Stock Rating Downgrade
Reflecting eroding fundamentals and low Appreciation Potential, the Value Trend Rating for NCR Corp (NYSE: NCR) weakened of late. NCR’s current Value Trend Rating is D and the prior Rating was C. Details supporting this lower rating are included in our next report.
Recent Price Action
On 3/18/24, NCR Corp (NYSE: NCR) stock increased 1.8%, closing at $12.56. Moreover, this advance was accompanied by above average trading volume at 136% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 3.0% during the last week.
Current PriceTarget Research Rating
NCR’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
NCR has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NCR has a very high Appreciation Score of 87 but a very low Power Rating of 2, leading to the Negative Value Trend Rating.
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