NCR Corporation (NCR) Receiving Somewhat Positive Media Coverage, Report Finds
Media stories about NCR Corporation (NYSE:NCR) have trended somewhat positive on Saturday, AlphaOne Sentiment reports. The research group, a unit of Accern, identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. NCR Corporation earned a media sentiment score of 0.01 on AlphaOne’s scale. AlphaOne also gave press coverage about the information technology services provider an impact score of 93 out of 100, indicating that recent media coverage is extremely likely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Alpha One’s scoring:
- NCR leads the world in self-checkout according to research by RBR (eprretailnews.com)
- ATM Market Is Expected to Reach $21.9 Billion Globally, by 2020 (sbwire.com)
- Global self service machines market analysis and forecast to 2022 illuminated by new report (whatech.com)
- Were Analysts Bullish Anheuser Busch Inbev NV (ADR) (NYSE:BUD) This Week? (ismboard.com)
- Anheuser-Busch Inbev SA (NYSE:BUD) Reviewed By Analysts (campdesrecrues.com)
Several brokerages recently issued reports on NCR. Benchmark Co. began coverage on shares of NCR Corporation in a research report on Thursday, April 13th. They issued a “buy” rating and a $55.00 target price for the company. Citigroup Inc. upgraded shares of NCR Corporation to an “outperform” rating and set a $51.00 target price for the company in a research report on Thursday, March 16th. Zacks Investment Research upgraded shares of NCR Corporation from a “hold” rating to a “buy” rating and set a $45.00 target price for the company in a research report on Tuesday, June 6th. CIBC upgraded shares of NCR Corporation from a “market perform” rating to an “outperform” rating in a research report on Thursday, March 16th. Finally, Royal Bank Of Canada restated a “buy” rating on shares of NCR Corporation in a research report on Tuesday, March 14th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and a consensus target price of $46.29.
NCR Corporation (NYSE:NCR) traded up 1.32% during mid-day trading on Friday, reaching $39.77. 1,537,699 shares of the company’s stock traded hands. NCR Corporation has a one year low of $25.20 and a one year high of $49.90. The firm has a market cap of $4.82 billion, a price-to-earnings ratio of 27.83 and a beta of 1.91. The firm’s 50-day moving average price is $40.72 and its 200 day moving average price is $42.82.
NCR Corporation (NYSE:NCR) last posted its earnings results on Thursday, April 20th. The information technology services provider reported $0.56 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.10. NCR Corporation had a net margin of 4.49% and a return on equity of 88.93%. The firm had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.46 billion. During the same period in the previous year, the firm posted $0.38 EPS. The business’s quarterly revenue was up 2.4% on a year-over-year basis. On average, equities analysts forecast that NCR Corporation will post $3.37 EPS for the current year.
In other news, EVP J. Robert Ciminera sold 3,086 shares of the business’s stock in a transaction dated Tuesday, May 2nd. The shares were sold at an average price of $42.48, for a total value of $131,093.28. Following the sale, the executive vice president now directly owns 9,888 shares in the company, valued at approximately $420,042.24. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 1.00% of the company’s stock.
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NCR Corporation Company Profile
NCR Corporation is a provider of Omni-channel technology solutions that enable businesses connect, interact and transact with their customers. The Company operates through three segments: Software, Services and Hardware. It sells a portfolio of hardware, software and services that combine to provide businesses with solutions.
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