Shares of NCR Atleos Corporation (NYSE:NATL – Get Free Report) reached a new 52-week high during trading on Friday. The stock traded as high as $48.60 and last traded at $48.35, with a volume of 4,066 shares changing hands. The stock had previously closed at $48.20.
Wall Street Analyst Weigh In
A number of brokerages recently weighed in on NATL. Wall Street Zen upgraded shares of NCR Atleos to a “buy” rating in a research note on Saturday, October 31st. Weiss Ratings upgraded shares of NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. One research analyst has rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $50.27.
Read Our Latest Report on NCR Atleos
NCR Atleos Trading Up 0.2%
The company has a 50 day simple moving average of $46.25 and a 200 day simple moving average of $44.81. The company has a current ratio of 0.90, a quick ratio of 0.71 and a debt-to-equity ratio of 4.36. The stock has a market capitalization of $3.57 billion, a PE ratio of 13.77 and a beta of 0.57.
NCR Atleos (NYSE:NATL – Get Free Report) last announced its earnings results on Wednesday, November 4th. The company reported $1.35 earnings per share for the quarter. The company had revenue of $1.10 billion for the quarter. NCR Atleos had a return on equity of 76.97% and a net margin of 6.07%.
Institutional Investors Weigh In On NCR Atleos
Several hedge funds have recently modified their holdings of the stock. Ieq Capital LLC grew its position in NCR Atleos by 24.9% in the 3rd quarter. Ieq Capital LLC now owns 5,824 shares of the company’s stock valued at $263,000 after buying an additional 1,160 shares during the last quarter. Global Retirement Partners LLC raised its position in NCR Atleos by 39.7% during the 3rd quarter. Global Retirement Partners LLC now owns 1,192 shares of the company’s stock worth $54,000 after buying an additional 339 shares during the last quarter. HighTower Advisors LLC raised its position in NCR Atleos by 10.2% during the 3rd quarter. HighTower Advisors LLC now owns 6,870 shares of the company’s stock worth $310,000 after buying an additional 638 shares during the last quarter. Alberta Investment Management Corp purchased a new position in NCR Atleos during the 3rd quarter worth $3,134,000. Finally, Fifth Third Bancorp lifted its stake in shares of NCR Atleos by 25.7% in the 3rd quarter. Fifth Third Bancorp now owns 54,072 shares of the company’s stock worth $2,443,000 after acquiring an additional 11,062 shares during the period. 88.66% of the stock is owned by institutional investors and hedge funds.
About NCR Atleos
NCR Atleos Corporation provides automated teller machine (ATM) solutions and services to financial institutions, retailers and other businesses. Its offerings include ATM hardware and software, ATM deployment and management, transaction processing, and services that support cash replenishment and equipment maintenance. The company also provides managed ATM services, including solutions that allow customers to outsource parts or all of their ATM operations. Its services are designed to help clients maintain and operate ATM networks and provide consumers with access to cash and other self-service banking functions.
Further Reading
- Five stocks we like better than NCR Atleos
- Is Buying the NVIDIA Dip a Mistake? 3 Value Stocks Offer a Different Path Forward
- Costco’s Record $30 Dividend Shows Just How Strong Its Cash Machine Is
- Heavy Lifting: Can USA Rare Earth Turn Its First Sales Into Big Profits?
- These 3 Stocks Have Bought Back Billions, But Which Offers the Best Value?
Receive News & Ratings for NCR Atleos Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NCR Atleos and related companies with MarketBeat.com's FREE daily email newsletter.
