Before Investing In NCR Atleos Corp (NYSE:NATL), Here Are Some Things To Consider

The stock of NCR Atleos Corp (NYSE:NATL) last traded at $28.33, up 1.91% from the previous session.

NATL stock price is now 30.15% away from the 50-day moving average and 27.75% away from the 200-day moving average. The market capitalization of the company currently stands at $2.04B.

Top 5 Artificial Intelligence Stocks to Buy for 2024

By now, you're well aware of the artificial intelligence boom. You know Big Tech has been investing billions of dollars into it. According to Next Move Strategy Consulting, the AI market – currently valued at about $100 billion – cold grow twenty-fold by 2030 to more than $2 trillion. That means you may want to strongly consider these top AI stocks. Get our free report, "Top 5 AI Stocks to Buy in 2024."

Click here to automatically get the our FREE Report & Special Offer "5 Best AI Stocks to Invest In"

Sponsored

With the price target of $23, Goldman recently initiated with Neutral rating for NCR Atleos Corp (NYSE: NATL). On January 11, 2024, Wolfe Research recently initiated its ‘Outperform’ rating on the stock quoting a target price of $30

In other news, DuVall Andrew R, Vice President sold 83 shares of the company’s stock on Dec 07 ’23. The stock was sold for $1,826 at an average price of $22.00. Upon completion of the transaction, the Vice President now directly owns 5,495 shares in the company, valued at $0.16 million. A total of 2.32% of the company’s stock is owned by insiders.

During the past 12 months, NCR Atleos Corp has had a low of $18.00 and a high of $28.82. As of last week, the company has a debt-to-equity ratio of 10.75, a current ratio of 1.05, and a quick ratio of 0.88. The fifty day moving average price for NATL is $21.9302 and a two-hundred day moving average price translates $22.228765 for the stock.

The latest earnings results from NCR Atleos Corp (NYSE: NATL) was released for 2024-03-31. According to the Software – Application Company, earnings per share came in at 0.41, beating analysts’ expectations of 0.37 by 0.04. This compares to $0.52 EPS in the same period last year. The net profit margin was -4.09% and return on equity was -7.33% for NATL. The company reported revenue of $1.05 billion for the quarter, compared to $986.0 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.49 percent. For the current quarter, analysts expect NATL to generate $1.08B in revenue.

Related Posts