Wedbush Equities Analysts Increase Earnings Estimates for Diebold Nixdorf, Incorporated (NYSE:DBD)

Diebold Nixdorf, Incorporated (NYSE:DBD) – Research analysts at Wedbush lifted their Q4 2024 earnings estimates for Diebold Nixdorf in a report released on Thursday, November 9th. Wedbush analyst M. Bryson now forecasts that the technology company will post earnings per share of $1.42 for the quarter, up from their previous estimate of $1.27. Wedbush currently has a “Neutral” rating and a $25.00 price target on the stock. The consensus estimate for Diebold Nixdorf’s current full-year earnings is $1.36 per share.

Several other research analysts have also commented on the stock. StockNews.com started coverage on shares of Diebold Nixdorf in a report on Thursday, October 5th. They issued a “hold” rating on the stock. DA Davidson upgraded shares of Diebold Nixdorf from a “neutral” rating to a “buy” rating and lifted their price objective for the company from $25.00 to $29.00 in a research note on Friday.

Diebold Nixdorf Stock Performance

NYSE DBD opened at $21.27 on Monday. Diebold Nixdorf has a one year low of $16.50 and a one year high of $25.38. The company’s 50 day moving average price is $18.57 and its 200 day moving average price is $8.72.

Hedge Funds Weigh In On Diebold Nixdorf

A number of hedge funds have recently added to or reduced their stakes in the business. Citigroup Inc. acquired a new position in shares of Diebold Nixdorf during the third quarter valued at $135,000. Quadrature Capital Ltd bought a new stake in shares of Diebold Nixdorf during the third quarter valued at about $34,000. Raymond James & Associates bought a new stake in shares of Diebold Nixdorf during the first quarter valued at about $103,000. Cetera Advisors LLC bought a new stake in shares of Diebold Nixdorf during the fourth quarter valued at about $29,000. Finally, Point72 Hong Kong Ltd raised its stake in shares of Diebold Nixdorf by 288.4% during the second quarter. Point72 Hong Kong Ltd now owns 22,085 shares of the technology company’s stock valued at $50,000 after purchasing an additional 16,399 shares in the last quarter.

Insider Transactions at Diebold Nixdorf

In related news, Director Emanuel R. Pearlman purchased 2,000 shares of the firm’s stock in a transaction dated Monday, September 11th. The stock was acquired at an average price of $18.31 per share, with a total value of $36,620.00. Following the completion of the transaction, the director now owns 2,000 shares of the company’s stock, valued at $36,620. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 2.05% of the company’s stock.

About Diebold Nixdorf

Diebold Nixdorf, Incorporated engages in the automating, digitizing, and transforming the way people bank and shop worldwide. It operates through two segments, Banking and Retail. The company 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.