NCR Atleos (NYSE:NATL) Raised to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded NCR Atleos to “Buy,” while Weiss Ratings also improved its assessment. However, the broader analyst consensus remains “Hold,” with a $50.27 target price.
• NCR Atleos reported quarterly EPS of $1.49, beating estimates of $1.05, on revenue of $1.10 billion. The company posted an 83.41% return on equity and a 4.44% net margin.
• The stock opened at $45.80, near its 52-week high of $48.50, with a $3.38 billion market capitalization. Institutional investors own 88.66% of the company’s shares.

NCR Atleos (NYSE:NATL - Get Free Report) was upgraded by equities research analysts at Wall Street Zen to a "buy" rating in a note issued 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 report on Thursday, October 8th. One investment analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, NCR Atleos presently has an average rating of "Hold" and a consensus target price of $50.27.

NCR Atleos Stock Performance

Shares of NCR Atleos stock opened at $45.80 on Friday. NCR Atleos has a one year low of $33.31 and a one year high of $48.50. The firm has a market capitalization of $3.38 billion, a price-to-earnings ratio of 10.46 and a beta of 0.57. The business has a 50-day simple moving average of $46.02 and a 200 day simple moving average of $44.41. The company has a debt-to-equity ratio of 5.84, a current ratio of 1.03 and a quick ratio of 0.83.

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, topping the consensus estimate of $1.05 by $0.44. The business had revenue of $1.10 billion for the quarter. NCR Atleos had a return on equity of 83.41% and a net margin of 4.44%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Sound Income Strategies LLC boosted its holdings in NCR Atleos by 245.7% during the first quarter. Sound Income Strategies LLC now owns 643 shares of the company's stock worth $28,000 after purchasing an additional 457 shares during the last quarter. Public Employees Retirement System of Ohio bought a new stake in NCR Atleos in the 2nd quarter worth about $83,000. Sterling Capital Management LLC grew its position in NCR Atleos by 839.6% in the 3rd quarter. Sterling Capital Management LLC now owns 2,443 shares of the company's stock worth $110,000 after purchasing an additional 2,183 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in NCR Atleos by 9.9% in the 3rd quarter. Nisa Investment Advisors LLC now owns 3,316 shares of the company's stock valued at $150,000 after buying an additional 300 shares during the last quarter. Finally, Nykredit A S purchased a new stake in NCR Atleos in the 2nd quarter valued at about $161,000. Institutional investors own 88.66% of the company's stock.

About NCR Atleos

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.

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