Alert: New Earnings Report (11/9/23)-NCR Corp (NYSE: NCR).

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NCR Corp (NYSE: NCR) has reported a loss for its third fiscal quarter (ending September 30) of $-0.91 versus $0.47 for the same period a year ago — a decline of -294%. E.P.S. were $-0.84 for the latest four quarters through September 30 versus $0.88 for the same period a year ago — a decline of -195%.

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Recent Price Action

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On 11/9/23, NCR Corp (NYSE: NCR) stock declined by -1.8%, closing at $16.14. Relative to the market the stock has been strong over the last nine months and has risen 3.6% during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be in line with the cost of capital, NCR is expected to be Value Creation neutral.

NCR has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. NCR has a neutral Appreciation Score of 45 and a slightly positive Power Rating of 63, producing the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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