NCR Atleos Corporation (NYSE:NATL – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Friday. The company traded as high as $48.60 and last traded at $48.35, with a volume of 4,066 shares. The stock had previously closed at $48.20.
Wall Street Analyst Weigh In
Several research firms recently issued reports on NATL. Weiss Ratings raised shares of NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Wall Street Zen raised NCR Atleos to a “buy” rating in a report on Saturday, October 31st. One analyst has rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, NCR Atleos currently has a consensus rating of “Hold” and a consensus target price of $50.27.
Get Our Latest Report on NCR Atleos
NCR Atleos Price Performance
The stock has a fifty day moving average of $46.25 and a two-hundred day moving average of $44.81. The stock has a market cap of $3.57 billion, a price-to-earnings ratio of 13.77 and a beta of 0.57. The company has a quick ratio of 0.71, a current ratio of 0.90 and a debt-to-equity ratio of 4.36.
NCR Atleos (NYSE:NATL – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The company reported $1.35 earnings per share (EPS) for the quarter. NCR Atleos had a return on equity of 76.97% and a net margin of 6.07%. The firm had revenue of $1.10 billion during the quarter.
Hedge Funds Weigh In On NCR Atleos
A number of institutional investors and hedge funds have recently made changes to their positions in NATL. Global Retirement Partners LLC increased its holdings in shares of NCR Atleos by 39.7% in the 3rd quarter. Global Retirement Partners LLC now owns 1,192 shares of the company’s stock valued at $54,000 after purchasing an additional 339 shares in the last quarter. Public Employees Retirement System of Ohio purchased a new stake in NCR Atleos during the second quarter worth about $83,000. Sterling Capital Management LLC boosted its holdings in NCR Atleos by 839.6% during the third quarter. Sterling Capital Management LLC now owns 2,443 shares of the company’s stock worth $110,000 after buying an additional 2,183 shares in the last quarter. Nisa Investment Advisors LLC boosted its holdings in NCR Atleos by 9.9% during the third quarter. Nisa Investment Advisors LLC now owns 3,316 shares of the company’s stock worth $150,000 after buying an additional 300 shares in the last quarter. Finally, Nykredit A S purchased a new stake in NCR Atleos during the second quarter worth about $161,000. 88.66% of the stock is owned by institutional investors and hedge funds.
About NCR Atleos
NCR Atleos Corporation provides automated teller machine (ATM) solutions and services to financial institutions, retailers and other businesses. Its offerings include ATM hardware and software, ATM deployment and management, transaction processing, and services that support cash replenishment and equipment maintenance. The company also provides managed ATM services, including solutions that allow customers to outsource parts or all of their ATM operations. Its services are designed to help clients maintain and operate ATM networks and provide consumers with access to cash and other self-service banking functions.
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