Diebold Nixdorf (NYSE:DBD) was upgraded by equities research analysts at ValuEngine from a “hold” rating to a “buy” rating in a research note issued on Monday, February 4th.
Several other equities research analysts also recently weighed in on the company. DA Davidson raised Diebold Nixdorf from a “neutral” rating to a “buy” rating and set a $5.00 price target for the company in a report on Tuesday, January 8th. Zacks Investment Research raised Diebold Nixdorf from a “sell” rating to a “hold” rating in a report on Monday, November 5th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of $6.56.
NYSE DBD traded down $0.01 during trading on Monday, hitting $9.18. The company’s stock had a trading volume of 2,481,502 shares, compared to its average volume of 2,731,109. The company has a debt-to-equity ratio of 102.95, a quick ratio of 1.02 and a current ratio of 1.40. The company has a market cap of $659.23 million, a PE ratio of -8.91, a P/E/G ratio of 12.83 and a beta of 2.48. Diebold Nixdorf has a fifty-two week low of $2.41 and a fifty-two week high of $18.05.
Diebold Nixdorf (NYSE:DBD) last issued its quarterly earnings results on Wednesday, February 13th. The technology company reported ($0.08) earnings per share for the quarter. The business had revenue of $1.29 billion during the quarter, compared to analyst estimates of $1.22 billion. Diebold Nixdorf had a negative return on equity of 53.21% and a negative net margin of 11.92%. Diebold Nixdorf’s revenue was up 3.2% compared to the same quarter last year. During the same period in the prior year, the business posted $0.40 EPS. On average, sell-side analysts predict that Diebold Nixdorf will post 0.23 earnings per share for the current fiscal year.
In other news, SVP Ulrich Naher bought 13,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 20th. The stock was purchased at an average price of $8.57 per share, with a total value of $111,410.00. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.74% of the company’s stock.
A number of hedge funds have recently made changes to their positions in DBD. FMR LLC raised its position in Diebold Nixdorf by 22.8% during the second quarter. FMR LLC now owns 779,389 shares of the technology company’s stock valued at $9,314,000 after acquiring an additional 144,792 shares in the last quarter. First Manhattan Co. purchased a new position in Diebold Nixdorf during the third quarter valued at approximately $618,000. NJ State Employees Deferred Compensation Plan purchased a new position in Diebold Nixdorf during the third quarter valued at approximately $243,000. Brave Asset Management Inc. purchased a new position in Diebold Nixdorf during the third quarter valued at approximately $128,000. Finally, Russell Investments Group Ltd. raised its position in Diebold Nixdorf by 26.5% during the third quarter. Russell Investments Group Ltd. now owns 2,432,385 shares of the technology company’s stock valued at $10,966,000 after acquiring an additional 510,286 shares in the last quarter.
About Diebold Nixdorf
Diebold Nixdorf, Incorporated provides connected commerce solutions to financial institutions and retailers in North America, the Asia Pacific, Europe, the Middle East, Africa, and Latin America. The company operates in three segments: Services, Software, and Systems. The Services segment provides product-related services, such as first and second line maintenance, preventive maintenance, and on-demand services; and managed and outsourcing services, including store lifecycle management, self-service fleet management, branch lifecycle management, automated teller machine (ATM) as-a-service, and managed mobility services, as well as cash management services.
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