NCR Atleos Corporation

Description

NCR Atleos Corporation operates as a financial technology company in the United States, rest of the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through three segments: Self-Service Banking, Network, and Telecommunications & Technology (T&T). The Self-Service Banking segment offers solutions, including a line of automated teller machine (ATM) and interactive teller machine (ITM) hardware and software, as well as related installation, maintenance, and managed and professional services; and solutions to manage and run the ATM channel end-to-end for financial institutions comprising back office, cash management, software management and ATM deployment, and others. The Network segment provides a network of ATMs and multi-functioning financial services kiosks for financial institutions, fintechs, neobanks, and retailers; Allpoint network for credit unions, banks, digital banks, fintechs, stored-value debit card issuers, and other consumer financial services providers; ReadyCode to convert a digital value to cash or cash to a digital value; ATM branding solutions to financial institutions; ATM management and services to retailers and other businesses; and engages in the buying and selling of Bitcoins. The T&T segment offers managed network and infrastructure services to enterprise clients across various industries through communications service providers and technology manufacturers; and professional, field, and remote services for modern network technologies, including software-defined wide area networking, network functions virtualization, wireless local area networks, optical networking, and edge networks. NCR Atleos Corporation is headquartered in Atlanta, Georgia.

About

CEO
Mr. Timothy C. Oliver
Employees
20,000
Instrument type
Common Stock
Sector
Technology
Industry
Software - Application
MIC code
XNYS
Address
864 Spring Street Northwest, Atlanta, GA 30308, United States
Phone
937-445-1936
Website
Chart Image
× Enlarged Chart
Oscillators
No data available
Summary
No data available
Moving Averages
No data available

Earnings

Date Estimate EPS Actual EPS Difference % Surprise
Nov 11, 2025
Aug 12, 2025
May 13, 2025
Feb 13, 2025
Nov 13, 2024 0.79 0.89 0.10 12.66%

Earnings estimate

Next Quarter
(Mar 2025)
Next Year
(Dec 2025)
Number of analysts 4 5
Average estimate 0.64 4.01
Low estimate 0.57 3.60
High estimate 0.78 4.57
Last year EPS 0.41 3.15
[stock_revenue_estimate]

Growth estimates

Current qtr
Next qtr. (Mar 2025)
54.880%
Current year
Next year (Dec 2025)
27.400%
Next 5 years (per annum)
Past 5 years (per annum)

Analyst Ratings

Date Firm Action Rating Price Target
Nov 14, 2024
Goldman Sachs
George Tong
Maintains Neutral ▲ Raises $29 → $33
Oct 2, 2024
DA Davidson
Matt Summerville
Maintains Buy Maintains $48
Oct 2, 2024
Stifel
Shlomo Rosenbaum
Initiates Hold Announces $31
Aug 15, 2024
Goldman Sachs
George Tong
Maintains Neutral ▲ Raises $26 → $29
May 16, 2024
DA Davidson
Matt Summerville
Maintains Buy ▲ Raises $30 → $48
May 15, 2024
Goldman Sachs
George Tong
Maintains Neutral ▲ Raises $23 → $26
Mar 18, 2024
Goldman Sachs
George Tong
Initiates Neutral Announces $23
Jan 11, 2024
Wolfe Research
Michael O'Brien
Initiates Outperform Announces $30
Apr 15, 2016
Raymond James
Downgrade Underperform
Aug 11, 2015
Raymond James
Upgrade Market Perform
Feb 27, 2013
B of A Securities
Maintains Underperform ▲ Raises $28 → $29

Income statement

2023 2022 2021 2020
Fiscal date 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total reported revenue 4.19B 4.13B 3.55B 2.99B
Cost of revenue 3.26B 3.21B 2.66B 2.32B
Gross profit 933.00M 919.00M 892.00M 670.00M
Operating expense
Research & development 77.00M 64.00M 107.00M 87.00M
Selling general and admin 585.00M 586.00M 537.00M 367.00M
Other operating expenses
Operating income 271.00M 269.00M 248.00M 216.00M
Non operating interest income
Income
Expense 90.00M 31.00M 49.00M 6.00M
Other income expense -74.00M -81.00M 52.00M 30.00M
Pretax income 107.00M 157.00M 251.00M 240.00M
Tax provision 239.00M 50.00M 64.00M 48.00M
Net income -132.00M 107.00M 187.00M 192.00M
Basic EPS -1.90 1.53 2.63 2.71
Diluted EPS -1.90 1.53 2.63 2.71
Basic average shares 70.60M 70.60M 70.60M 70.60M
Diluted average shares 70.60M 70.60M 70.60M 70.60M
EBITDA 451.00M 447.00M 459.00M 279.00M
Net income from continuing op. -132.00M 107.00M 187.00M 192.00M
Minority interests -2.00M 1.00M -1.00M -1.00M
Preferred stock dividends

Balance sheet

2023 2022 2021
Fiscal date 2023-12-31 2022-12-31 2021-12-31
Total assets 5.74B 5.77B 5.58B
Current assets
Cash
Cash equivalents
Cash and cash equivalents 339.00M 293.00M 238.00M
Other short term investments
Accounts receivable 714.00M 455.00M 399.00M
Other receivables
Inventory 333.00M 419.00M 467.00M
Prepaid assets
Restricted cash 238.00M 204.00M 231.00M
Assets held for sale
Hedging assets
Other current assets 271.00M 231.00M 204.00M
Non current assets
Properties 146.00M 86.00M 100.00M
Land and improvements 1.00M 1.00M 1.00M
Machinery furniture equipment 909.00M 645.00M 582.00M
Construction in progress
Leases
Accumulated depreciation -539.00M -302.00M -214.00M
Goodwill 4.54B 4.63B 4.63B
Investment properties
Financial assets
Intangible assets 635.00M 729.00M 815.00M
Investments and advances
Other non current assets 427.00M 1.11B 604.00M
Total liabilities 5.45B 2.51B 3.24B
Current liabilities
Accounts payable 500.00M 350.00M 389.00M
Accrued expenses 151.00M 69.00M 120.00M
Short term debt 76.00M 108.00M 208.00M
Deferred revenue 325.00M 356.00M 332.00M
Tax payable
Pensions
Other current liabilities 695.00M 473.00M 541.00M
Non current liabilities
Long term debt 3.05B 776.00M 1.25B
Provision for risks and charges 36.00M 39.00M 44.00M
Deferred liabilities 34.00M 201.00M 182.00M
Derivative product liabilities
Other non current liabilities 141.00M 103.00M 120.00M
Shareholders equity
Common stock 1.00M
Retained earnings 181.00M
Other shareholders equity 86.00M -63.00M -98.00M
Total shareholders equity 287.00M 3.26B 2.34B
Additional paid in capital 16.00M
Treasury stock
Minority interest 3.00M -1.00M 3.00M

Cash flow statement

2023202220212020
Operating Activities
Net Income-132.00M107.00M187.00M192.00M
Depreciation254.00M259.00M159.00M33.00M
Deferred Taxes74.00M-28.00M19.00M-11.00M
Stock-Based Compensation68.00M66.00M82.00M48.00M
Other Non-Cash Items-7.00M
Accounts Receivable-52.00M-78.00M70.00M159.00M
Accounts Payable
Other Assets & Liabilities26.00M-195.00M76.00M
Operating Cash Flow212.00M352.00M322.00M490.00M
Investing Activities
Capital Expenditures
Net Intangibles
Net Acquisitions-1.00M-78.00M-2.35B
Purchase of Investments-10.00M
Sale of Investments
Investing Cash Flow-184.00M-320.00M-2.38B-30.00M
Financing Activities
Long-Term Debt Issuance3.64B68.00M1.19B25.00M
Long-Term Debt Payments-490.00M-606.00M-10.00M-23.00M
Other Financing Charges-3.12B721.00M1.17B-340.00M
Financing Cash Flow1.92B183.00M2.35B-338.00M
Other Cash Details
End Cash Position586.00M499.00M470.00M170.00M
Income Tax Paid69.00M32.00M42.00M48.00M
Interest Paid72.00M55.00M17.00M9.00M
Free Cash Flow223.00M177.00M338.00M380.00M

Top Institutional Holders

Holder Date Reported Shares Value % Held
iShares Core S&P Smallcap ETF Nov 30, 2024 4,735,068 149.86M 6.53%
Vanguard Total Stock Market Index Fund Sep 30, 2024 2,263,479 71.64M 3.12%
iShares Russell 2000 ETF Nov 30, 2024 2,053,736 65.00M 2.83%
Undiscovered Managers Behavioral Value Fund Sep 30, 2024 2,019,891 63.93M 2.79%
FPA Funds Tr-FPA Crescent Fund Sep 30, 2024 1,845,291 58.40M 2.55%
Victory Portfolios-Sycamore Small Company Opportunity Fund Sep 30, 2024 1,809,000 57.25M 2.50%
Vanguard Small-Cap Index Fund Sep 30, 2024 1,807,739 57.21M 2.49%
Fidelity Value Fund Nov 30, 2024 1,786,350 56.54M 2.46%
AB Cap Fd.-AB Small Cap Growth Port Dec 31, 2024 1,463,223 46.31M 2.02%
Brown Advisory Fds-Brown Advisory Small Cap Fund Value Fd Nov 30, 2024 1,400,001 44.31M 1.93%
NCR Atleos Honored with ATMIA Outstanding Service Award Article
NCR Atleos Honored with ATMIA Outstanding Service Award
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has received the ATM Industry Association (ATMIA) Outstanding Service Award. The award recognizes Atleos' exceptional contributions to the industry, highlighting its long-term positive influence, excellence in technology and service, leadership in best practices, and specific, measurable achieve.
Business Wire Neutral
Feb 7, 2025
NCR Atleos' Cashzone Network Expands into Italy, Enabling Convenient Access to Cash Article
NCR Atleos' Cashzone Network Expands into Italy, Enabling Convenient Access to Cash
ATLANTA--(BUSINESS WIRE)--NCR Atleos Corporation (NYSE: NATL) (“Atleos”), a leader in expanding self-service financial access for financial institutions, retailers and consumers, today announced that it has expanded its ATM network, under the Cashzone brand, into Italy, providing easy access to cash for both residents and tourists. Atleos is the world's largest independent ATM operator. This marks the thirteenth country worldwide in which Atleos has an ATM network presence. Italy is a cash-depe.
Business Wire Neutral
Feb 6, 2025
NCR Atleos: Spin-Off, FCF And Capacity Increase Make The Stock A Buy Article
NCR Atleos: Spin-Off, FCF And Capacity Increase Make The Stock A Buy
NCR Atleos Corporation's recent spin-off has positioned it for accelerated business growth, with significant revenue and net income growth expected post-2025 as spin-off costs diminish. The company's strategic acquisitions, including Cardtronics and LibertyX, are set to enhance its service offerings and financial flexibility, driving future revenue and FCF growth. Despite seasonal revenue fluctuations and high debt levels, NATL's positive cash flow and increased capacity indicate a strong potential for stock demand and price appreciation.
Seeking Alpha Positive
Jan 30, 2025
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