NCR Atleos Corporation (NYSE:NATL) Given Consensus Recommendation of “Hold” by Brokerages

NCR Atleos Corporation (NYSE:NATL) has been assigned a consensus recommendation of “Hold” from the six research firms that are covering the firm, Marketbeat reports. Six investment 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.

A number of research analysts have recently commented on the company. DA Davidson reiterated a “neutral” rating and issued a $50.00 price objective on shares of NCR Atleos in a report on Monday, May 11th. Weiss Ratings downgraded NCR Atleos from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, May 8th. Stifel Nicolaus set a $50.40 price objective on NCR Atleos in a report on Wednesday, March 4th. Wedbush downgraded NCR Atleos from an “outperform” rating to a “hold” rating and increased their price objective for the company from $45.00 to $50.40 in a report on Friday, February 27th. Finally, Zacks Research cut NCR Atleos from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th.

Institutional Trading of NCR Atleos

A number of large investors have recently made changes to their positions in NATL. JPMorgan Chase & Co. boosted its position in shares of NCR Atleos by 5.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 124,694 shares of the company’s stock valued at $3,558,000 after purchasing an additional 5,946 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in NCR Atleos during the 2nd quarter worth approximately $891,000. CW Advisors LLC acquired a new stake in NCR Atleos during the 2nd quarter worth approximately $262,000. Amundi acquired a new stake in NCR Atleos during the 2nd quarter worth approximately $349,000. Finally, Gamco Investors INC. ET AL lifted its position in NCR Atleos by 192.7% during the 2nd quarter. Gamco Investors INC. ET AL now owns 35,638 shares of the company’s stock worth $1,017,000 after acquiring an additional 23,463 shares during the period. 88.66% of the stock is owned by institutional investors and hedge funds.

NCR Atleos Trading Down 0.1%

NATL opened at $44.16 on Friday. NCR Atleos has a one year low of $23.56 and a one year high of $48.50. The company has a market cap of $3.26 billion, a P/E ratio of 19.03 and a beta of 0.57. The company has a debt-to-equity ratio of 6.83, a quick ratio of 0.78 and a current ratio of 0.98. The business’s 50-day simple moving average is $44.46 and its 200-day simple moving average is $41.45.

NCR Atleos (NYSE:NATL) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.24). NCR Atleos had a net margin of 3.98% and a return on equity of 78.64%. The business had revenue of $1.04 billion during the quarter. During the same quarter in the prior year, the firm posted $0.64 EPS. The business’s revenue was up 6.5% on a year-over-year basis. As a group, equities research analysts expect that NCR Atleos will post 4.52 EPS for the current fiscal year.

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.