NCR Atleos Corporation (NATL) – What Are Researchers Thinking About This Stock?

Shares of NCR Atleos Corporation (NYSE:NATL) have been assigned a consensus recommendation of “Hold” from the five research firms that are covering the company, Marketbeat.com reports. Four analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $50.27.

Separately, Weiss Ratings raised NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th.

NCR Atleos Price Performance

NATL traded down $0.09 during trading on Friday, hitting $45.97. 1,014,993 shares of the stock traded hands, compared to its average volume of 930,028. NCR Atleos has a twelve month low of $33.31 and a twelve month high of $48.50. The company has a market cap of $3.40 billion, a price-to-earnings ratio of 17.82 and a beta of 0.57. The company has a debt-to-equity ratio of 5.84, a current ratio of 1.03 and a quick ratio of 0.83. The business has a 50 day moving average price of $46.04 and a 200 day moving average price of $45.31.

NCR Atleos (NYSE:NATL) last released its earnings results on Wednesday, August 5th. The company reported $1.49 earnings per share for the quarter, topping the consensus estimate of $1.05 by $0.44. The firm had revenue of $1.10 billion during the quarter. NCR Atleos had a return on equity of 83.41% and a net margin of 4.44%. Equities research analysts forecast that NCR Atleos will post 4.50 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sound Income Strategies LLC raised its stake in NCR Atleos by 245.7% during the first quarter. Sound Income Strategies LLC now owns 643 shares of the company’s stock worth $28,000 after acquiring an additional 457 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of NCR Atleos in the second quarter worth about $83,000. Hanson & Doremus Investment Management boosted its stake in shares of NCR Atleos by 19.3% in the 1st quarter. Hanson & Doremus Investment Management now owns 3,406 shares of the company’s stock valued at $148,000 after purchasing an additional 550 shares in the last quarter. Nykredit A S acquired a new stake in shares of NCR Atleos in the 2nd quarter valued at approximately $161,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of NCR Atleos in the 2nd quarter valued at approximately $213,000. Institutional investors own 88.66% of the company’s stock.

NCR Atleos Company Profile

NCR Atleos Corporation is a financial technology company focused on self-service banking and payment solutions. The company provides automated teller machines (ATMs), ATM-as-a-Service offerings, managed services, software, transaction processing, cash management and related support for financial institutions, retailers and other businesses.

Atleos also operates the Allpoint network, which provides consumers with access to surcharge-free ATMs through participating financial institutions and retail locations.