NCR Atleos (NYSE:NATL) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of NCR Atleos (NYSE:NATL – Free Report) to a buy rating in a research report sent to investors on Saturday,Wall Street Zen reports.

Separately, Weiss Ratings upgraded NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One equities research analyst has rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $50.27.

Check Out Our Latest Report on NATL

NCR Atleos Trading Up 1.8%

NCR Atleos stock opened at $46.65 on Friday. The stock has a 50-day simple moving average of $46.02 and a 200 day simple moving average of $44.45. The stock has a market capitalization of $3.45 billion, a P/E ratio of 10.36 and a beta of 0.57. The company has a debt-to-equity ratio of 5.84, a quick ratio of 0.83 and a current ratio of 1.03. NCR Atleos has a 52 week low of $33.31 and a 52 week high of $48.50.

NCR Atleos (NYSE:NATL – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported $1.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.05 by $0.44. NCR Atleos had a return on equity of 83.41% and a net margin of 4.44%. The firm had revenue of $1.10 billion for the quarter.

Hedge Funds Weigh In On NCR Atleos

Large investors have recently modified their holdings of the stock. Bank of America Corp DE boosted its holdings in shares of NCR Atleos by 198.2% during 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. Dimensional Fund Advisors LP raised its holdings in NCR Atleos by 3.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,636,083 shares of the company’s stock valued at $71,293,000 after acquiring an additional 58,745 shares during the period. Squarepoint Ops LLC raised its holdings in NCR Atleos by 13.7% in the 2nd quarter. Squarepoint Ops LLC now owns 547,643 shares of the company’s stock valued at $23,773,000 after acquiring an additional 65,775 shares during the period. Bank of New York Mellon Corp bought a new position in NCR Atleos in the 2nd quarter valued at about $20,240,000. Finally, Crescent Grove Advisors LLC lifted its position in NCR Atleos by 3.4% during the first quarter. Crescent Grove Advisors LLC now owns 401,456 shares of the company’s stock worth $17,495,000 after acquiring an additional 13,048 shares during the last quarter. 88.66% of the stock is owned by institutional investors.

NCR Atleos Company Profile

(Get Free Report)

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.

Further Reading

Analyst Recommendations for NCR Atleos (NYSE:NATL)

Receive News & Ratings for NCR Atleos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCR Atleos and related companies with MarketBeat.com's FREE daily email newsletter.