NCR Corporation (NCR): Today's Featured Computer Software & Services Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NCR Corporation ( NCR) pushed the Computer Software & Services industry lower today making it today's featured Computer Software & Services laggard. The industry as a whole was unchanged today. By the end of trading, NCR Corporation fell 51 cents (-2.2%) to $22.50 on average volume. Throughout the day, 2.1 million shares of NCR Corporation exchanged hands as compared to its average daily volume of two million shares. The stock ranged in price between $22.27-$23.13 after having opened the day at $23.13 as compared to the previous trading day's close of $23.01. Other companies within the Computer Software & Services industry that declined today were: MSCI ( MSCI), down 26.8%, Kingtone Wirelessinfo Solution ( KONE), down 13.5%, Cover-All Technologies ( COVR), down 7.5%, and China Mobile Games and Entertainment Group ( CMGE), down 7.2%.
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NCR Corporation provides products and services that enable businesses to connect, interact, and transact with their customers worldwide. NCR Corporation has a market cap of $3.71 billion and is part of the technology sector. The company has a P/E ratio of 42.4, above the average computer software & services industry P/E ratio of 39.5 and above the S&P 500 P/E ratio of 17.7. Shares are up 41.6% year to date as of the close of trading on Monday. Currently there are five analysts that rate NCR Corporation a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates NCR Corporation as a buy. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth, solid stock price performance, growth in earnings per share and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, Brightcove ( BCOV), up 8.1%, Intellicheck Mobilisa ( IDN), up 7.6%, Chyron Corporation ( CHYR), up 6.1%, and Mitek Systems ( MITK), up 4.8%, were all gainers within the computer software & services industry with Nuance Communications ( NUAN) being today's featured computer software & services industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the computer software & services industry could consider iShares S&P NA Tech Software Idx ( IGV) while those bearish on the computer software & services industry could consider ProShares Ultra Short Technology ( REW).

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