For its second fiscal quarter (ending June 30), NCR Corp (NYSE: NCR) has reported E.P.S. of $-0.54 compared to $-0.39 a year ago. This result fell short of the consensus estimate of $0.17 by $-0.70. For the latest four quarters through June 30, E.P.S. were $-4.29 versus $-0.55 for the same period a year ago.
Recent Price Action
On 8/6/24, NCR Corp (NYSE: NCR) stock suffered a large decline of -6.4%, closing at $11.70. Moreover, exceptionally high trading volume at 320% of normal accompanied the decline. The stock has been weak relative to the market over the last nine months and has declined -21.5% during the last week.
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 (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 96 but a poor Power Rating of 18, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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