NCR Atleos Corp (NATL) Shares Plummet Below 1-Year High

NCR Atleos Corp (NYSE: NATL)’s stock price has gone decline by -0.86 in comparison to its previous close of 28.33, however, the company has experienced a 0.24% increase in its stock price over the last five trading days. businesswire.com reported 2024-06-05 that ATLANTA–(BUSINESS WIRE)–NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced it has deployed its first multi-bank deposit ATMs in the UK. Deposit-taking ATMs are vital for cash-reliant UK consumers. Atleos is initially deploying deposit-taking ATMs connected to the LINK ATM network in major retailers. The first deployment was in the Co-op Food store in Ormskirk, and was followed.

Is It Worth Investing in NCR Atleos Corp (NYSE: NATL) Right Now?

Analysts have mixed views on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for NATL is 70.40M, and currently, short sellers hold a 4.47% ratio of that float. The average trading volume of NATL on June 26, 2024 was 640.28K shares.

NATL’s Market Performance

The stock of NCR Atleos Corp (NATL) has seen a 0.24% increase in the past week, with a -0.86% drop in the past month, and a 45.53% gain in the past quarter. The volatility ratio for the week is 4.03%, and the volatility levels for the past 30 days are at 3.39% for NATL. The simple moving average for the past 20 days is 1.55% for NATL’s stock, with a 23.03% simple moving average for the past 200 days.

Analysts’ Opinion of NATL

Many brokerage firms have already submitted their reports for NATL stocks, with Goldman repeating the rating for NATL by listing it as a “Neutral.” The predicted price for NATL in the upcoming period, according to Goldman is $23 based on the research report published on March 18, 2024 of the current year 2024.

Wolfe Research, on the other hand, stated in their research note that they expect to see NATL reach a price target of $30. The rating they have provided for NATL stocks is “Outperform” according to the report published on January 11th, 2024.

NATL Trading at 12.10% from the 50-Day Moving Average

After a stumble in the market that brought NATL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -3.81% of loss for the given period.

Volatility was left at 3.39%, however, over the last 30 days, the volatility rate increased by 4.03%, as shares surge +2.44% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +37.92% upper at present.

During the last 5 trading sessions, NATL rose by +0.46%, in comparison to the 20-day moving average, which settled at $27.69. In addition, NCR Atleos Corp saw 15.63% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at NATL starting from DuVall Andrew R, who sale 83 shares at the price of $22.00 back on Dec 07 ’23. After this action, DuVall Andrew R now owns 5,495 shares of NCR Atleos Corp, valued at $1,826 using the latest closing price.

Stock Fundamentals for NATL

Current profitability levels for the company are sitting at:

  • 0.07 for the present operating margin
  • 0.22 for the gross margin

The net margin for NCR Atleos Corp stands at -0.04. The total capital return value is set at 0.07. Equity return is now at value -7.33, with -2.26 for asset returns.

Based on NCR Atleos Corp (NATL), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 10.75. The interest coverage ratio of the stock is 1.68.

Currently, EBITDA for the company is 451.0 million with net debt to EBITDA at 5.63. When we switch over and look at the enterprise to sales, we see a ratio of 1.11. The receivables turnover for the company is 5.73for trailing twelve months and the total asset turnover is 0.74. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.05.

Conclusion

To put it simply, NCR Atleos Corp (NATL) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

Related Posts