Last Updated: 19 Sep 2024
Executive Summary
NCR Atleos Corporation (NATL) is a financial technology company with a market capitalization of $2.06 billion. The company has been facing challenges in recent quarters, with a decline in quarterly earnings growth and a negative EPS. However, analysts are still bullish on the stock, with a median target price of $37. The latest stock price is $28.47, which is below the target price.
Company Overview
NCR Atleos Corporation is a leading provider of financial technology solutions to banks, retailers, and other businesses. The company's products and services include ATMs, self-service kiosks, and software solutions. NCR Atleos has a global presence, with operations in over 180 countries.
Fundamental Analysis
NCR Atleos's financial performance has been mixed in recent quarters. The company's revenue has grown steadily, but its earnings have declined. In the most recent quarter, NCR Atleos reported a loss per share of $2.80. The company's profit margin is also negative, at -0.047%.
NCR Atleos's balance sheet is strong, with $1.2 billion in cash and equivalents. The company also has a low level of debt, with a debt-to-equity ratio of 0.24.
Technical Analysis
NCR Atleos's stock price has been trending lower in recent months. The stock is currently trading below its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also below 50, which indicates that the stock is oversold.
Short Term Outlook
NCR Atleos's stock price is likely to remain under pressure in the short term. The company's earnings are expected to continue to decline, and the stock is trading below its moving averages.
Long Term Outlook
NCR Atleos's long-term outlook is more positive. The company is a leader in the financial technology industry, and it has a strong balance sheet. The company's stock is also trading at a discount to its intrinsic value.
Analyst Recommendations
Analysts are bullish on NCR Atleos's stock. The median target price is $37, which is 29% above the current price. One analyst has a strong buy rating on the stock, one has a buy rating, and one has a hold rating.
