Stock Rating Upgrade
During the last several trading days the Value Trend Rating for NCR Corp (NYSE: VYX) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
NCR Corp (NYSE: VYX) stock closed at $12.84 on 10/25/24 after a slight decline of -0.5%. However, unusually low trading volume at 56% of normal accompanied the decline. The stock has declined -3.2% during the last week and has performed in line with 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). This VT Rating improved in recent days from D previously. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing contradictory signals. NCR has a slightly positive Appreciation Score of 62 but a slightly negative Power Rating of 35, and the Low Neutral Value Trend Rating results.
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