The stock of NCR Corporation (NYSE:NCR) decreased by -$0.59 on Friday to finish at $29.72, down -1.95 percent. The last five days have seen an average of 923,620 shares of common stock traded. 25 times new highs were reached in the current year, with a gain of $6.31. The average number of shares traded over the last 20 days was 1,133,525, while the average volume over the last 50 days totaled 1,099,912.
NCR stock appreciated 10.24% since last month. On 08/02/23, the company’s shares reached a one-month low of $25.50. The stock touched a high of $34.24 on 08/25/23, after rallying from a low of $18.06 in 52 weeks. The price of NCR stock has risen by 26.95% or $6.31 this year, reaching a new high 25 times. Still, the stock price is down -13.20% from the 52-week high.
Insider Transactions
NCR stock investors should be aware that NCR Corporation (NCR) stock had its last reported insider trading activity 290 days ago on Nov 11. On Nov 11, Director Welling Glenn W. acquired 255,309 shares at $22.96 each. This transaction resulted in the insider spending $5,861,291. On Nov 10, Welling Glenn W. added 287,808 shares at a price of US$22.02. After the transaction, the insider now owns 2,683,288 shares. Director Welling Glenn W. had earlier bought 256,883 shares on Nov 09 for $20.64 a share. The transaction was completed for $5,302,177.
Valuation Metrics
NCR Corporation (NCR) has a trailing price-to-earnings (P/E) ratio of 55.97. Beta for the stock is 1.60. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.54, the price-to-book (PB) ratio of 2.68, and the price-to-cash flow ratio of 9.71.
Financial Health
For the three months ended June 29, NCR Corporation’s quick ratio was 0.80, while its current ratio was 1.10, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 3.42, and the total debt to equity ratio is 3.49. As far as profitability goes, gross margin for the trailing twelve months is 25.20% percent. NCR Corporation’s EBITDA margin for the year ended June 29 was 15.92%, whereas its operating margin stood at 7.80% for the same period. Based on annual data, it had gross profit of $1.86 billion and revenue of $7.84 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. NCR’s return on assets (ROA) during the last 12 months has been 0.60%. There was a 4.80% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 4.40%.
Earnings Surprise
According to NCR Corporation’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $1.99 billion, while revenues fell by -0.55% to $1.89 billion. It was predicted that NCR Corporation’s quarterly earnings would be $0.94, but it ended up being $0.67, beating the consensus by 40.30%. EBITDA was $303.0 million for the quarter. At the end of NCR Corporation’s most recent quarter ended June 29, its liabilities totaled 9.72 billion, while its total debt was $5.77 billion. Equity owned by shareholders amounts to $140.9 million.
Technical Picture
Here’s a quick look at NCR Corporation’s (NCR) price momentum from a technical perspective. As of 25 August, the RSI 9-day stood at 59.49%, suggesting the stock is Neutral, with a 22.45% historical volatility rate.
The stochastic %K and %D were 83.08% and 88.20% respectively, while the average true range (ATR) was 0.74. Based on the 14-day stochastic reading of 62.90%, the RSI (14) reading is 61.80%. On the 9-day MACD Oscillator, the stock is at 0.36, and the 14-day reading is at 0.56.
Analyst Ratings
NCR Corporation (NYSE: NCR) was downgraded by Morgan Stanley to a an Equal-weight rating in its latest research report. The stock was previously rated as a an Overweight.
