Shares of Diebold Nixdorf Inc (NYSE:DBD) have earned an average recommendation of “Hold” from the seven research firms that are currently covering the firm, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $6.00.
Several brokerages recently issued reports on DBD. Zacks Investment Research lowered shares of Diebold Nixdorf from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. ValuEngine lowered shares of Diebold Nixdorf from a “hold” rating to a “sell” rating in a research note on Wednesday, May 1st.
Shares of NYSE:DBD traded up $0.33 during trading on Monday, reaching $9.16. The stock had a trading volume of 2,692,804 shares, compared to its average volume of 987,235. The business’s fifty day moving average is $9.30. The company has a current ratio of 1.29, a quick ratio of 0.89 and a debt-to-equity ratio of 102.95. Diebold Nixdorf has a 52 week low of $2.41 and a 52 week high of $13.49. The stock has a market capitalization of $701.56 million, a PE ratio of -8.89 and a beta of 2.77.
Diebold Nixdorf (NYSE:DBD) last issued its earnings results on Tuesday, April 30th. The technology company reported ($0.63) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.35) by ($0.28). The company had revenue of $1.03 billion for the quarter, compared to the consensus estimate of $1.04 billion. Diebold Nixdorf had a negative return on equity of 53.21% and a negative net margin of 13.37%. The firm’s revenue was down 3.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.12) earnings per share. As a group, research analysts predict that Diebold Nixdorf will post -0.01 earnings per share for the current year.
In other Diebold Nixdorf news, CFO Jeffrey L. Rutherford acquired 10,000 shares of the stock in a transaction on Thursday, May 2nd. The shares were purchased at an average price of $9.12 per share, for a total transaction of $91,200.00. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Arthur F. Anton acquired 25,000 shares of the stock in a transaction on Thursday, May 2nd. The shares were acquired at an average price of $9.01 per share, for a total transaction of $225,250.00. The disclosure for this purchase can be found here. Over the last three months, insiders have purchased 65,000 shares of company stock worth $592,300. 0.92% of the stock is owned by insiders.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Sterling Investment Advisors Ltd. acquired a new position in Diebold Nixdorf during the first quarter worth $55,000. Investors Research Corp purchased a new stake in shares of Diebold Nixdorf in the first quarter valued at about $106,000. Quinn Opportunity Partners LLC purchased a new stake in shares of Diebold Nixdorf in the first quarter valued at about $111,000. Coldstream Capital Management Inc. purchased a new stake in shares of Diebold Nixdorf in the fourth quarter valued at about $25,000. Finally, Advisor Partners LLC purchased a new stake in shares of Diebold Nixdorf in the first quarter valued at about $113,000. Hedge funds and other institutional investors own 88.02% of the company’s stock.
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 through two segments, Banking and Retail. The Banking segment offers cash recyclers and dispensers, intelligent deposit terminals, teller automation tools, and kiosk technologies, as well as physical security solutions; and front-end applications for consumer connection points and back-end platforms that manage channel transactions, operations and integration and facilitate omnichannel transactions, endpoint monitoring, remote asset management, customer marketing, merchandise management, and analytics.
Featured Article: Limitations of the P/E Growth ratio
Receive News & Ratings for Diebold Nixdorf Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diebold Nixdorf and related companies with MarketBeat.com's FREE daily email newsletter.