Alert: New Earnings Report (2/29/24)-NCR Corp (NYSE: NCR).

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NCR Corp (NYSE: NCR) has reported a loss for its fourth fiscal quarter (ending December 31) of $-4.27 versus a loss $-0.08 for the same period a year ago. Relative to the consensus estimate of $0.62, this was a shortfall of $-4.89. For the latest four quarters through December 31, E.P.S. were $-4.27 compared to $0.35 a year ago — a decline of -1320%.

Recent Price Action

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NCR Corp (NYSE: NCR) stock enjoyed a large increase of 2.1% on 2/29/24. The stock closed at $14.61. Moreover, this advance was accompanied by unusually high trading volume at 160% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -2.3% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to exceed the cost of capital, NCR is expected to continue to be an important Value Builder.

NCR has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. NCR has a good Appreciation Score of 82 but a very low Power Rating of 6, and the Low Neutral Value Trend Rating results.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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