NCR Corp (NYSE: NCR) has reported a loss for its first fiscal quarter (ending March 31) of $-0.31 versus a loss $-0.50 for the same period a year ago. Relative to the consensus estimate of $0.08, this was a shortfall of $-0.39. For the latest four quarters through March 31, E.P.S. were $-4.08 compared to $0.12 a year ago — a decline of -3500%.
Recent Price Action
NCR Corp (NYSE: NCR) stock closed at $12.17 on 5/9/24 after a decline of -3.6%. Moreover, this decline was accompanied by exceptionally high trading volume at 204% of normal. The stock is unchanged during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, NCR is expected to continue to be a major Value Builder.
NCR has a current Value Trend Rating of C (Low Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. NCR has a very high Appreciation Score of 95 but a very low Power Rating of 1, and the Low Neutral Value Trend Rating results.
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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