NCR Atleos Corporation (NYSE:NATL – Get Free Report) has received a consensus rating of “Hold” from the five analysts that are presently covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $50.2667.
A number of brokerages recently issued reports on NATL. Zacks Research cut shares of NCR Atleos from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Weiss Ratings raised NCR Atleos from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, August 19th.
Get Our Latest Stock Report on NATL
NCR Atleos Stock Performance
NCR Atleos (NYSE:NATL – Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $1.10 billion during the quarter. NCR Atleos had a return on equity of 83.41% and a net margin of 4.44%. Analysts predict that NCR Atleos will post 4.5 earnings per share for the current fiscal year.
Institutional Trading of NCR Atleos
Institutional investors and hedge funds have recently modified their holdings of the company. Engine Capital Management LP grew its position in shares of NCR Atleos by 7.2% in the fourth quarter. Engine Capital Management LP now owns 2,581,525 shares of the company’s stock valued at $98,382,000 after purchasing an additional 172,846 shares during the last quarter. Bank of America Corp DE boosted its stake 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 valued at $81,121,000 after purchasing an additional 1,237,227 shares during the period. Dimensional Fund Advisors LP grew 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 buying an additional 58,745 shares during the last quarter. Fourth Sail Capital LP acquired a new position in shares of NCR Atleos during the fourth quarter worth approximately $33,597,000. Finally, Capital International Investors boosted its position in shares of NCR Atleos by 63.0% in the fourth quarter. Capital International Investors now owns 682,561 shares of the company’s stock valued at $26,012,000 after acquiring an additional 263,698 shares during the period. 88.66% of the stock is currently owned by institutional investors and hedge funds.
About NCR Atleos
NCR Atleos Corporation (NYSE:NATL) is a financial technology company focused on self-service banking and cash-access solutions. The company provides automated teller machines (ATMs), ATM software, transaction processing, cash-management services and related technology to financial institutions, retailers and independent ATM operators.
Its offerings include the deployment, maintenance and management of ATMs, as well as managed services designed to help financial institutions operate parts of their physical banking infrastructure.
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