Back to top

Analyst Blog

NCR Corp. (NCR - Analyst Report) recently announced that it has sealed an agreement with Santikos Theatres. The financial details of the deal were not divulged. Santikos Theatres is a movie theater chain based in San Antonio, Texas.

Under the terms of the agreement, NCR will provide the theatre chain with its recently launched ‘Reel Time’ solution. The solution is expected to be implemented across all eight Santikos movie theatres in Texas.

The latest technology, NCR Reel Time facilitates complex data analysis and provides the required information to theatre operators for taking crucial operational decisions. Through this technology theatre owners can calculate concession amount, snack bar sales amount as well as plan new promotions, product launches and rate changes. The solution will also help Santikos to better focus on its growth strategies.

Apart from this solution, NCR launched Usherman services to accelerate e-ticket checking at auditoriums, thereby making the task of ushers much easier. Ushers generally work in theaters, stadiums, symphony halls and other recreational places. Patrons hand their tickets to ushers, who lead or direct them to their seats. Usherman services are easily deployable through Apple Inc.’s (AAPL - Analyst Report) iPod Touch 4G.

We believe that the consecutive launch of these two solutions will make the operations within the theatres easy while making the movie-goers gain prompt services.

NCR has managed to successfully strike a number of deals based on its innovative products and services. Moreover, continuous launch of new technological solutions have made the company a favorite solutions-provider for many firms encircling different industrial sectors.

Despite NCR’s growth prospects, we are a bit concerned about the European debt crisis and slowing IT spending recovery in U.S., as this can rationalize the strong fundamentals to some extent.

NCR has a Zacks #3 Rank, implying a short-term Hold rating.

Please login to Zacks.com or register to post a comment.

New to Zacks?

Start Here

Zacks Investment Research

Close

Are you a new Zacks Member or a visitor to Zacks.com?

Top Zacks Features

My Portfolio Tracker

Is it Time to Sell?

One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts.

More Zacks Resources

Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.

Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.

Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.

My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.

Zacks #1 Rank Top Movers for Zacks #1 Rank Top Movers

Company Symbol Price %Chg
RPC INC RES 24.91 +8.35%
LITHIA MOTO… LAD 94.59 +4.60%
DELTA AIR L… DAL 39.15 +3.90%
FLAMEL TECH… FLML 14.51 +3.50%
SOUTHWEST A… LUV 28.87 +2.92%