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

Diebold Nixdorf (NYSE:DBD)‘s stock had its “buy” rating reiterated by investment analysts at DA Davidson in a research report issued on Monday,Benzinga reports. They presently have a $100.00 price objective on the technology company’s stock. DA Davidson’s target price would suggest a potential upside of 29.96% from the company’s previous close.

Other equities analysts have also recently issued research reports about the stock. Weiss Ratings upgraded shares of 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 shares of Diebold Nixdorf in a research report on Friday, February 13th. Three analysts have rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus target price of $100.00.

Diebold Nixdorf Price Performance

Shares of Diebold Nixdorf stock traded down $0.92 on Monday, hitting $76.95. 125,158 shares of the company traded hands, compared to its average volume of 390,227. The firm’s 50-day simple moving average is $79.34 and its 200 day simple moving average is $70.99. The company has a current ratio of 1.28, a quick ratio of 0.89 and a debt-to-equity ratio of 0.92. The company has a market cap of $2.68 billion, a P/E ratio of 26.12 and a beta of 1.16. Diebold Nixdorf has a 12-month low of $43.61 and a 12-month high of $89.05.

Diebold Nixdorf (NYSE:DBD) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $0.60 earnings per share for the quarter, missing the consensus estimate of $0.61 by ($0.01). The company had revenue of $888.20 million for the quarter, compared to analysts’ expectations of $846.23 million. Diebold Nixdorf had a net margin of 2.80% and a return on equity of 18.82%. Diebold Nixdorf has set its FY 2026 guidance at 5.250-5.75 EPS. Analysts expect that Diebold Nixdorf will post 5.47 earnings per share for the current fiscal year.

Insider Activity

In other Diebold Nixdorf news, major shareholder Millstreet Capital Management sold 399,929 shares of the business’s stock in a transaction dated Wednesday, April 8th. The shares were sold at an average price of $82.42, for a total value of $32,962,148.18. Following the transaction, the insider owned 4,816,743 shares in the company, valued at approximately $396,995,958.06. The trade was a 7.67% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold a total of 512,234 shares of company stock valued at $42,516,215 in the last 90 days. 1.10% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Diebold Nixdorf

A number of hedge funds have recently modified their holdings of the company. AlphaQuest LLC increased its position in shares of Diebold Nixdorf by 65.1% during the third quarter. AlphaQuest LLC now owns 860 shares of the technology company’s stock valued at $49,000 after buying an additional 339 shares during the period. Jones Financial Companies Lllp increased its position in shares of Diebold Nixdorf by 325.9% during the first quarter. Jones Financial Companies Lllp now owns 1,150 shares of the technology company’s stock valued at $50,000 after buying an additional 880 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Diebold Nixdorf during the second quarter valued at about $105,000. CWM LLC increased its position in shares of Diebold Nixdorf by 15.6% during the fourth quarter. CWM LLC now owns 1,719 shares of the technology company’s stock valued at $117,000 after buying an additional 232 shares during the period. Finally, Kemnay Advisory Services Inc. purchased a new position in shares of Diebold Nixdorf during the fourth quarter valued at about $128,000. Hedge funds and other institutional investors own 97.04% of the company’s stock.

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.