NCR (NYSE:NCR) Issues FY19 Earnings Guidance

NCR (NYSE:NCR) issued an update on its FY19 earnings guidance on Wednesday morning. The company provided EPS guidance of $2.75-2.85 for the period, compared to the Thomson Reuters consensus EPS estimate of $2.81. The company issued revenue guidance of $6.60-6.67 billion, compared to the consensus revenue estimate of $6.65 billion.NCR also updated its FY 2019 guidance to $2.75-2.85 EPS.

Shares of NCR stock opened at $32.55 on Friday. The company has a debt-to-equity ratio of 6.05, a quick ratio of 0.94 and a current ratio of 1.32. NCR has a 1 year low of $20.93 and a 1 year high of $35.08. The stock’s 50-day moving average is $31.74 and its two-hundred day moving average is $30.37. The firm has a market cap of $4.05 billion, a price-to-earnings ratio of 12.42, a PEG ratio of 3.00 and a beta of 1.60.

NCR (NYSE:NCR) last announced its quarterly earnings data on Tuesday, July 30th. The information technology services provider reported $0.76 EPS for the quarter, beating the Zacks’ consensus estimate of $0.66 by $0.10. The firm had revenue of $1.71 billion during the quarter, compared to the consensus estimate of $1.57 billion. NCR had a net margin of 2.47% and a return on equity of 86.80%. The firm’s revenue was up 11.3% compared to the same quarter last year. During the same quarter last year, the firm earned $0.65 earnings per share. As a group, research analysts predict that NCR will post 2.8 EPS for the current year.

Several brokerages recently issued reports on NCR. TheStreet upgraded NCR from a c rating to a b rating in a research report on Tuesday, July 30th. Morgan Stanley boosted their price objective on shares of NCR from $28.00 to $31.00 and gave the company an equal weight rating in a research note on Friday, July 26th. Benchmark set a $40.00 price objective on shares of NCR and gave the company a buy rating in a research note on Wednesday, July 31st. Zacks Investment Research cut shares of NCR from a hold rating to a sell rating and set a $34.00 price target for the company. in a research report on Wednesday, June 12th. Finally, ValuEngine upgraded shares of NCR from a hold rating to a buy rating in a report on Monday, July 29th. One analyst has rated the stock with a sell rating, three have given a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company’s stock. The stock currently has a consensus rating of Buy and a consensus target price of $36.00.

In related news, VP Paul Langenbahn sold 28,833 shares of the firm’s stock in a transaction on Thursday, September 5th. The shares were sold at an average price of $32.42, for a total value of $934,765.86. Following the transaction, the vice president now directly owns 86,925 shares in the company, valued at approximately $2,818,108.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP J. Robert Ciminera sold 16,888 shares of the firm’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $30.32, for a total transaction of $512,044.16. Following the completion of the transaction, the executive vice president now owns 33,278 shares in the company, valued at $1,008,988.96. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by corporate insiders.

NCR Company Profile

NCR Corporation provides software and services for the financial, retail, hospitality, telecommunications, and technology industries worldwide. The company's Software segment offers industry-based software platforms, applications, and application suites for the financial services, retail, hospitality, and small business industries; and cash management software, video banking software, fraud and loss prevention, check and document imaging, remote-deposit capture, and customer-facing mobile and digital banking applications for the financial services industry.

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Earnings History and Estimates for NCR (NYSE:NCR)

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