NCR Atleos (NYSE:NATL) Hits New 1-Year High – Should You Buy?

NCR Atleos Corporation (NYSE:NATL) reached a new 52-week high during mid-day trading on Wednesday. The stock traded as high as $48.59 and last traded at $48.43, with a volume of 374,458 shares. The stock had previously closed at $46.64.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on NATL. Weiss Ratings upgraded NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wall Street Zen upgraded NCR Atleos to a “buy” rating in a report on Saturday, October 31st. One equities research analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, NCR Atleos has an average rating of “Hold” and an average target price of $50.27.

NCR Atleos Trading Up 0.5%

The firm has a market cap of $3.49 billion, a P/E ratio of 13.46 and a beta of 0.57. The firm’s fifty day moving average is $46.06 and its two-hundred day moving average is $44.55. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 4.36.

NCR Atleos (NYSE:NATL) last posted its earnings results on Wednesday, November 4th. The company reported $1.35 EPS for the quarter. The firm had revenue of $1.10 billion during the quarter. NCR Atleos had a net margin of 6.07% and a return on equity of 76.97%.

Hedge Funds Weigh In On NCR Atleos

A number of institutional investors have recently bought and sold shares of NATL. Maven Securities LTD bought a new stake in shares of NCR Atleos during the 2nd quarter valued at $7,002,000. Bank of New York Mellon Corp purchased a new stake in shares of NCR Atleos in the 2nd quarter worth about $20,240,000. Y Intercept Hong Kong Ltd purchased a new stake in shares of NCR Atleos in the 1st quarter worth about $1,082,000. Bank of America Corp DE grew its position in shares of NCR Atleos by 198.2% in the 1st quarter. Bank of America Corp DE now owns 1,861,433 shares of the company’s stock worth $81,121,000 after buying an additional 1,237,227 shares during the period. Finally, Squarepoint Ops LLC increased its stake in shares of NCR Atleos by 13.7% in the 2nd quarter. Squarepoint Ops LLC now owns 547,643 shares of the company’s stock worth $23,773,000 after acquiring an additional 65,775 shares in the last quarter. 88.66% of the stock is owned by institutional investors.

NCR Atleos Company Profile

NCR Atleos Corporation is a financial technology company focused on self-service banking and automated teller machine (ATM) solutions. The company provides ATMs, software, managed services and related infrastructure that enable banks, retailers and independent ATM operators to deliver cash access and other routine banking services.

Its offerings include ATM-as-a-service, ATM deployment and management, cash management, transaction processing, maintenance and field support. NCR Atleos also provides software and digital tools designed to help financial institutions manage ATM networks, improve availability and connect self-service channels with broader banking operations.

NCR Atleos was separated from NCR Corporation in 2023, while the remaining company became NCR Voyix.