After hours: 4:26PM EDT
|Bid||27.00 x 1100|
|Ask||28.77 x 1100|
|Day's Range||28.09 - 28.71|
|52 Week Range||20.93 - 34.57|
|Beta (3Y Monthly)||1.87|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Moody's Investors Service ("Moody's") downgraded NCR Corporation's ("NCR") Corporate Family Rating ("CFR") to B1 from Ba3 and its Probability of Default Rating ("PDR") to B1-PD from Ba3-PD. Moody's also downgraded the ratings on the company's senior unsecured notes to B2 from B1 while affirming the Speculative Grade Liquidity (SGL) rating of SGL-2. The ratings downgrades reflect the meaningful decline in NCR's operating performance and credit metrics over the past year and Moody's concerns related to the company's ability to materially reduce debt leverage from current elevated levels.
Northgate opts for NCR's cloud-based retail POS solution, NCR Emerald, to drive its digital conversion and improve customer relations.
After a brief spike higher, Square (NYSE:SQ) has fallen below the levels it saw before the Feb. 27 earnings announcement. Investors have sold Square stock, as concerns about valuation and slowing profit growth weigh on the equity. * 7 Dark Horse Stocks That Deserve Your Attention in 2019 Source: Chris Harrison via Flickr (Modified) However, the "slowing" profit growth remains massive. Furthermore, Square's moves into cash registers, payroll processing and banking have formed a compelling ecosystem. This influence calls into question the future of many long-standing financial businesses. Considering SQ's transformational power in the finance business, I would recommend using the recent decline to look for a buy point in Square stock. As I've pointed out in previous articles, Square stock is the financial tech stock of the 2010s. Much like Intuit (NASDAQ:INTU) in the 1990s and PayPal (NASDAQ:PYPL) in the early 2000s, Square carved out a financial niche that the large players could not push aside. Now, Square has built an ecosystem that has helped it to grow beyond its place as a niche player. Beware the Square EcosystemPut simply, Square has grown with the small businesses it continues to support. Admittedly, when venturing beyond phone-based platforms, both the Square Cash Register and the Cash App seem like natural extensions. As of the end of 2018, the Cash App had already grown to 15 million accounts, up from just seven million in 2017.InvestorPlace - Stock Market News, Stock Advice & Trading TipsHowever, now Square has moved into many other areas such as scheduling, payroll systems and even small business loans. This system has become so powerful that customers who left had Square seeking cheaper payment processing solutions, returned to the fold.These moves should also make one wonder about the future of the more traditional financial stocks. For one, Square's small-business lending threatens the type of loans made by community banks, many of whom already struggle to provide high-tech banking services.However, the power of the Square ecosystem threatens more than just community banks. Square Cash Register pressures the company formerly known as National Cash Register, NCR (NYSE:NCR). Square Payroll threatens the business of ADP (NASDAQ:ADP). Moreover, between the Cash App and Square's loan business, what need will consumers have for a Bank of America (NYSE:BAC) or a Visa (NYSE:V)? Buy Square Stock… If It Pulls BackAll of these companies have time to adapt. For that reason, I will not predict their demise. However, given the power of this ecosystem, it is little wonder why Square stock has commanded such high multiples. Despite my bias toward value, even I like SQ stock long term. Still, over the past year, I have been a Square stock bear on valuation concerns. These worries remain and I would not yet buy SQ.However, even a value-based case has begun to form on SQ stock. The forward price-to-earnings (PE) ratio has fallen to about 68. Also, profit growth has slowed down, but only gradually. Wall Street forecasts a 57.4% increase for this year. For next year, that will only fall to 50%. Analysts also think that SQ will maintain a 49.8% average annual growth rate over the next five years. If the forward PE drops below 60 (a point it surpassed as recently as December), I would recommend buying this stock. Final Thoughts on Square StockThe bad news in Square's numbers may create an opportunity to buy a transformational business at a comparatively low valuation. I have long held a negative view of SQ stock due to its elevated multiple. Despite a steep decline and a partial recovery, SQ still trades at a high PE ratio.However, profit growth will likely come in at about 50% per year for the foreseeable future. More importantly, the growth of its ecosystem looks positioned to transform the finance business. This could also force many of its peers to either adapt or possibly close their doors. * 12 2018 Winners That Will Be Big Ol' Losers in 2019 The Square financial ecosystem will transform the financial industry more than any one company has in decades. This factor alone makes Square stock a buy on any significant pullback.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy Under 15x Earnings * 7 Dark Horse Stocks That Deserve Your Attention in 2019 * 5 Disruptive Technologies That Are Moving Too Fast Compare Brokers The post Square Stock Faces Short-Term Pain and Long-Term Gain appeared first on InvestorPlace.
A Mercedes-Benz Stadium spokesperson said the new cash-to-card kiosks were utilized by less than one percent of the attendees during the rollout at Atlanta United's MLS home opener.
NCR (NCR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
NCR Corp NYSE:NCRView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is moderate Bearish sentimentShort interest | NegativeShort interest is moderately high for NCR with between 10 and 15% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding NCR are favorable, with net inflows of $3.67 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Technology sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Mercedes-Benz Stadium is set to become the first sports stadium to implement a completely cashless transaction model —and will be placing “reverse ATM machines” around the stadium.
NCR last year completely rebuilt its top executive ranks following the April 2018 departure of then-Chairman and CEO Bill Nuti.
Atlanta-based Cardlytics is broadening its leadership team while also expanding its overseas footprint.
The neon lights of some metro Atlanta strip clubs are fading out. Cities including Sandy Springs, Brookhaven, Chamblee and Doraville have changed their laws, making it more difficult for adult entertainment venues to operate within their borders. Three strip clubs in Sandy Springs closed following lengthy court battles with the city.
Atlanta’s ninth-largest commercial real estate brokerage has a new market leader. Sean Moynihan is taking the lead role at Newmark Knight Frank, which has close to 70 brokers and 100 staff in Atlanta. The office is known for strong roots in the office tenant rep business and for its deep ties to Grubb & Ellis, a major player in the city’s brokerage business for years. Several years ago, as the real estate market continued to emerge from the recession, BGC partners completed the purchase of both Newmark and Grubb & Ellis, then eventually rolled them together into one brand.
Strength in Services segment, increase in ATM orders and growth in Cloud software segment drive NCR's fourth-quarter 2018 results. However, weakness in Software business is an overhang.
NCR (NCR) delivered earnings and revenue surprises of 1.20% and 0.89%, respectively, for the quarter ended December 2018. Do the numbers hold clues to what lies ahead for the stock?
ATLANTA (AP) _ NCR Corp. (NCR) on Thursday reported a loss of $47 million in its fourth quarter. The Atlanta-based company said it had a loss of 51 cents per share. The results beat Wall Street expectations.
By the end of January, WeWork had agreements in place to lease nearly 560,000 square feet. It wants 20 locations in Atlanta by the end of next year. It's on pace to lease more than 1 million square feet across the city.
NCR (NCR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Teradata Corp., which shifted its headquarters from the Dayton region to San Diego, has a new leader. Teradata — a data analytics company — promoted Oliver Ratzesberger to president and chief executive officer. Ratzesberger succeeds Victor Lund, who is transitioning to executive chairman of the board of directors. Ratzesberger was Teradata’s chief operating officer since February 2018, responsible for its global operations and leading its strategies for go-to-market, products and services.
It is not uncommon to see companies perform well in the years after insiders buy shares. On the other hand, we'd be remiss not to mention that insider sales have Read More...