NCR Atleos (NYSE:NATL) Issues Quarterly Earnings Results

NCR Atleos (NYSE:NATL) posted its quarterly earnings results on Wednesday. The company reported $1.35 EPS for the quarter, FiscalAI reports. The company had revenue of $1.10 billion for the quarter. NCR Atleos had a net margin of 6.07% and a return on equity of 76.97%.

NCR Atleos Price Performance

Shares of NATL stock traded up $0.25 during mid-day trading on Friday, hitting $47.24. 1,089,254 shares of the stock were exchanged, compared to its average volume of 821,762. NCR Atleos has a 52-week low of $33.31 and a 52-week high of $48.60. The company has a quick ratio of 0.83, a current ratio of 0.90 and a debt-to-equity ratio of 4.36. The company has a market cap of $3.49 billion, a PE ratio of 13.46 and a beta of 0.57. The firm has a fifty day moving average of $46.06 and a 200 day moving average of $44.55.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the company. Wall Street Zen upgraded NCR Atleos to a “buy” rating in a research note on Saturday, October 31st. 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’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $50.27.

Hedge Funds Weigh In On NCR Atleos

Institutional investors and hedge funds have recently modified their holdings of the business. Sound Income Strategies LLC raised its position in 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 stake in shares of NCR Atleos in the second quarter valued at about $83,000. Sterling Capital Management LLC grew its position in shares of NCR Atleos by 839.6% in the third quarter. Sterling Capital Management LLC now owns 2,443 shares of the company’s stock valued at $110,000 after purchasing an additional 2,183 shares during the period. Nisa Investment Advisors LLC increased its stake in shares of NCR Atleos by 9.9% during the third quarter. Nisa Investment Advisors LLC now owns 3,316 shares of the company’s stock worth $150,000 after purchasing an additional 300 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of NCR Atleos during the second quarter worth about $161,000. Hedge funds and other institutional investors own 88.66% of the company’s stock.

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.