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.
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.
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.
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.