Somewhat Favorable Press Coverage Somewhat Unlikely to Impact NCR Corporation (NCR) Share Price

Press coverage about NCR Corporation (NYSE:NCR) has trended somewhat positive on Sunday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. NCR Corporation earned a daily sentiment score of 0.19 on Accern’s scale. Accern also gave media coverage about the information technology services provider an impact score of 45.9696214735216 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.

These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:

NCR Corporation (NYSE:NCR) opened at 36.28 on Friday. The company has a market capitalization of $4.41 billion, a price-to-earnings ratio of 22.35 and a beta of 1.91. NCR Corporation has a 52-week low of $29.83 and a 52-week high of $49.90. The company’s 50 day moving average is $37.37 and its 200-day moving average is $41.44.

NCR Corporation (NYSE:NCR) last posted its earnings results on Thursday, July 20th. The information technology services provider reported $0.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.76 by $0.04. The business had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.61 billion. NCR Corporation had a net margin of 4.90% and a return on equity of 87.62%. The business’s revenue for the quarter was down 1.7% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.72 EPS. Equities analysts anticipate that NCR Corporation will post $3.37 EPS for the current fiscal year.

A number of research analysts have weighed in on NCR shares. Zacks Investment Research lowered shares of NCR Corporation from a “buy” rating to a “hold” rating in a research note on Monday, June 5th. Royal Bank Of Canada reaffirmed a “buy” rating on shares of NCR Corporation in a research note on Sunday, July 16th. Compass Point started coverage on shares of NCR Corporation in a research note on Tuesday, July 18th. They issued a “buy” rating and a $48.00 price objective on the stock. Benchmark Co. reaffirmed a “buy” rating and issued a $55.00 price objective on shares of NCR Corporation in a research note on Friday, July 21st. Finally, BidaskClub lowered shares of NCR Corporation from a “sell” rating to a “strong sell” rating in a research note on Saturday, August 5th. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. The stock presently has an average rating of “Buy” and an average target price of $47.29.

TRADEMARK VIOLATION NOTICE: “Somewhat Favorable Press Coverage Somewhat Unlikely to Impact NCR Corporation (NCR) Share Price” was published by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this report on another domain, it was copied illegally and republished in violation of U.S. and international copyright law. The correct version of this report can be accessed at https://stocknewstimes.com/2017/09/03/somewhat-favorable-press-coverage-somewhat-unlikely-to-impact-ncr-corporation-ncr-share-price.html.

About NCR Corporation

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.

Insider Buying and Selling by Quarter for NCR Corporation (NYSE:NCR)

Receive News & Ratings for NCR Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCR Corporation and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply