NCR Atleos (NATL) closed the last trading session at $27.04, gaining 5.3% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $43.20 indicates a 59.8% upside potential.The mean estimate comprises five short-term price targets with a standard deviation of $14.38. While the lowest estimate of $29 indicates a 7.3% increase from the current price level, the most optimistic analyst expects ...

Investors might want to bet on NCR Atleos (NATL) , as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Since a changi ...

Fourth Quarter and Full Year 2024 Earnings Call Tim Oliver, President & Chief Executive Officer Andy Wamser, Chief Financial Officer Stuart Mackinnon, Chief Operating Officer 1 FORWARD-LOOKING STATEMENTS This presentation contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 (the "Act"). ...

Core Insights - NCR Atleos reported quarterly earnings of $1.11 per share, exceeding the Zacks Consensus Estimate of $1.06 per share, and showing a significant increase from $0.69 per share a year ago, resulting in an earnings surprise of 4.72% [1] - The company posted revenues of $1.11 billion for the quarter ended December 2024, slightly missing the Zacks Consensus Estimate by 0.18%, and compared to year-ago revenues of $1.1 billion [2] - NCR Atleos shares have underperformed the market, losing about 16.2% since the beginning of the year, while the S&P 500 has gained 1.2% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.57 on revenues of $1.04 billion, and for the current fiscal year, it is $3.68 on revenues of $4.37 billion [7] - The estimate revisions trend for NCR Atleos is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Internet - Software industry, to which NCR Atleos belongs, is currently in the top 34% of over 250 Zacks industries, suggesting that stocks in the top 50% outperform those in the bottom 50% by more than 2 to 1 [8] - Another company in the same industry, DocuSign, is expected to report quarterly earnings of $0.84 per share, reflecting a year-over-year change of +10.5%, with revenues anticipated to be $759.96 million, up 6.7% from the previous year [9][10]

Company Overview - NCR Atleos Corporation completed its separation from NCR Corporation on October 16, 2023, launching as an independent publicly-traded company[14]. - The company operates approximately 78,000 self-service banking terminal locations, including the Allpoint network, which is the largest retail surcharge-free independent network of ATMs in the U.S.[19]. - The company serves banks and credit unions in over 140 countries, with a significant presence in retail channels through long-term contracts with major merchants[35]. Revenue Generation and Business Model - The company generates diversified and largely recurring revenues across contracted software, services, and predictable transactional revenue streams, with a focus on increasing transaction levels at existing locations[23]. - The ATM as a Service (ATMaaS) model is expected to double recurring revenue compared to traditional ATM hardware and maintenance contracts, expanding the total addressable market[27]. - As of December 31, 2024, the company has ATM networks in 12 countries and generated 55% of its revenue outside the United States in 2024[27]. - The company aims to execute its ATM as a Service strategy to enhance software and services revenue, as well as recurring revenue[93]. - The company derives a significant portion of its revenues from ATM transaction fees, which could decline due to reduced ATM usage or competitive pricing pressures[102]. Strategic Initiatives and Growth Plans - The company aims to invest in international expansion, particularly in high cash jurisdictions like Italy and other EU countries[27]. - NCR Atleos intends to pursue strategic acquisitions to complement and accelerate its organic growth strategies[27]. - The company plans to grow the Allpoint network to drive high-margin incremental transaction volumes as banks reduce physical footprints[27]. - Atleos aims to expand its customer base by increasing the use of indirect sales channels and targeting the small- to medium-business market[86]. Innovation and Technology - The company is transitioning to software-led solutions, with a cloud-based software platform that integrates with customer systems, enhancing recurring revenue opportunities[21]. - Atleos is investing in data analytics to better understand ATM usage patterns and identify growth opportunities[25]. - Research and development expenses were $66 million in 2024, $77 million in 2023, and $64 million in 2022, indicating a focus on innovation and maintaining competitive position[37]. Employee and Talent Management - As of December 31, 2024, Atleos had approximately 20,000 employees globally, with 40% in Europe, Middle East and Africa, 26% in Asia Pacific, 17% in the Americas (excluding the U.S.), and 17% in the U.S.[61]. - Atleos established a university hiring program, welcoming 200 intern and graduate hires in its inaugural year[65]. - The company has launched training and development resources via LinkedIn Learning and NCRA U, enhancing employee engagement and skill development[65]. - Atleos is focused on expanding internal talent development programs to enhance employee engagement and retention[65]. Risk Management and Compliance - The Chief Risk Officer oversees enterprise risk management programs, ensuring effective identification and response to material risks[50]. - Atleos closely monitors the evolving regulatory environment, which could lead to changes in its business operations, particularly in the virtual currency space[66]. - The company is subject to various government regulations, including those related to environmental protection and anti-corruption laws, which may impact its operations[64]. - Atleos must comply with Section 404 of the Sarbanes-Oxley Act by December 31, 2024, to ensure the reliability of its financial statements, or risk a decline in stock price[172]. Financial Position and Debt - Atleos has approximately $2,994 million of outstanding indebtedness and an additional $350 million available under a senior secured revolving credit facility[128]. - The underfunded status of the U.S. pension plan was $279 million as of December 31, 2024, while the non-U.S. pension plans had a funded position of $162 million[145]. - The company plans to use debt and other financing sources to maintain and grow its business, but future access to financing is uncertain[139]. Environmental and Social Responsibility - The company is committed to environmental management, utilizing remote sensing technology to reduce maintenance visits and carbon footprint[57]. - Atleos emphasizes supplier responsibility, requiring compliance with ethical standards and environmental regulations from its suppliers[59]. - Climate change poses long-term risks to business continuity, with potential impacts from extreme weather events affecting operations in vulnerable regions[119]. Cybersecurity and Data Protection - Atleos has established an Enterprise Risk Management (ERM) program to manage cybersecurity risks alongside other business risks[199]. - The company employs various cybersecurity measures, including firewalls and encryption, to protect against cyberattacks[200]. - Data protection and cybersecurity issues are significant risks, with potential breaches leading to reputational harm and financial losses[123]. Market and Competitive Landscape - Atleos faces intense competition in the technology industry from major players like Visa, Mastercard, and Fiserv, which may affect market share and profitability[88]. - The company is exposed to risks from domestic and global economic conditions, which could adversely affect its financial performance[82]. - Recent bank failures in 2023 and 2024 have created uncertainty in the banking industry, potentially affecting sales and business operations[98].

NEWS RELEASE NCR Atleos Announces Fourth Quarter and Full Year 2024 Results ATLANTA, March 3, 2025 - NCR Atleos Corporation (NYSE: NATL) ("Atleos") reported financial results today for the three and twelve months ended December 31, 2024. Fourth quarter and full year results and other recent highlights include: "The fourth quarter was a strong finish to an outstanding first full year for Atleos. Superior focus and execution across the Company enabled us to achieve key objectives for the year and build positi ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1][2]. Company Overview: NCR Atleos (NATL) - NCR Atleos currently holds a Momentum Style Score of B, indicating a favorable position in momentum investing [3]. - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [4][12]. Price Performance - Over the past week, NATL shares increased by 1.77%, while the Zacks Internet - Software industry rose by 1.89% [7]. - In a longer timeframe, NATL's shares have appreciated by 12% monthly, compared to the industry's 3.37% [7]. - Over the last quarter, NATL shares have risen by 19.67%, and over the past year, they have gained 55.43%, significantly outperforming the S&P 500's increases of 9.93% and 33.15%, respectively [8]. Trading Volume - The average 20-day trading volume for NATL is 478,682 shares, which serves as a bullish indicator when combined with rising stock prices [9]. Earnings Outlook - In the past two months, one earnings estimate for NATL has increased, while none have decreased, raising the consensus estimate from $3.10 to $3.18 [11]. - For the next fiscal year, one estimate has also moved upwards with no downward revisions, indicating positive earnings momentum [11].

Core Viewpoint - Momentum investing focuses on "buying high and selling higher," contrasting with traditional strategies of "buying low and selling high" [1] Group 1: Momentum Investing Strategy - Momentum investing can be risky as stocks may lose momentum when their valuations exceed future growth potential [1] - Investing in bargain stocks with recent price momentum may be a safer approach [2] Group 2: NCR Atleos (NATL) Stock Analysis - NCR Atleos (NATL) has shown a four-week price change of 12%, indicating growing investor interest [3] - Over the past 12 weeks, NATL's stock gained 19.7%, demonstrating its ability to deliver positive returns over a longer timeframe [4] - NATL has a beta of 1.29, suggesting it moves 29% higher than the market in either direction [4] - NATL has a Momentum Score of B, indicating a favorable time to invest [5] - The stock has a Zacks Rank 1 (Strong Buy) due to upward trends in earnings estimate revisions, which attract more investors [6] - NATL is trading at a Price-to-Sales ratio of 0.57, suggesting it is undervalued at 57 cents for each dollar of sales [6] Group 3: Additional Investment Opportunities - Besides NATL, there are other stocks that meet the criteria of the 'Fast-Paced Momentum at a Bargain' screen [7] - Zacks offers over 45 Premium Screens to help identify potential winning stocks based on various investing styles [8]

Core Insights - Three stocks with strong value characteristics and a buy rank are highlighted for investors to consider on December 6 Group 1: NCR Atleos Corporation (NATL) - NCR Atleos Corporation is a financial technology company with a Zacks Rank 1 [1] - The Zacks Consensus Estimate for its current year earnings has increased by 2.6% over the last 60 days [1] - The company has a price-to-earnings ratio (P/E) of 10.85, compared to the industry average of 15.20 [1] - NCR Atleos possesses a Value Score of A [1] Group 2: ScanSource, Inc. (SCSC) - ScanSource, Inc. is a technology distribution company with a Zacks Rank 1 [2] - The Zacks Consensus Estimate for its current year earnings has increased by 8.3% over the last 60 days [2] - The company has a price-to-earnings ratio (P/E) of 15.03, compared to the industry average of 25.36 [2] - ScanSource possesses a Value Score of A [2] Group 3: Unity Bancorp, Inc. (UNTY) - Unity Bancorp, Inc. is a bank holding company for Unity Bank with a Zacks Rank 1 [3] - The Zacks Consensus Estimate for its current year earnings has increased by 2.6% over the last 60 days [3] - The company has a price-to-earnings ratio (P/E) of 11.35, compared to the industry average of 13.50 [3] - Unity Bancorp possesses a Value Score of B [3]

NCR Atleos Corporation (NYSE:NATL) Q3 2024 Earnings Conference Call November 13, 2024 8:30 AM ET Company Participants Brendan Metrano - Head of IR Tim Oliver - CEO Paul Campbell - CFO Conference Call Participants Matt Summerville - D.A. Davidson Shlomo Rosenbaum - Stifel George Tong - Goldman Sachs Chris Senyek - Wolfe Research Operator Please stand by. Good day and welcome to the NCR Atleos Third Quarter Earnings Call. Today's conference is being recorded. At this time, I would like to turn the conference ...