NCR Atleos Corp (NYSE: NATL) stock fell -2.77% on Friday to $22.44 against a previous-day closing price of $23.08. With 0.93 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.53 million shares. During the session, the Software – Application company that operates in wider Technology sector, reached to the highest price of $23.28 whereas the lowest price it dropped to was $22.31. The 52-week range on NATL shows that it touched its highest point at $26.00 and its lowest point at $18.00 during that stretch. It currently has a 1-year price target of $25.00.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NATL was down-trending over the past week, with a drop of -4.47%, but this was up by 1.54% over a month.
Float and Shares Shorts:
On Oct 30, 2023, short shares totaled 2.95 million, which was 4.18% higher than short shares on . In addition to Mr. Timothy C. Oliver as the firm’s CEO, President & Director, Mr. Stuart MacKinnon serves as its Executive VP & Chief Operating Officer.
Institutional Ownership:
Other institutions hold 46.41% of NATL, in contrast to 44.54% held by mutual funds. As the largest shareholder in NATL with 10.13% of the stake, The Vanguard Group, Inc. holds 7,149,845 shares worth 7,149,845. A second-largest stockholder of NATL, BlackRock Fund Advisors, holds 5,570,688 shares, controlling over 7.89% of the firm’s shares. SSgA Funds Management, Inc. is the third largest shareholder in NATL, holding 2,760,528 shares or 3.91% stake. With a 6.38% stake in NATL, the iShares Core S&P Small Cap ETF is the largest stakeholder. A total of 4,502,659 shares are owned by the mutual fund manager. The Vanguard Total Stock Market ETF, which owns about 2.95% of NATL stock, is the second-largest Mutual Fund holder. It holds 2,079,319 shares valued at 45.87 million. Undiscovered Managers Behavioral holds 2.81% of the stake in NATL, owning 1,984,655 shares worth 43.78 million.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NATL since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential. With NATL analysts setting a high price target of $25.00 and a low target of $25.00, the average target price over the next 12 months is $25.00. Based on these targets, NATL could surge 11.41% to reach the target high and rise by 11.41% to reach the target low. Reaching the average price target will result in a growth of 11.41% from current levels.
