Stock Rating Upgrade
During the last several trading days the Value Trend Rating for NCR Corp (NYSE: NCR) improved from D to C reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
On 3/1/24, NCR Corp (NYSE: NCR) stock suffered a major decline of -21.5%, closing at $11.47. Moreover, trading volume in this decline was exceptionally high at 521% of normal. Relative to the market the stock has been extremely weak over the last nine months and has declined -21.6% during the last week.
Current PriceTarget Research Rating
NCR is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
NCR has a current Value Trend Rating of C (Low Neutral). This VT Rating improved in recent days from D previously. This rating combines very contradictory signals from two proprietary PTR measures of a stock's attractiveness. NCR has a very high Appreciation Score of 90 but a very low Power Rating of 4, with the Low Neutral Value Trend Rating the result.