NCR Atleos Corporation (NYSE:NATL) Receives $50.27 Consensus Price Target from Analysts

NCR Atleos Corporation (NYSE:NATL) has been assigned a consensus recommendation of “Hold” from the five research firms that are currently covering the company, MarketBeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating on the company. The average twelve-month price objective among brokers that have issued a report on the stock in the last year is $50.2667.

NATL has been the topic of several analyst reports. Zacks Research lowered shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Weiss Ratings upgraded shares of NCR Atleos from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 19th. Finally, DA Davidson reiterated a “neutral” rating and issued a $50.00 price target on shares of NCR Atleos in a research note on Monday, May 11th.

NCR Atleos Stock Down 0.9%

NATL stock opened at $46.02 on Friday. NCR Atleos has a 52 week low of $33.31 and a 52 week high of $48.50. The business has a 50-day simple moving average of $45.90 and a 200 day simple moving average of $44.66. The company has a quick ratio of 0.83, a current ratio of 1.03 and a debt-to-equity ratio of 5.84. The company has a market cap of $3.40 billion, a PE ratio of 17.84 and a beta of 0.57.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $1.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.05 by $0.44. The firm had revenue of $1.10 billion for the quarter. NCR Atleos had a net margin of 4.44% and a return on equity of 83.41%. Sell-side analysts anticipate that NCR Atleos will post 4.5 EPS for the current fiscal year.

Institutional Trading of NCR Atleos

Several large investors have recently bought and sold shares of the business. CIBC Private Wealth Group LLC grew its position in NCR Atleos by 66.7% in the fourth quarter. CIBC Private Wealth Group LLC now owns 690 shares of the company’s stock valued at $26,000 after acquiring an additional 276 shares during the last quarter. Sound Income Strategies LLC lifted its holdings in shares of NCR Atleos by 245.7% in 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 during the last quarter. Eurizon Capital SGR S.p.A. bought a new position in shares of NCR Atleos in the fourth quarter worth about $31,000. Global Retirement Partners LLC boosted its stake in shares of NCR Atleos by 134.5% in the 4th quarter. Global Retirement Partners LLC now owns 1,210 shares of the company’s stock valued at $46,000 after purchasing an additional 694 shares in the last quarter. Finally, Kestra Advisory Services LLC acquired a new stake in shares of NCR Atleos in the 4th quarter valued at approximately $51,000. 88.66% of the stock is owned by institutional investors and hedge funds.

NCR Atleos Company Profile

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others.