group LLC now owns 42,660 shares of the information technology services provider’s stock valued at $1,601,000 after buying an additional 3,864 shares during the period. Royal Bank of Canada grew its position in NCR by 124.0% during the second quarter. Royal Bank of Canada now owns 96,739 shares of the information technology services provider’s stock valued at $3,951,000 after buying an additional 53,547 shares during the period. Nationwide Fund Advisors lifted its holdings in NCR by 9.9% during the second quarter. Nationwide Fund Advisors now owns 776,619 shares of the information technology services provider’s stock valued at $31,717,000 after purchasing an additional 69,694 shares during the last quarter. Finally, Systematic Financial Management LP lifted its holdings in NCR by 20.9% during the second quarter. Systematic Financial Management LP now owns 43,550 shares of the information technology services provider’s stock valued at $1,779,000 after purchasing an additional 7,525 shares during the last quarter. Institutional investors own 90.38% of the company’s stock.

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About NCR

NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.

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