NCR Atleos Corporation (NYSE:NATL) Receives Average Rating of “Hold” from Analysts

NCR Atleos Corporation (NYSE:NATLGet Free Report) has been assigned a consensus rating of “Hold” from the six brokerages that are presently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and one has given a strong buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is $50.2667.

Several research firms recently commented on NATL. Wolfe Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Stifel Nicolaus set a $50.40 target price on shares of NCR Atleos in a research note on Wednesday, March 4th. Wedbush cut shares of NCR Atleos from an “outperform” rating to a “hold” rating and upped their target price for the company from $45.00 to $50.40 in a research note on Friday, February 27th. Weiss Ratings cut shares of NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday. Finally, DA Davidson reiterated a “neutral” rating and set a $50.00 target price on shares of NCR Atleos in a research note on Monday.

Check Out Our Latest Analysis on NCR Atleos

Hedge Funds Weigh In On NCR Atleos

Several large investors have recently bought and sold shares of NATL. New York State Common Retirement Fund raised its stake in shares of NCR Atleos by 844.6% in the 3rd quarter. New York State Common Retirement Fund now owns 211,109 shares of the company’s stock valued at $8,299,000 after buying an additional 188,760 shares in the last quarter. K.J. Harrison & Partners Inc acquired a new position in shares of NCR Atleos in the 3rd quarter valued at $3,112,000. Villanova Investment Management Co LLC raised its stake in shares of NCR Atleos by 52.3% in the 3rd quarter. Villanova Investment Management Co LLC now owns 171,310 shares of the company’s stock valued at $6,734,000 after buying an additional 58,844 shares in the last quarter. JCP Investment Management LLC acquired a new position in shares of NCR Atleos in the 3rd quarter valued at $10,225,000. Finally, WINTON GROUP Ltd raised its stake in shares of NCR Atleos by 174.9% in the 3rd quarter. WINTON GROUP Ltd now owns 125,076 shares of the company’s stock valued at $4,917,000 after buying an additional 79,580 shares in the last quarter. 88.66% of the stock is currently owned by institutional investors and hedge funds.

NCR Atleos Price Performance

NYSE NATL opened at $44.98 on Wednesday. The company has a current ratio of 0.98, a quick ratio of 0.78 and a debt-to-equity ratio of 6.83. The company has a fifty day simple moving average of $44.45 and a 200 day simple moving average of $40.47. The company has a market cap of $3.32 billion, a P/E ratio of 19.39 and a beta of 0.61. NCR Atleos has a 1 year low of $23.56 and a 1 year high of $48.50.

NCR Atleos (NYSE:NATLGet Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.89 by ($0.24). The firm had revenue of $1.04 billion for the quarter. NCR Atleos had a return on equity of 78.64% and a net margin of 3.98%.The company’s revenue for the quarter was up 6.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.64 earnings per share. On average, sell-side analysts predict that NCR Atleos will post 4.52 EPS for the current year.

About NCR Atleos

(Get Free Report)

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.

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Analyst Recommendations for NCR Atleos (NYSE:NATL)

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