NCR, the point of sale manufacturer, saw its stock fall by 8.3% on Friday as the repurchase of preferred shares in March hit GAAP results. But with $776 million of preferred stock still outstanding compared to cash of $400 million and annual operating cash flow of $850 million the market is overlooking the growth story.
NCR does more now than just manufacture POS and ATMs. Software now accounts for almost 40% of revenues and its very profitable (gross margins 50%) and its growing fast (license business up 30%).
Priced on a PE of just 13.6 the market seems to be missing the point. http://ift.tt/2n8vkku
This is not a recommendation to buy or sell. Beware of risky microcap. Stocks not suitable for all. Please consult your advisor and do your own research.
Submitted April 23, 2017 at 04:56AM by InterestingNews1 http://ift.tt/2ohrlCO
