NCR Atleos (NYSE:NATL) Stock Rating Upgraded by Wall Street Zen

NCR Atleos (NYSE:NATL) was upgraded by equities research analysts at Wall Street Zen to a “buy” rating in a report released on Saturday, Wall Street Zen reports.

Separately, Weiss Ratings raised NCR Atleos from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $50.27.

NCR Atleos Stock Down 0.0%

Shares of NYSE NATL opened at $45.80 on Friday. The stock has a market capitalization of $3.38 billion, a P/E ratio of 17.75 and a beta of 0.57. 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 has a one year low of $33.31 and a one year high of $48.50. The firm’s 50 day simple moving average is $46.02 and its two-hundred day simple moving average is $44.41.

NCR Atleos (NYSE:NATL) last released its quarterly earnings data 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 return on equity of 83.41% and a net margin of 4.44%. The firm had revenue of $1.10 billion during the quarter.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of NCR Atleos by 198.2% during the 1st quarter. Bank of America Corp DE now owns 1,861,433 shares of the company’s stock valued at $81,121,000 after acquiring an additional 1,237,227 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of NCR Atleos in the second quarter worth $20,240,000. Maven Securities LTD purchased a new position in shares of NCR Atleos during the second quarter worth $7,002,000. Arrowstreet Capital Limited Partnership increased its holdings in NCR Atleos by 201.9% in the first quarter. Arrowstreet Capital Limited Partnership now owns 211,815 shares of the company’s stock valued at $9,231,000 after buying an additional 141,658 shares in the last quarter. Finally, Caxton Associates LLP purchased a new stake in NCR Atleos during the 1st quarter worth approximately $6,026,000. 88.66% of the stock is currently owned by institutional investors.

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.