Diebold Nixdorf (NYSE:DBD) Given “Buy” Rating at DA Davidson

DA Davidson restated their buy rating on shares of Diebold Nixdorf (NYSE:DBD) in a report issued on Tuesday morning,Benzinga reports. They currently have a $100.00 price objective on the technology company’s stock.

Several other research firms also recently issued reports on DBD. Weiss Ratings raised Diebold Nixdorf from a “hold (c+)” rating to a “buy (b)” rating in a research report on Tuesday, February 17th. Wedbush set a $100.00 target price on Diebold Nixdorf in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $100.00.

Diebold Nixdorf Price Performance

NYSE DBD opened at $84.53 on Tuesday. The firm’s fifty day simple moving average is $78.80 and its two-hundred day simple moving average is $69.73. The company has a current ratio of 1.30, a quick ratio of 0.92 and a debt-to-equity ratio of 0.85. Diebold Nixdorf has a 12-month low of $41.05 and a 12-month high of $88.92. The firm has a market capitalization of $2.94 billion, a P/E ratio of 32.64 and a beta of 1.48.

Diebold Nixdorf (NYSE:DBD) last released its quarterly earnings results on Thursday, February 12th. The technology company reported $3.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.73 by $1.29. The business had revenue of $1.10 billion for the quarter, compared to analyst estimates of $1.11 billion. Diebold Nixdorf had a net margin of 2.49% and a return on equity of 17.25%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.750 EPS. Analysts forecast that Diebold Nixdorf will post 5.48 EPS for the current fiscal year.

Insider Activity

In other news, major shareholder Millstreet Capital Management sold 60,833 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $84.77, for a total transaction of $5,156,813.41. Following the sale, the insider directly owned 4,704,438 shares of the company’s stock, valued at $398,795,209.26. This represents a 1.28% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Over the last 90 days, insiders have sold 512,234 shares of company stock worth $42,516,215. Corporate insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On Diebold Nixdorf

Several hedge funds have recently modified their holdings of the company. ProShare Advisors LLC increased its holdings in shares of Diebold Nixdorf by 4.1% during the 4th quarter. ProShare Advisors LLC now owns 4,521 shares of the technology company’s stock worth $307,000 after buying an additional 178 shares during the last quarter. CWM LLC increased its holdings in shares of Diebold Nixdorf by 15.6% during the 4th quarter. CWM LLC now owns 1,719 shares of the technology company’s stock worth $117,000 after buying an additional 232 shares during the last quarter. Strs Ohio increased its holdings in shares of Diebold Nixdorf by 2.2% during the 3rd quarter. Strs Ohio now owns 13,800 shares of the technology company’s stock worth $787,000 after buying an additional 300 shares during the last quarter. Lazard Asset Management LLC increased its holdings in shares of Diebold Nixdorf by 1.0% during the 2nd quarter. Lazard Asset Management LLC now owns 31,421 shares of the technology company’s stock worth $1,740,000 after buying an additional 322 shares during the last quarter. Finally, AlphaQuest LLC increased its holdings in shares of Diebold Nixdorf by 65.1% during the 3rd quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock worth $49,000 after buying an additional 339 shares during the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.

Diebold Nixdorf Company Profile

Diebold Nixdorf, Inc (NYSE: DBD) is a leading global provider of connected commerce solutions, specializing in automated teller machines (ATMs), point-of-sale (POS) systems and related software and services for the banking and retail industries. The company’s core offerings include hardware platforms, software applications for transaction management and advanced analytics tools that enable financial institutions and retailers to enhance customer engagement, streamline operations and improve security at the point of transaction.