Texas (July 23, 2014) Wax Ink has issued a No Investment Interest opinion for NCR Corporation (NYE: NCR), based on a recent intrinsic value review that placed fair value for the company between $26-$33.
A No Investment Interest opinion (hold) means that the current key performance indicators (KPIs) and associated financial metrics do not favor a position in this stock as an active investment at this time.
The recent close of $32.03 is approximately 102% above a fair value buy target for the stock and approximately 2% below a fair value close target for the stock. The recent close is also 22% below analysts' twelve-month $41.00 median price target for the stock.
The recent close represents an 8% decline in the one-year price of the stock, while year-over-year sales increased 7%, year-over-year earnings increased 44%, year-over-year debt increased 68%, and year-over-year free cash flow increased 50%.
The company paid a dividend of $0.00, a year-over-year increase of 0%.
The stock currently has a trailing twelve-month PE Ratio of 12, and a PEG Ratio of 0.5 basis estimated forward earnings growth of 25.5%.
In the past 52 weeks, share prices have moved between a high of $41.63 and a low of $28.64, placing current equilibrium at $33.71. With the recent close, the stock is trading 30% below the 52 week high, 11% above the 52 week low, and 5% below current equilibrium.
The three-month average daily trading volume for this stock is approximately 2.31 million shares and the recent average daily trading volume is approximately 4.43 million shares. There are approximately 10.49 million short interest shares which places the days to cover at 4.19.
NCR Corporation provides products and services that enable businesses to connect, interact, and transact with their customers worldwide.
The company's listed competitors include Hewlett-Packard Company, International Business Machines Corporation, and Wincor Nixdorf Aktiengesellschaft.
Financial information contained in this alert, is basis the company's most recent annual SEC filing for year ending September 30, 2013. Unless otherwise noted, all prices are per share.
At this time Wax Ink has no investment position in any company mentioned in this alert. This alert is for use by Accredited Investors as defined under Title 17, CFR §230.500, Regulation D.
Wax Ink is a baseline equity research company not licensed or registered with any government agency focusing on long-term investment opportunities.
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Disclosure: The author has no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.