Opinion

NCR Corporation (NYSE:NCR) Assigned A Consensus Outperform Rating

NCR Corporation (NYSE:NCR) stock is presently standing at about $43.29 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 5 analysts covering the company is $47.00, which suggests the stock could still rise over 8 percent. The highest analyst price target is $52.00, which implies a rally of 80 percent. And a quick view of analyst notes show that 2 are rating the stock a buy while 1 rate NCR a strong buy. There are 3 equity research firms advocating a Hold and 0 consider it Sell.

Northcoast analysts provided their view on NCR Corporation (NYSE:NCR) recently. The rating firm issued a Buy rating to this company in a research note released on Jan 25, 2016. Compass Point analysts disclosed their opinion on NCR Corporation (NYSE:NCR) recently. The rating firm gave a Buy rating to this stock in a research note published on Dec 03, 2013. According to a research note disclosed on Oct 25, 2013, analysts at Compass Point have lowered their rating on these shares from Buy to Neutral.

NCR Corporation (NYSE:NCR) Transactions Roundup

Several insiders were part of recent insider activity for the stock. Its EVP, Global Services Marquardt Frederick sold 5,852 company shares for 287100, in a transaction on 2017-02-27. Following the transaction, the EVP, Global Services is left with a stake of 76,184 shares, currently valued at $3298005. Meanwhile, EVP, Software Langenbahn Paul sold 1,295 shares worth $61800, through a transaction dated 2017-02-24. Following the completion of the transaction, the insider is left with a stake of 24,980 shares, amounting $1081384.2. NCR EVP, Global Services Marquardt Frederick also sold 2,788 shares, at a stock price of $47.72. This transaction occurred on 2017-02-24 totals $133040. After this transaction, the insider’s stake stands at 84,966 shares, with a market value of $3678178.

Executives hold 1.98 percent of the stock. Linda Fayne Levinson is one of the biggest insider owners in NCR Corporation (NYSE:NCR), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 130,443 shares which have current market value of around $5646877.47.Mr. Peter A. Dorsman is another major inside shareholder in the company. The insider owns 106,931 shares as of less than 0.1%, currently worth $4629042.99. Mr. Mark V. Hurd is ranked as third insider holder of the stock. This insider holds 100,665 shares with a market value around $4357787.85 as of recent close.

NCR Corporation (NYSE:NCR) Earnings Outlook

In NCR Corporation (NYSE:NCR)’s latest quarter, EPS moved to $1.07 from $0.87 in preceding quarter and revenues reached at $1,802.00M compared to $1,677.00M. Analysts had expected NCR Corporation (NYSE:NCR) to post net income of about $1.04 per share on $1,742.00M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.45 to $0.47. That is compared with the $0.38 in EPS it reported during the same period a year ago.

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