In a report released yesterday, Ian Zaffino from Oppenheimer maintained a Hold rating on NCR Corp (NCR). The company’s shares closed yesterday at $27.44.
Zaffino said:
“4Q18 adjusted EPS of $0.84 was slightly above our/Street’s $0.74/$0.82E, as a recovery in Hardware and Services offset weakness in software. The company introduced 2019 EPS guidance of $2.75-$2.85, which was below the Street’s $2.90E, but includes our $2.75E. Revenue guidance for 2019 calls for growth of 1%-2% (0%-1% organic), as POS declines and the company faces headwinds from its efforts to shift software sales toward a recurring model. Maintain Perform.”
According to TipRanks.com, Zaffino is a 3-star analyst with an average return of 0.5% and a 50.6% success rate. Zaffino covers the Services sector, focusing on stocks such as Servicemaster Global Holdings, Wyndham Hotels & Resorts Inc, and frontdoor inc.
NCR Corp has an analyst consensus of Moderate Buy, with a price target consensus of $30.
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The company has a one-year high of $35.96 and a one-year low of $20.93. Currently, NCR Corp has an average volume of 971.3K.
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NCR Corp. engages in the development, manufacture and sale of consumer transaction solutions. It operates through the following segments: Software, Services and Hardware. The Software segment includes industry-based software platforms, applications and application suites for the financial services, retail, hospitality and small business industries.
