Diebold Nixdorf Inc (NYSE:DBD)’s share price was down 5.7% on Monday . The stock traded as low as $12.45 and last traded at $12.45. Approximately 1,091,062 shares were traded during trading, a decline of 32% from the average daily volume of 1,597,290 shares. The stock had previously closed at $13.20.
Several equities analysts recently weighed in on DBD shares. ValuEngine upgraded Diebold Nixdorf from a “hold” rating to a “buy” rating in a research report on Wednesday, March 7th. Zacks Investment Research raised Diebold Nixdorf from a “sell” rating to a “hold” rating in a report on Monday, April 16th. Credit Suisse Group cut Diebold Nixdorf from an “outperform” rating to a “neutral” rating and set a $19.00 price target on the stock. in a report on Friday, May 4th. DA Davidson decreased their price target on Diebold Nixdorf from $16.50 to $14.00 and set a “hold” rating on the stock in a report on Thursday, May 3rd. Finally, JPMorgan Chase & Co. reissued a “neutral” rating and set a $19.00 price target on shares of Diebold Nixdorf in a report on Wednesday, May 2nd. Three research analysts have rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $19.80.
The company has a debt-to-equity ratio of 3.70, a current ratio of 1.31 and a quick ratio of 0.86. The firm has a market cap of $1.00 billion, a P/E ratio of 11.02, a PEG ratio of 4.31 and a beta of 1.96.
Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings results on Wednesday, May 2nd. The technology company reported ($0.12) EPS for the quarter, missing the Zacks’ consensus estimate of $0.01 by ($0.13). The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.08 billion. Diebold Nixdorf had a negative net margin of 5.36% and a positive return on equity of 12.89%. Diebold Nixdorf’s revenue was down 3.5% compared to the same quarter last year. During the same period in the prior year, the business earned $0.08 earnings per share. equities analysts anticipate that Diebold Nixdorf Inc will post 1.02 EPS for the current fiscal year.
In other news, insider Gerrard Schmid bought 10,000 shares of Diebold Nixdorf stock in a transaction dated Tuesday, May 8th. The shares were purchased at an average cost of $11.85 per share, with a total value of $118,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Patrick W. Allender bought 25,000 shares of Diebold Nixdorf stock in a transaction dated Monday, May 7th. The stock was purchased at an average cost of $11.87 per share, for a total transaction of $296,750.00. The disclosure for this purchase can be found here. Over the last three months, insiders have acquired 46,300 shares of company stock worth $547,960. Insiders own 0.74% of the company’s stock.
Several hedge funds have recently modified their holdings of DBD. Schwab Charles Investment Management Inc. increased its holdings in shares of Diebold Nixdorf by 14.3% in the fourth quarter. Schwab Charles Investment Management Inc. now owns 633,114 shares of the technology company’s stock worth $10,352,000 after purchasing an additional 79,378 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Diebold Nixdorf by 350.6% in the fourth quarter. SG Americas Securities LLC now owns 26,919 shares of the technology company’s stock worth $440,000 after purchasing an additional 20,945 shares during the last quarter. Aperio Group LLC increased its holdings in shares of Diebold Nixdorf by 135.9% in the fourth quarter. Aperio Group LLC now owns 43,597 shares of the technology company’s stock worth $713,000 after purchasing an additional 25,114 shares during the last quarter. Teacher Retirement System of Texas bought a new stake in shares of Diebold Nixdorf in the fourth quarter worth about $381,000. Finally, California Public Employees Retirement System increased its holdings in shares of Diebold Nixdorf by 14.8% in the fourth quarter. California Public Employees Retirement System now owns 238,556 shares of the technology company’s stock worth $3,900,000 after purchasing an additional 30,805 shares during the last quarter.
Diebold Nixdorf Company Profile
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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