|Bid||15.00 x 800|
|Ask||19.76 x 800|
|Day's Range||17.82 - 18.69|
|52 Week Range||10.55 - 35.87|
|Beta (5Y Monthly)||1.69|
|PE Ratio (TTM)||5.92|
|Earnings Date||Jul 28, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||25.33|
NCR reports better-than-expected Q2 results despite adverse impact of the pandemic and shift from selling perpetual software licenses to recurring revenues.
NCR (NCR) delivered earnings and revenue surprises of 50.00% and 11.18%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of NCR (NYSE:NCR) rose 1.67% in after-market trading after the company reported Q2 results.Quarterly Results Earnings per share fell 64.47% over the past year to $0.27, which beat the estimate of $0.21.Revenue of $1,484,000,000 declined by 13.22% year over year, which beat the estimate of $1,430,000,000.Looking Ahead NCR hasn't issued any earnings guidance for the time being.NCR hasn't issued any revenue guidance for the time being.Details Of The Call Date: Jul 28, 2020View more earnings on NCRTime: 04:30 PMET Webcast URL: https://edge.media-server.com/mmc/p/vasma93mTechnicals 52-week high: $35.8752-week low: $10.55Price action over last quarter: down 5.66%Company Description NCR Corp designs and services automated systems that streamline interactions between businesses and consumers. The company is the largest global vendor of ATMs and also sells point-of-sale terminals and self-service check-out systems for retail stores, and self-check-in kiosks for airlines and hotels. The firm derives the majority of its revenue from overseas.See more from Benzinga * Earnings Scheduled For July 28, 2020(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
NCR Corporation (NYSE: NCR) reported financial results today for the three months ended June 30, 2020. Second quarter and other recent highlights include:
NCR Corporation (NYSE: NCR) will release its second quarter 2020 financial results after the market close on Tuesday, July 28, 2020. A conference call is scheduled at 4:30 p.m. Eastern Time on the same day.
NCR Corporation (NYSE: NCR), a global provider of leading retail technology solutions that run the store, announced another go-live of its flagship cloud-based point-of-sale (POS) platform Emerald at Arizona-based Bashas’ Family of Stores.
When you buy shares in a company, it's worth keeping in mind the possibility that it could fail, and you could lose...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]
Although I focus on megatrends to extract the best possible investing ideas, they're also useful as a warning system against stocks to avoid. In particular, I avoid chasing fads like Beyond Meat (NASDAQ:BYND). Admittedly, Beyond and the plant-based protein industry are hot topics. However, I ultimately see Beyond Meat stock fading away not in dissimilar fashion to National Beverage (NASDAQ:FIZZ).Source: Sundry Photography / Shutterstock.com A few years ago, FIZZ shares seemingly shot up from obscurity to dominating headlines on Wall Street. Thanks to its LaCroix brand of sparkling water, National Beverage came to prominence. Specifically, millennials bought the products by the boatload as a trendy, carbonated drink that was supposedly healthy. However, many people caught on that LaCroix wasn't nearly as healthy as the hype suggested.Eventually, I believe this narrative, not the novel-coronavirus-fueled thesis, will determine the overriding trajectory of Beyond Meat stock. As you know, the stock blasted higher off its March doldrums as meat shortages began plaguing the food supply chain. Suddenly, consumers saw dwindling inventory at their local grocers. Naturally, plant-based meat companies took advantage of the organic marketing opportunity, presenting a new, progressive solution to our protein problem.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut by that logic, Beyond Meat stock should be trading much higher than it is. After all, you couldn't ask for a better ecosystem than your competition being taken out of commission. However, one of the reasons why Beyond's stock didn't fly off the shelves was that the meat shortage crisis wasn't all that it was cracked up to be. * The 7 Best Stocks to Invest in Right Now Recently, a USA Today analysis of U.S. Department of Agriculture data revealed that Americans were never at risk of a severe shortage. That raised a lot of eyebrows. Beyond Meat Stock Is At a Dangerous CrossroadsIf the analysis is accurate, investors should tread carefully with Beyond's stock. Primarily, the underlying company has lost a critical catalyst: the traditional competition may be healthier than initially advertised. Also, news about sharply rising coronavirus cases and hospitalizations probably won't have the impact that the initial wave did.But even if we set aside the Covid-19 disruption (or lack thereof), I still see the case for Beyond Meat stock weakening. Despite the many criticisms against this demographic, the millennial consumer is quite shrewd and discerning, particularly when it comes to products that they put into their bodies.According to one food-related survey, millennials reported "making 17 tweaks or changes to their diet per year." The most significant change was a shift toward healthier foods, then avoiding sugar and carbs and finally, electing more plant-based foods. Other changes included reductions in alcohol and meat consumption.Mainly, the motif here is health consciousness as opposed to platform consciousness. As I mentioned above, one of the factors that popped the LaCroix bubble was the health façade. The same dynamic threatens Beyond Meat stock.I've consistently argued that plant-based meats are too highly processed, featuring multiple ingredients and chemicals. Thus, with Beyond, consumers are replacing the platform but not introducing a healthy alternative.Plus, many nutritionists argue that meat itself isn't necessarily unhealthy. But processing can turn anything into a product to avoid. That's why health professionals frequently state that you should not eat cold cuts if you can help it. Again, it's not about whether the cold cuts are real or plant-based; rather, if they're processed and loaded with chemicals, neither format is ideal.Eventually, consumers will catch on to this reality. Certainly, millennials who are focused on healthy products will. The Competition Is SalivatingAnother factor that contributed to the implosion of National Beverage's LaCroix bubble was competition. Laurent Grandet, a beverage analyst for Guggenheim, stated that a "lack of meaningful or disruptive innovation" basically invited companies to steal market share. And they did exactly that.That's also the problem staring Beyond Meat stock in the face. While it might seem as if plant-based meat is a new phenomenon, the only thing novel about it is the marketing hype. In reality, the concept of meat alternatives has been around for centuries.Therefore, it's impossible for Beyond Meat not to expect competition to move in and disrupt this space. Furthermore, some of Beyond's rivals include well-heeled organizations that could theoretically scale up their production to meet demand.But this is also now a big question mark. With an over-hyped meat shortage, meat alternatives will have to justify themselves by their overall product quality and price. This is probably an unreasonable challenge, which is why Beyond Meat stock is presently unconvincing.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. Click here to see what Matt has up his sleeve now. As of this writing, Matt did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post History Shows Beyond Meat Stock Is Likely More Hype Than Substance appeared first on InvestorPlace.
National Beverage Corp. (NASDAQ: FIZZ) today announced trending results for its third and fourth quarters plus fiscal year ended May 2, 2020.
National Beverage Corp. (NASDAQ:FIZZ) today announced that the latest flavors of LaCroix, LimonCello, Pastèque and Hi-Biscus, have pushed the weekly scans to new highs. LaCroix achieved scanned tracked channel growth of 27.4% or 220 basis points over the category in the four-week period ended June 20, 2020 compared to the prior year. (1)
NCR Corporation (NYSE: NCR) today announced Timothy C. Oliver is joining the company as its new Chief Financial Officer effective July 13, 2020.
Before we spend countless hours researching a company, we like to analyze what insiders, hedge funds and billionaire investors think of the stock first. This is a necessary first step in our investment process because our research has shown that the elite investors' consensus returns have been exceptional. In the following paragraphs, we find out […]
NCR Corporation (NYSE: NCR), a global enterprise technology provider for the banking, retail and hospitality industries, today announced that President and Chief Executive Officer Michael D. Hayford will present to investors at the RBC Capital Markets Financial Technology Virtual Conference.
The financial regulations require hedge funds and wealthy investors that exceeded the $100 million equity holdings threshold to file a report that shows their positions at the end of every quarter. Even though it isn't the intention, these filings to a certain extent level the playing field for ordinary investors. The latest round of 13F […]
Former Fidelity National Information Services Chief Executive Frank Martire is preparing to seek around $375 million in a U.S. initial public offering for a new acquisition company, a person familiar with the matter said on Friday. Martire is leading the special purpose acquisition company (SPAC) alongside insurance industry veteran William Foley, the source said, requesting anonymity to discuss the deal. It will be the latest SPAC listing, which has emerged in recent weeks as the most active corner of the U.S. IPO market as market volatility has delayed listings by other companies.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of NCR Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Shares of NCR Corporation (NYSE: NCR) jumped this morning as investors were processing positive news that a potential vaccine for COVID-19 showed promise in early human testing. The coronavirus has wreaked havoc on the health of people across the globe and has impacted nearly every industry, but today's news gave investors a glimmer of hope that a vaccine may be on the way. Moderna, a biotech company, said today that a potential coronavirus vaccine has shown positive results with early human testing.
NCR Corporation (NYSE: NCR) reported financial results today for the three months ended March 31, 2020. First quarter and other recent highlights include: