NCR Atleos Corporation (NYSE:NATL – Get Free Report) has been assigned a consensus recommendation of “Hold” from the five ratings firms that are covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation. The average 1 year target price among analysts that have updated their coverage on the stock in the last year is $50.2667.
A number of research analysts have weighed in on NATL shares. DA Davidson reaffirmed a “neutral” rating and issued a $50.00 price target on shares of NCR Atleos in a research note on Monday, May 11th. Zacks Research lowered shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Finally, Weiss Ratings raised NCR Atleos from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday.
View Our Latest Stock Report on NCR Atleos
NCR Atleos Stock Up 1.5%
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 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 business had revenue of $1.10 billion for the quarter. As a group, equities analysts expect that NCR Atleos will post 4.5 earnings per share for the current year.
Institutional Trading of NCR Atleos
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. State Street Corp boosted its holdings in NCR Atleos by 0.9% during the fourth quarter. State Street Corp now owns 2,792,251 shares of the company’s stock worth $106,413,000 after purchasing an additional 25,510 shares during the last quarter. Engine Capital Management LP lifted its position in NCR Atleos by 7.2% during the 4th quarter. Engine Capital Management LP now owns 2,581,525 shares of the company’s stock worth $98,382,000 after buying an additional 172,846 shares in the last quarter. Bank of America Corp DE lifted its position in 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 in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of NCR Atleos by 3.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,636,083 shares of the company’s stock worth $71,293,000 after buying an additional 58,745 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of NCR Atleos by 12.7% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,398,747 shares of the company’s stock worth $53,306,000 after buying an additional 157,429 shares during the last quarter. 88.66% of the stock is currently owned by institutional investors and hedge funds.
About NCR Atleos
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.
Read More
- Five stocks we like better than NCR Atleos
- 3 Energy Stocks Raising Dividends as the Sector Surges
- 5 Reasons the S&P 500 Could Keep Rallying Through Year-End
- Walmart’s Post-Earnings Drop Could Be a Buying Opportunity
- The Trade Desk’s Earnings Miss Raises a Bigger Question About Its AI Future
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.
