NCR Atleos Corporation (NYSE:NATL) Given Average Rating of “Hold” by Analysts

Shares of NCR Atleos Corporation (NYSE:NATL) have been given an average rating of “Hold” by the six brokerages that are covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation. The average 12 month price objective among brokers that have covered the stock in the last year is $50.2667.

Several research firms have recently commented on NATL. Wedbush cut shares of NCR Atleos from an “outperform” rating to a “hold” rating and boosted their price target for the company from $45.00 to $50.40 in a report on Friday, February 27th. Stifel Nicolaus set a $50.40 price objective on NCR Atleos in a research report on Wednesday, March 4th. Wolfe Research downgraded NCR Atleos from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 27th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of NCR Atleos in a research note on Thursday, January 22nd. Finally, DA Davidson reiterated a “neutral” rating and set a $50.00 price target (down from $60.00) on shares of NCR Atleos in a report on Friday, February 27th.

NCR Atleos Price Performance

Shares of NATL opened at $43.33 on Tuesday. The business’s 50-day moving average is $41.41 and its 200-day moving average is $39.18. The company has a debt-to-equity ratio of 6.65, a current ratio of 0.96 and a quick ratio of 0.78. The company has a market capitalization of $3.19 billion, a price-to-earnings ratio of 19.17 and a beta of 0.78. NCR Atleos has a fifty-two week low of $22.30 and a fifty-two week high of $48.50.

NCR Atleos (NYSE:NATL) last announced its quarterly earnings data on Thursday, February 26th. The company reported $1.49 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.27. The firm had revenue of $1.15 billion for the quarter. NCR Atleos had a net margin of 3.92% and a return on equity of 84.28%. The business’s revenue for the quarter was up 4.0% on a year-over-year basis. During the same period in the previous year, the firm posted $1.11 earnings per share.

Institutional Trading of NCR Atleos

Large investors have recently added to or reduced their stakes in the business. State Street Corp increased its stake in shares of NCR Atleos by 0.9% during the 4th 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 boosted its holdings in NCR Atleos by 7.2% in the fourth quarter. Engine Capital Management LP now owns 2,581,525 shares of the company’s stock worth $98,382,000 after purchasing an additional 172,846 shares in the last quarter. Dimensional Fund Advisors LP increased its position in NCR Atleos by 3.3% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,577,338 shares of the company’s stock worth $60,117,000 after buying an additional 50,798 shares during the last quarter. Charles Schwab Investment Management Inc. raised its holdings in NCR Atleos by 12.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,398,747 shares of the company’s stock valued at $53,306,000 after buying an additional 157,429 shares in the last quarter. Finally, Fourth Sail Capital LP bought a new position in NCR Atleos during the fourth quarter valued at about $33,597,000. 88.66% of the stock is owned by institutional investors.

NCR Atleos Company Profile

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.