NCR Atleos Corporation (NYSE:NATL) Stock Now Rated "Hold" by Wall Street Analysts

Key Points

• Analysts have a “Hold” consensus on NCR Atleos: four of five covering firms rate it Hold and one rates it Buy. Their average 12-month price target is $50.27, compared with the stock’s $46.66 opening price.
• NCR Atleos reported quarterly earnings of $1.49 per share, beating analysts’ $1.05 consensus estimate by $0.44; revenue was $1.10 billion.
• Institutional investors own 88.66% of the company’s stock, with several investors recently increasing or initiating positions.

Shares of NCR Atleos Corporation (NYSE:NATL - Get Free Report) have received a consensus rating of "Hold" from the five research firms that are presently covering the company, Marketbeat Ratings reports. Four investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $50.27.

A number of research firms recently commented on NATL. Wall Street Zen upgraded shares of NCR Atleos to a "buy" rating in a research report on Saturday. Weiss Ratings upgraded NCR Atleos from a "buy (b-)" rating to a "buy (b)" rating in a report on Thursday, October 8th.

Hedge Funds Weigh In On NCR Atleos

Several institutional investors have recently modified their holdings of the business. Sound Income Strategies LLC raised its holdings in shares of 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 acquiring an additional 457 shares during the period. Public Employees Retirement System of Ohio acquired a new position in NCR Atleos in the 2nd quarter worth $83,000. Sterling Capital Management LLC boosted its stake 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 during the period. Nisa Investment Advisors LLC boosted 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 worth $150,000 after purchasing an additional 300 shares during the period. Finally, Nykredit A S bought a new position in NCR Atleos during the 2nd quarter worth about $161,000. Institutional investors own 88.66% of the company's stock.

NCR Atleos Stock Down 0.0%

Shares of NYSE NATL opened at $46.66 on Wednesday. NCR Atleos has a 52-week low of $33.31 and a 52-week high of $48.50. The company has a debt-to-equity ratio of 5.84, a quick ratio of 0.83 and a current ratio of 1.03. The stock has a market cap of $3.45 billion, a P/E ratio of 18.09 and a beta of 0.57. The firm has a 50 day moving average price of $46.03 and a 200 day moving average price of $44.48.

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

NCR Atleos Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.