Ultime notizie per NCR Voyix (NYSE:VYX) Azioni

NCR Voyix

NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant, and digital banking. The company operates in three reportable segments: Retail, Restaurants, and Digital Banking. The Retail segment provides software solutions for retailers of all sizes, enhancing operational efficiency and customer experience. The Restaurants segment offers end-to-end technology solutions for food service establishments, improving operational efficiency, and customer satisfaction, and reducing costs. The Digital Banking segment serves financial institutions with cloud-based software solutions for a fully integrated digital banking experience across channels. Revenue sources include software sales and service support within each segment.

NCR Voyix Corp

Shares of Lyft Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LYFT#NASDAQ">LYFT</a>) were climbing in early trading on Thursday, after the company reported <a href="https://www.benzinga.com/news/24/11/41799780/why-lyft-shares-are-trading-higher-by-over-21-here-are-20-stocks-moving-premarket">upbeat third-quarter results</a>.
The company reported its results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
<ul>
<li>Cantor Fitzgerald <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/596f57cb35f48b00011db3ec/deepak-mathivanan">analyst Deepak Mathivanan</a> maintained a Neutral rating, while raising the price target from $13 to $16.</li>
<li>Roth Capital Partners <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5e3c22772d37ce00019ceb1f/rohit-kulkarni">analyst Rohit Kulkarni</a> reiterated a Neutral rating, while lifting the price target from $13 to $16.</li>
<li>Truist Securities <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58bd551cb85e930001592b02/youssef-squali">analyst Youssef Squali</a> reaffirmed a Hold rating, while raising the price target from $13 to $20.</li>
<li>Wedbush <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58459503ee7bf6000154d075/scott-devitt">analyst Scott Devitt</a> maintained a Neutral rating, while raising the price target to $20.</li>
<li>Piper Sandler <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5981fdcbc1f558000155e858/thomas-champion">analyst Thomas Champion</a> maintained an Overweight rating, while revising the price target higher from $17 to $23.</li>
<li>RBC Capital Markets <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ecd4830bd9910001845462/brad-erickson">analyst Brad Erickson</a> reiterated an Outperform rating and price target of $17.</li>
<li>Benchmark <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58d3cdb7b85e930001808a59/daniel-kurnos">analyst Daniel Kurnos</a> reaffirmed a hold rating on the stock.</li>
<li>Needham <a href="https://www.benzinga.com/analyst-stock-ratings/analyst/587635595064ed000140010c/scott-berg">analyst Bernie McTernan</a> maintained a Hold rating on the stock.</li>
</ul>
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
Cantor Fitzgerald: Lyft&#8217;s third-quarter bookings and EBITDA beat estimates by 1% and 14%, respectively, Mathivanan said in a note. The quarterly results should "re-inspire confidence" in the company's medium-term guidance, he added.
The company maintains &#8220;healthy marketplace operations with stable growth in the near term," the analyst stated. Management's fourth-quarter guidance reflects a modest 17% acceleration in bookings, with "healthy incremental margins" of around 6%, which came in "better than feared" after rival Uber Technologies Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>) guided to "some deceleration in Rides bookings growth," he further wrote.
Roth Capital Partners: "Lyft is serving ads in 90% of rides and mgmt. noted that those ads are providing 7x the impact in brand perception and purchase intent and 10x click through vs. average ad performance," Kulkarni wrote in a note. Management expressed confidence in the partnership with DoorDash Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DASH#NASDAQ">DASH</a>) driving "greater demand based on low customer overlap," he added.
Lyft's third-quarter bookings results and fourth-quarter bookings guidance were both above expectations, the analyst stated. The company is "on track or ahead" of its three-year outlook for bookings, free cash flows, and margins, provided in June, he further said.
Truist Securities: Lyft's better-than-expected third-quarter results and fourth-quarter guide reflect "improving fundamentals," Squali said. "The company attributed the outperformance to strong demand, as pricing was largely in line with its internal expectations," he wrote.
Lyft guided to fourth-quarter gross bookings of $4.28-$4.35 billion, versus consensus of $4.23 billion, reflecting the recent partnership with DoorDash and the renewal of its 3P insurance agreements, the analyst stated. Management's strategy of improving customer experience, <a>product innovation </a>and pricing were "starting to bear fruit, driving active riders &amp; rider frequency growth," he added.
Wedbush: Lyft's third-quarter gross bookings grew by 15.6% year-on-year to $4.11 billion, beating consensus of 14.9% growth and management&#8217;s guidance range of $4.0-$4.1 billion, Devitt said. Total revenue of $1.5 billion represented 31.5% growth and outperformed expectations by around 6%, while adjusted EBITDA came in around $13 million higher than the Street's estimate, he added. 
"We are encouraged by positive commentary in the quarter suggesting healthy progress along product initiatives and new partnerships," the analyst wrote.&nbsp;"That said, we continue to view management&#8217;s longer-term targets with some skepticism, and we remain sidelined as we wait for clear evidence of a more sustainable growth trajectory for the business," he further stated.
Piper Sandler: Lyft reported "strong" quarterly results and raised its full-year guidance, Champion said. "LYFT has not noted weakness from a US consumer and product improvements are helping drive costs lower," he wrote.
The company continues to expand in Canada and the DoorDash partnership "sounds like it could be material," the analyst stated. "FCF conversion was again strong (although partially due to one-time benefits) and ride frequency improved again sequentially," he added.
RBC Capital Markets: The company's quarterly beat on bookings was driven by "upside from rides while active riders were in line with Street," Erickson said. Higher-than-expected take rates led to the revenue upside, he added.
Higher revenues and "better contribution profit flow-through" helped the company post "a big EBITDA beat," the analyst stated. "For its Q4 guidance, the company guided bookings slightly ahead of Street and EBITDA meaningfully ahead of Street," he further wrote.
Benchmark: Lyft delivered "a much more positive conversion and frequency commentary for their ride-share business" than bigger rival Uber, despite elevated insurance costs, Kurnos said.
"Lyft deserves credit for getting more aggressive with things like reduced surge pricing and being able to focus on specific enhancements and custom use cases, with an added benefit of having more low-hanging fruit in Canada to bolster results," the analyst wrote.
Needham: The midpoint of Lyft's fourth-quarter guidance for adjusted EBITDA and bookings was around 30% and 4% above expectations, respectively, McTernan said. "This implies gross margins over 40% for the quarter, better than anticipated and an outcome for insurance renewals better than we feared," he added.
The company launched 33 new products and features on its platform this year, which helped driver hours reach a record high in the third quarter, driver growth to outpace business growth, driver preference to be 12% higher than that of Uber and significant frequency gains during the commute hours "which make up nearly half of Monday to Friday rides," the analyst stated.
Price Action: Shares of Lyft had risen by 23.44% to $17.78 at the time of publication on Thursday.
Read More: 
<ul>
<li><a href="https://www.benzinga.com/news/24/11/41798436/lyft-teams-up-with-intels-mobileye-may-mobility-for-robotaxi-services-as-tesla-gears-up-to-enter-aut">Lyft Teams Up With Intel&#8217;s Mobileye, May Mobility For Robotaxi Services As Tesla Gears Up To Enter Autonomous Riding Hailing Market</a></li>
</ul>
Image: Shutterstock

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Lyft's Bookings Guidance Bests Uber, Analyst Says: 'Better Than Feared'

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Walker & Dunlop shares are trading lower after the company reported worse-than-expected Q3 revenue results.

APA shares are trading lower after the company reported worse-than-expected Q3 adjusted EPS results.

Rockwell Automation, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ROK#NYSE">ROK</a>) shares are trading lower after the company <a target="_blank" href="https://www.benzinga.com/pressreleases/24/11/b41802368/rockwell-automation-reports-fourth-quarter-and-full-year-2024-results-introduces-fiscal-2025-guida" rel="noreferrer noopener">reported&nbsp;fourth-quarter results</a>.
Sales fell&nbsp;21%&nbsp;year over year (on a reported and organic basis) to&nbsp;$2.036&nbsp;billion, missing the consensus of&nbsp;$2.065 billion.
Segment Details: Intelligent Devices sales declined&nbsp;19%&nbsp;to&nbsp;$946&nbsp;million, Software &amp; Control fell&nbsp;39% to&nbsp;$502&nbsp;million, and Lifecycle Services increased&nbsp;3%&nbsp;to&nbsp;$588&nbsp;million.
Total ARR grew&nbsp;16%, and organic ARR rose&nbsp;14%&nbsp;in the quarter.&nbsp;Adjusted&nbsp;EPS was&nbsp;$2.47,&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">beating the analyst consensus of&nbsp;$2.41.</a>
Total segment operating earnings were&nbsp;$409&nbsp;million, down&nbsp;28%, with a segment operating margin of 20.1%&nbsp;compared to&nbsp;22.3% a year ago. The decrease in segment operating margin was mainly due to lower sales volume and an unfavorable mix.
The company held $471.0 million in cash and equivalents as of year-end. In the fourth quarter, the company bought back around 0.5 million shares for $118.0 million. As of September, the company had $1.3 billion worth of shares remaining available under the existing share repurchase authorization.
FY25&nbsp;Outlook: Rockwell expects adjusted EPS of $8.60 &#8211; $9.80&nbsp;(vs.&nbsp;$9.67 estimate), with reported and organic sales <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">growth&nbsp;guidance&nbsp;of (4)% to 2%</a>.
Blake Moret, Chairman and&nbsp;CEO,&nbsp;said, &#8220;Orders for the quarter came in lower than expected, reflecting continued softness in many of our end markets. Operating performance was solid, with good sales conversion, margin, and EPS. The performance of our Lifecycle Services segment stands out, with its higher exposure to process end markets, growth in digital services, and continued margin expansion.&#8221;
&#8220;Given the uncertainty in the current macroeconomic environment and the typical seasonality in our longer cycle business, we are expecting our fiscal Q1 sales to be down from Q4 levels, followed by a gradual sequential improvement through the year.&#8221;
Investors can gain exposure to the stock via&nbsp;Tema ETF Trust Tema American Reshoring ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RSHO#NYSE">RSHO</a>) and ProShares S&amp;P Kensho Smart Factories ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MAKX#NYSE">MAKX</a>).
Price Action: ROK shares are down 4.52% at $280.73 at the last check Thursday.
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<a href="https://www.semafor.com/article/11/07/2024/commercial-space-exploration-may-be-about-to-get-a-serious-boostv">https://www.semafor.com/article/11/07/2024/commercial-space-exploration-may-be-about-to-get-a-serious-boostv</a>
Among the industries set to gain most from the reelection of Donald Trump as US president, commercial space may be on the cusp of a new era of innovation.
In his first term, Trump made "<a href="https://spacepolicyonline.com/news/what-will-a-second-trump-term-mean-for-space-policy/">pretty dramatic</a>" space policy moves: He created the US Armed Forces' Space Force; he reestablished Space Command to take charge of military operations in space; and he helped kickstart NASA's program to return humans to the Moon.
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His second term could go further: One of Trump's biggest donors and supporters this cycle has been Elon Musk —&nbsp;his rocket company SpaceX already has multibillion-dollar contracts with NASA and other federal agencies, and could feasibly win far more over the next four years.
And, if Trump's <a href="https://www.semafor.com/newsletter/11/06/2024/semafor-tech-its-elon-musks-world">pledge to let Musk</a> cut costs out of the government comes to pass, Musk could erode some of the regulatory procedures that he argues are holding up SpaceX's development of a rocket to take humans and cargo to Mars.
Jeff Bezos' Blue Origin, one of SpaceX's top rivals for NASA contracts, could also stand to gain. Company executives reportedly met with Trump just before Bezos' paper The Washington Post <a href="https://www.semafor.com/article/10/27/2024/rivals-scramble-to-react-to-washington-post-endorsement-crisis">canceled a planned endorsement</a> of Kamala Harris. After Trump won, Bezos <a href="https://x.com/JeffBezos/status/1854184441511571765">congratulated</a> the Republican on his victory, while the head of Blue Origin hailed his reelection as "<a href="https://x.com/davill/status/1854187755267555432">exciting times for space exploration</a>."

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'Private Space Exploration May Be About To Get A Serious Boost' - Semafor

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- Reuters Citing S&amp;P Global&nbsp;

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Roth MKM analyst Joe Reagor maintains McEwen Mining (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MUX#NYSE">MUX</a>) with a Buy and lowers the price target from $12.75 to $12.25.

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RBC Capital analyst Ashish Sabadra maintains Clarivate (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLVT#NYSE">CLVT</a>) with a Sector Perform and lowers the price target from $7 to $6.

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Roth MKM analyst Suji Desilva maintains SiTime (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SITM#NASDAQ">SITM</a>) with a Buy and raises the price target from $205 to $230.

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Canada Goose Holdings Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GOOS#NYSE">GOOS</a>) reported its second-quarter fiscal 2025 financial results before the market opened on Thursday. Here&#8217;s<a href="https://www.benzinga.com/quote/GOOS/earnings"> what you need to know.</a>
What To Know: Canada Goose reported second-quarter adjusted earnings per share of 5 cents, which may not compare to estimates for a loss of 4 cents. The company reported revenue of $267.8 million, beating estimates of $260.47 million, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.
Total revenue was down 5% year-over-year. DTC revenue fell 5%, Wholesale revenue decreased 15%, while Other revenue increased $16.9 million to $26.6 million primarily due to the clearing of slow-moving and discontinued inventory.
Inventories were $473.4 million at quarter&#8217;s end, down 9% on a year-over-year basis due to controlled production and sales. Canada Goose said net debt was reduced to $826.4 million in the quarter, down from $851.9 million a year ago. 
&#8220;Our second quarter performance reflected steady progress across our operating priorities, as we navigated an increasingly challenging macro environment that affected consumer sentiment,&#8221; said Dani Reiss, chairman and CEO of Canada Goose. 
The company said it&#8217;s investing in expanding its retail presence and marketing ahead of the holiday season, including launching its Fall/Winter 2024 collection and live shopping on Chinese platform Douyin.
Outlook: Canada Goose adjusted its fiscal 2025 outlook to reflect increased pressure on global luxury consumer spending and incremental planned marketing spend.
The company now expects a low-single-digit decrease to low-single-digit increase in full-year revenue, versus the company&#8217;s prior expectations for growth in the the low-single-digits.
GOOS Price Action: Canada Goose shares were up 2.56% at $9.84 at the time of writing, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro.</a>
<figure class="wp-block-image size-large is-resized"><a href="https://benzinga.slack.com/archives/D072651PB4K/p1727794380964569"><img loading="lazy" decoding="async" width="1024" height="551" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07101950/GOOS-1024x551.png" alt="" class="wp-image-635552" style="width:520px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07101950/GOOS-1024x551.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07101950/GOOS-300x161.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07101950/GOOS-768x413.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/07101950/GOOS.png 1156w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
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Image Via Shutterstock.

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NCR Voyix announces reduction of $1.84B of debt and other obligations

An announcement from NCR Voyix ( ($VYX) ) is now available. NCR Voyix Corporation has finalized the sale of its Digital Banking business to Veritas...

NCR Voyix Focuses on Core Business with Strategic Asset Sale

ClearBridge Mid Cap Strategy Q3 2024 Commentary

Warning: VYX is at high risk of performing badly

NCR Voyix (VYX – Research Report), the Technology sector company, was revisited by a Wall Street analyst today. Analyst Mayank Tandon from Needham ...

Buy Recommendation for NCR Voyix Amidst Strong Management and Strategic Initiatives

NCR Voyix Q3 2024 Earnings Preview

NCR Voyix Non-GAAP EPS of $0.00, revenue of $711M

Reports Q3 revenue $711M, consensus $691.54M. "This quarter we successfully completed the sale of our Digital Banking business and subsequently pai...

NCR Voyix reports Q3 non-GAAP EPS 0c, consensus (6c)

NCR Voyix ( ($VYX) ) has shared an announcement. NCR Voyix reported a mixed financial performance for Q3 2024, highlighted by a successful sale of ...

NCR Voyix Sells Digital Banking Business, Boosts Outlook

NCR Voyix Corporation 2024 Q3 - Results - Earnings Call Presentation

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Press Releases

NCR Voyix Announces Cash Tender Offers for a Portion of its Outstanding Senior Notes

NCR Voyix Announces Upsize and Early Results of Cash Tender Offers for a Portion of its Outstanding Senior Notes

NCR Voyix Announces Extension of Cash Tender Offers for a Portion of its Outstanding Senior Notes

NCR Voyix Recognized as a Global Leader of Self-Checkout

NCR Voyix Completes Sale of Digital Banking Business

NCR Voyix Announces Reduction of $1.84 Billion of Debt and Other Obligations and Termination of Trade Receivables Facility

Veritas Capital Completes Acquisition of NCR Voyix's Digital Banking Business, Rebranding Business as Candescent

NCR Voyix to Release Third Quarter 2024 Earnings Results on November 7, 2024

NCR Voyix Names Darren Wilson as President, International to Spearhead Global Expansion

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